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Porsche caught testing sub-Panamera-sized sedan

Anyone remember the Porsche Pajun? It was supposed to be Porsche's long-rumored entry level sedan before it mostly dropped off the radar. Now, it might have blipped its way back onto our screens, thanks to a series of spy shots showing what on the surface looks like a Panamera. While our spies point to this being a coupe mule riding on a shortened version of the Panamera's platform, we're leaning towards a smaller sedan. Even with the rear windows obscured, the wheelbase and driver's seating position (which we'll admit is remarkably low and coupe-like) seem wrong for a two-door model, even a disguised one. The cutlines in the rear doors look too deep to be camouflage, and based on the look of those door handles, the rear doors are definitely real. As for what's not real, we wouldn't read too much into those rivet-like things at the front and rear. They're just there to secure the camouflage. We might not be on the same page as our spies about what this car actually is, but they make a strong argument for its eventual styling, which should be a mix of 911 and Panamera. There's a slim strip of taillight hiding beneath the rear camo – you'll need to zoom way in, but the white housings are there – that reminds us of the new 911. It should be more Panamera in the front fascia, aside from the headlights, which might be the only styling element that draws inspiration from the 718. Based on the state of this car, we're thinking it's still quite early in the Pajun's development process. Whether the development timeline lines up with this 2019 prediction remains to be seen. Related Video: Featured Gallery Porsche Pajun: Spy Shots View 10 Photos Image Credit: CarPix Spy Photos Porsche Luxury Performance Sedan porsche pajun

Automakers paying Chinese dealers for lower-than-expected sales

The Chinese dealers vs. foreign manufacturers story won't quit. It began with a story on the struggles faced by FAW-Toyota joint venture dealers, with supposedly 95 percent of the showrooms losing money, and 10 percent of them doing so poorly that they'd have to exit the business. The problem is mandated sales targets, most set when the country's economy was racing. Now that things have slowed, China's dealers are swimming in unsold cars and the costs to keep them. In the case of FAW-Toyota, dealers asked Toyota to hand over 2.2 billion yuan ($355 million) to help address the situation. That was followed by a report noting the issues that Honda, BMW, and Nissan dealers are having with the same issue, revealing that the Chinese Automobile Dealers Association (CADA) had taken the highly unusual step of writing to the Chinese government to complain. Now Reuters reports that CADA is not only pressing its case even harder, it's being open about it: it announced that BMW agreed to pay dealers 5.1 billion yuan ($820 million) to alleviate poor profits last year. Unnamed sources said Audi has thrown 2 billion yuan into the kitty for subsidies, and Daimler has contributed "about 1 billion yuan" to its dealers. The battle isn't just about 2014, but how business will be run in 2015 as well: Chinese Porsche dealers have requested the automaker lower its 2015 target of 64,000 cars, which would be a 40-percent increase on its 2014 sales of 46,931 vehicles. One analyst called it "shocking" that the CADA has taken its fight public, while CADA comments continue to imply that dealers have been railroaded to the cliff's edge without recourse. "Due to the difference in status," it's deputy secretary said, "individual dealers are not willing to, or don't dare to, talk frankly with the carmakers...." Both parties need one another, so they'll figure out a way to make it work – but that could mean acknowledging the Chinese market is behaving more like a mature one, not an emerging one. News Source: ReutersImage Credit: Lintao Zhang/Getty Images Earnings/Financials Audi BMW Porsche Toyota Car Dealers Luxury

Porsche planning new 911 Speedster as 550 tribute

Some look at the emergence of a new Porsche 911 and see a car. But to Porsche engineers, it might as well be a reset button. Because every time a new 911 comes out, it sets off a tidal wave of new variants to follow, including convertibles, turbos, targas, GT3s... the works.
The next down the pipeline, though, could be one of the most desirable. That, according to German publication Auto Bild, will be a new 911 Speedster. When it arrives early in 2015, the special roadster will reportedly be limited to just 550 examples in tribute to the original 550 Spyder.
It'll reportedly have hidden door handles, a chopped-down windshield and a fabric top to be used only in case of emergency, manually disappearing below a carbon-fiber cowling. All of which makes it sounds as much like a bigger version of the Boxster Spyder as a successor to the last 911 Speedster (pictured above), and that's no bad thing at all.