1986 Porsche 944 Turbo 951 91'165 Miles No Reserve on 2040-cars

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Former Porsche CEO Wiedeking indicted over VW takeover bid

Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar manufacturer's ill-fated attempt to take over the much larger VW. That failed bid eventually resulted in the reverse coming true - VW swallowing Porsche.
The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."

2013 Goodwood Festival of Speed statue unveiled

Each year at the Goodwood Festival of Speed, a single marque is celebrated with a large and ornate "Central Feature" sculpture, with recent automakers including Audi in 2009, Alfa Romeo in 2010, Jaguar in 2011 and Lotus last year. This year, Porsche gets the honor, and it is using the opportunity to commemorate 50 years of the 911.
The sculpture features three generations of the 911 towering over the Goodwood House. The most recent 991 911 has the lowest position, with an original 1963 car second highest and a 1973 2.7 RS at the top of the pile. Be sure to check out the sculpture for yourself in the gallery of images above.

2015 Porsche 911 GTS widens your rear-engined choices

"Porsche needs to offer more versions of the 911" is not a phrase you'll hear uttered often. Not with 15 versions already in the catalog. But with the opening of this year's LA Auto Show, Porsche has introduced four more to bring the total up to nineteen variants. And more are no doubt on the way. What you're looking at is the new Porsche 911 GTS, which has grown from one model in the previous generation to four. Buyers will be able to choose between rear- or all-wheel drive and between coupe and cabriolet body-styles, but either way they'll be looking at a 3.8-liter flat six with 430 horsepower. That slots it in between the base Carrera and the GT3, but unlike the hardcore latter, it can be had with choice of manual or dual-clutch transmission – bringing the available configurations of 911 GTS up to eight. Spec the DCT and you'll be reaching 60 in as little as 3.8 seconds, but the pleasure won't come cheap: prices range from $114,200 for the rear-drive coupe to $132,800 for the all-wheel-drive cabrio, plus another $995 for delivery. But for that much scratch you also get the Powerkit, Sport Chrono package, wider track, lower suspension, Xenon headlamps, Alcantara trim, 20-inch alloys and more all thrown in as standard.