2003 Porsche on 2040-cars
Carrollton, Texas, United States
Porsche 911 for Sale
- 2002 porsche 911 966 cabriolet convertible, perfect body, knocking motor(US $14,999.00)
- 2dr cpe carrera s low miles coupe manual gasoline 3.8l flat 6 cyl engine other(US $61,880.00)
- 1976 porsche 911 coupe
- 01 carrera 911 coupe one owner fla carfax 6spd manual body kit leather sunroof(US $24,450.00)
- 2001 porsche 911 carrera cabriolet 6 speed 2 tops heated seats nice
- 2001 porsche 911 carrera convertible 2-door 3.4l(US $21,500.00)
Auto Services in Texas
Yos Auto Repair ★★★★★
Yarubb Enterprise ★★★★★
WEW Auto Repair Inc ★★★★★
Welsh Collision Center ★★★★★
Ward`s Mobile Auto Repair ★★★★★
Walnut Automotive ★★★★★
Auto blog
$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.
eGarage video features Helmuth Bott's personal Porsche 959 prototype
Fri, 12 Apr 2013"We thought we were going to build a super-911," said Peter Schutz, former CEO of Porsche AG of the development of the Porsche 959. That was before it started getting expensive. At that point, Helmuth Bott, Porsche R&D director got frightened. Costs ballooned because of the all-wheel drive, sequential turbocharging and other technology Porsche had never even thought about when it set out to build a 911 to compete in Group B. Schutz continued, "The amount of resources we were committing got totally out of hand." Instead of pulling the plug, Bott doubled down and drew on the strength of his brilliant team to build a car whose impact is still echoing aross the industry.
"It's probably one of our most prized possessions" says Don Leatherwood, Director of the Brumos collection where Dr. Bott's personal prototype resides, and where Frazer Spowart went to see the car and create a video for eGarage. Check out the sights and sounds of the 959 before it was the 959, and get personal takes on the car from Hurley Haywood, Peter Schutz and Don Leatherwood. Keep reading to see the video.
Porsche 911 RSR in bizarre, terrifying rally crash
Sun, 22 Sep 2013As far as rally crashes go, this one is pretty terrifying. At this month's Hellendoorn Rally, Harry Kleinjan failed to negotiate a turn and drove his Porsche 911 RSR straight into a Jersey barrier, flipping the car into the river.
While it's unclear what caused the accident, German Car Scene notes, "We can see his brakes locking up ahead of the impact, which also ripped both driver's side wheels off, so it may be a case of ill-judged late braking, locking brakes or a jammed throttle." Us? We're betting it might have been bad pace notes. Fortunately for Harry and his co-driver, all indications are that no one was hurt. Check out the videos below to see the spectacular crash for yourself.