1985 Porsche 911 Carrera Convertible 2-door 3.2 -117.5 K on 2040-cars

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Former Porsche boss Wiedeking won't face criminal charges over VW bid

Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charges in December 2012. When those fund plaintiffs lost their most recent court case, one of the dimming lights in the dark and receding tunnel was that the criminal investigation might unearth more evidence about Porsche's actions that could help the plaintiffs in pending litigation.
Bloomberg reports that another light has gone out, though, with a Stuttgart court dismissing the market manipulation case before going to trial because, as a court spokesperson said, "there wasn't enough evidence backing up the charges." When prosecutors get the files back from the court, they have a week to decide to refile, but unless they've been sandbagging evidence that could bolster the case, the only lights at the end of the tunnel will be those welcoming Wiedeking and Härter back to the world of legally unencumbered men.

Submit your questions for Autoblog Podcast #344 LIVE!

We're set to record Autoblog Podcast #344 tonight, joined by Doug DeMuro, author of Plays With Cars, formerly of Porsche Cars North America, and all-around swell guy. You can drop us your questions and comments via our Q&A module below, and we'll give them extra-diligent attention. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #344
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Video proof the Porsche 912 deserves a second look

The Porsche 912 suffered from a bad reputation for years as a lesser Porsche among the brand's ardent fans. Some people just didn't see the appeal of a coupe that shared the 911's lines but used a four-cylinder engine. The tide has started to turn recently as ballooning air-cooled 911 prices present these cars as an interesting alternative. The latest clip from Petrolicious also makes a great argument for the 912 by showing a Bahama Yellow example cruising along French roads. Like many of us, Antoine Gaslais had a tight budget and searched for years for his dream car. Things were more of a nightmare when he found his 1967 912, though. The coupe initially didn't run and then broke down once he thought it was fixed. A buddy eventually helped him get the Porsche back on the road. Gaslais knows his 912 isn't concours perfect, but that's not the point for him. Gaslais just likes to be able to cruise. Take a ride with him through some French hamlets in the latest from Petrolicious.