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Porsche Cayman, Boxster caught in GTS trim

A few months ago, we reported on some leaked information from an internal presentation for upcoming Porsche models. This included details about the Macan and the 911 Targa, which we now know to be true, but there was also talk about GTS versions of the Cayman and Boxster.
Well, it appears we're now getting our first look at these GTS models, as our spy photographers have just snapped a pair of Porsche prototypes out testing - one Cayman and one Boxster.
Right off the bat, we can see that both GTS-branded cars will get a slightly tweaked exterior with new fascias (bringing LED daytime running lights to the Cayman) and air diffusers at the rear. The true gem of these cars will be the added horsepower to the tune of 340 horsepower - a 15-hp bump. A manual transmission will likely be standard, as will Porsche Active Suspension Management (PASM).

German judge 'inclined to dismiss' hedge fund lawsuit against Porsche

Last year, around two dozen investors, including hedge funds, leveled a 1.4 billion euro ($1.95 billion at the time) lawsuit against Porsche in connection with the automaker's attempted takeover of Volkswagen in 2008. The Stuttgart Regional Court dismissed the case. Around 19 of those plaintiffs are heading back to court to appeal the ruling and still hope to get 1.2 billion euros ($1.4 billion). However, according to one German judge, the chances for success aren't any better this time around. "On balance it's our view that we consider the lawsuit, or the appeal, to be unpromising for several reasons," Gerhard Ruf, a judge in Stuttgart, said to Reuters. "We are inclined to dismiss the case." The court's ruling on the appeal will be announced on March 26. The investors' case hinges on Porsche's strategy surrounding the botched takeover. The sports car maker said that it wasn't trying to control VW, when in fact it was. These hedge funds had bet against Volkswagen stock, but the share price surged when Porsche's plan inevitably came to light. Investors have sued the sports car company multiple times since then in attempts to recoup billions of dollars. However, none of the lawsuits have been successful, whether attempted in the US or Germany. Former Porsche CEO Wendelin Wiedeking and and CFO Holger Haerter might still stand trial for the alleged stock manipulation, though. News Source: ReutersImage Credit: Matthias Rietschel / AP Photo Government/Legal Porsche Volkswagen lawsuit hedge funds porsche lawsuit

Russian President Putin's new limo makes debut ahead of 2017 production

What's the best way to ignore an international money-laundering scandal that's allegedly revealed your link to $2 billion in off-shore accounts? Why yes, you get a new car. While information from the so-called Panama Papers is still being uncovered, Russian President Vladimir Putin's new Russian-made ride has been unveiled. Unlike US President Barack Obama's Cadillac-badged Beast, Putin's Kortezh will be available to any Russian that has the means. A total of 5,000 will be built in four different styles – limo, sedan, SUV, and minivan – although only 200 will roll off production lines next year, Sputnik News reports. Deliveries are expected to start in late 2017, while assembly will carry on through 2020, the Moscow Times reports. Commerce and Industry Minister Denis Mantrurov confirmed that Porsche has been brought in to help develop the Kortezh's powertrain. Whether that engine ends up being the turbocharged V12 we reported on way back in October 2014 isn't clear, though. Regardless of what's sitting under that long hood, we're betting it's going to be extremely powerful. Putin will likely take delivery of the Kortezh in 2017. Related Video: