1997 Porsche Boxster Base Convertible 2-door 2.5l No Reserve. on 2040-cars

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Father-son team grows close by building tuned Porsche

We've seen several heartwarming videos of kids bonding over cars with their parents, whether racing together or giving them as gifts. The story of Leh Keen and his father McGrath, though, is somewhat different. Not many dads are looking for a vehicle quite this mental.
As Leh tells it, his dad saw a video online of one of the wild Porsches from Japanese tuner Rauh-Welt Begriff and decided that he needed one of the creations in his own garage. Since Leh knows something about cars himself as a driver for Alex Job Racing in the United SportsCar Championship, McGrath put his son in charge of managing the build from the company.
When the car made it to the US for completion from Rauh's famed builder Nakai, father and son bonded over the red, widebody 993-platform 911. The final product is certainly eye-catching. Scroll down to watch the video that features not only an engrossing father-son tale but also a seriously wicked, tuned Porsche from one of Japan's finest.

1986 Porsche 959 Prototype at Barrett-Jackson sees gavel fall at $440,000 [UPDATE: w/video]

Fans of Porsche in America have longed for the chance to buy a 959 ever since the German automaker produced and sold it (well, sold it everywhere but the United States...) in the 1980s. Well, they just had their chance. The car you see above is a Porsche 959 prototype built in 1986, and only one other running prototype still exists.
The 959 prototype can't be driven on public roads, as it carries no such certification. Somehow, we doubt that matters all that much to the new buyer - this one is probably going to be sitting in a collection. When the gavel finally fell, bidding had reached $400,000, plus a 10-percent buyer's fee.
Check out our high-res image gallery above to see this prototype up close, and scroll down below to watch a video of it crossing the auction block and for its official auction description.

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.