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Porsche Cayman GT4 spotted at the N?rburgring
Tue, 13 May 2014It was just the other day that we first caught wind of Porsche's plans to build a GT4 version of the Cayman, and now we're already looking at spy shots of the vehicle in question undergoing testing at - where else? - the Nürburgring.
With more aggressive front-end aero, a GT3-style air vent ahead of the front hood, a large wing at the back, and spindly alloys packed with over-sized brakes at each corner, this Cayman is clearly more extreme than even the range-topping GTS. The rear diffuser and central exhaust tips look about the same as those you'd find at the back of the Cayman GTS, though.
What we can't see, of course, is what Porsche has slotted in under the rear glass, how it's upgraded the interior and how much weight it's stripped out of the thing to get it down to fighting weight, but you can bet it'll come with a substantial power bump and a stripped-out interior with racing buckets and little else to open the gap between it and the GTS... and close the gap to the 911 GT3 which it will join as the baby brother in Porsche's performance-focused lineup. Click above to view the double-batch of spy shots.
Porsche-Piech buy 10% stake in VW's holding company
Tue, 18 Jun 2013In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.
J.D. Power: Vehicle dependability at all-time high, Lexus and Porsche lead
Wed, 13 Feb 2013
Each year, J.D. Power and Associates surveys original owners of three-year-old vehicles to find out what kinds of problems they have had experienced over the last 12 months, and then it uses this data to create its annual Vehicle Dependability Study. This means that the models in the 2013 study are 2010 model year vehicles, and J.D. Power rates each make as well as the top individual models based on how many problems were experienced per 100 vehicles (PP100).
Debunking the idea that carryover models are more dependable than new or updated models, the 2013 study found that the average carryover model experienced 133 PP100, while all-new or redesigned vehicles for the 2010 model year had 116 PP100; vehicles that received minor changes fared the best with just 111 PP100. The overall average for all makes was 126 PP100, which is the lowest figure since the findings were first issued in 1989.