2012 Porsche Cayenne Turbo, Certified!! 39k Miles, Burmester Audio!! on 2040-cars

Auto blog

Porsche again staring down another $1.8B in hedge fund lawsuits

The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.

Porsche Cayman S and Caterham 7 go head to head on the drag strip

We recently saw the standard Porsche Cayman go up against a Subaru WRX STI in a one-mile drag race with surprising results. Apparently, Evo had a similar idea of evaluating the Cayman's quickness. However, it opted for the more powerful S model and chose a flyweight Caterham Roadsport 140 as the challenger. Will the results of this battle be as close at the end of the kilometer-long (0.62-mile) drag?
Neither of these are cars you'd usually associate with drag racing, but they are nearly evenly matched. Evo selected them based on power-to-weight ratio, with the Caterham offering a scant 140 horsepower in a lithe 1,213-pound package. The Porsche is a quite svelte 2,910 pounds but has 325 hp to haul it around.
Of course, power-to-weight ratio isn't everything. There are a ton of other variables like aerodynamics and gearing that play a huge role, as well. Can the little Caterham's weight advantage overcome the better aero and additional power of the Porsche? Scroll down watch the video and find out.

Supercar parade entering highway is mesmerizing

In what must have looked and sounded to motorists on the M6 like an invasion of The Swarm, a parade of 50 enthusiast gems leaving a charity event were caught shooting down the on-ramp and merging into traffic. There were plenty of Porsches joining the 959 and Ducktail above, Aston Martins going back to the badboy V8 of the last millennium, a Ferrari Testarossa, a TVR and numerous other Easter eggs.
There were not, however, plenty of turn signals, with someone counting just five among the fifty engaging in proper use of the blinker. One reason put forth for that is the same reason we're posting this video, which is from last Summer, below: "because supercar." Enjoy.