912 Coupe #match Solid Orig Floors Nice Orig Interior 5-speed Trans Coa Correct on 2040-cars

Auto blog

Porsche gives GT3 owners extra year of warranty, new engines in production April 22

While the auto industry reels from massive recall after massive recall, Porsche has quietly been working on a fix for an issue that's forced owners of the new 911 GT3 to park their track-ready rockets for fear of an engine fire. Thanks to a leaked letter from Porsche to a GT3 owner (which has been certified as real), we now have an idea of just where the German brand is at with the fix.
On April 22, Porsche will begin production of a new batch of GT3 engines for the 785 affected models across the globe. As you'll recall, the original issue rested with a screw joint that could loosen the connecting rod. The new engines have an "optimized piston rod screw connection," that should keep the connecting rod in place. Once technical validations are completed, production will kick off and new powerplants will be shipped around the globe for owners of the troubled cars.
Porsche will hand out a certificate to owners of affected cars once repairs have been completed, as a means of documenting the work. To make up for the trouble, Porsche will be giving owners an extra year on their new-vehicle warranty, while the 911 GT3 concierge will be reaching out to compensate them for having to park their car for so long.

Ferrari 458 Speciale vs Porsche 911 GT3 shows what Chris Harris does best

After a brief trip behind a pay wall, British auto journalist Chris Harris is back posting videos for free online, and shorts like this one are the perfect example of why his return is so welcome. Showing up at the damp Anglesey Circuit on the Welsh coast with the Ferrari 458 Speciale and Porsche 911 GT3, Harris ostensibly aims to find the better model. However, the final result really succeeds in showcasing the fun to be had behind the wheels of both supercars, particularly when initiating huge slides around the track. As Harris presents it, the vehicles get through the circuit in somewhat different ways The Ferrari is brash and "feels alive," as he puts it as it screams around the track. Alternatively, the Porsche is a bit more restrained, while still being able to show some emotion. In the end, it comes down to trying to get a controlled lap around Anglesey from this duo, but it's pretty clear that the times don't tell the whole story. If you're in the mood to watch two of the world's premiere supercars wag their tails in the wet, then this video cannot be missed.

Porsche's former CEO Wiedeking to stand trial over VW-share manipulation

Former Porsche CEO Wendelin Wiedeking (left in the above photo) could potentially be facing some time in the slammer after all. The last we had heard, he and former Chief Financial Officer Holger Haerter (right) had avoided a trial in April due to a lack of evidence. However, an appeals court in Stuttgart has looked at the case again and overruled the earlier decision, finding that the executives should be tried for share manipulation during Porsche's failed attempt to take over Volkswagen in 2008, Bloomberg reports.
The judges in the appeal "list numerous indications that could suggest that there was a hidden decision to increase the stake as they could suggest the opposite evaluation by the lower court," said Stefan Schueler, a spokesperson for the court, in a statement cited by Bloomberg. Wiedeking and Haerter put out their own releases saying that there was no merit to the charges.
The prosecutors allege that Wiedeking and Haerter had a plan to buy up VW stock options in 2008 to take the automotive giant over but hid it from investors. The whole thing was a massive failure and eventually allowed VW the chance to acquire Porsche and forced the two execs to step down. In addition to the criminal investigation, hedge funds have attempted to sue the company multiple times in civil court for the same reason, but they have repeatedly failed.