2006 Porsche 911 Carrera 4s on 2040-cars

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Porsche's former CEO Wiedeking to stand trial over VW-share manipulation

Former Porsche CEO Wendelin Wiedeking (left in the above photo) could potentially be facing some time in the slammer after all. The last we had heard, he and former Chief Financial Officer Holger Haerter (right) had avoided a trial in April due to a lack of evidence. However, an appeals court in Stuttgart has looked at the case again and overruled the earlier decision, finding that the executives should be tried for share manipulation during Porsche's failed attempt to take over Volkswagen in 2008, Bloomberg reports.
The judges in the appeal "list numerous indications that could suggest that there was a hidden decision to increase the stake as they could suggest the opposite evaluation by the lower court," said Stefan Schueler, a spokesperson for the court, in a statement cited by Bloomberg. Wiedeking and Haerter put out their own releases saying that there was no merit to the charges.
The prosecutors allege that Wiedeking and Haerter had a plan to buy up VW stock options in 2008 to take the automotive giant over but hid it from investors. The whole thing was a massive failure and eventually allowed VW the chance to acquire Porsche and forced the two execs to step down. In addition to the criminal investigation, hedge funds have attempted to sue the company multiple times in civil court for the same reason, but they have repeatedly failed.

Porsche boss admits Panamera's style is offputting

"There have been some small mistakes and we will do it better. For example the design could be better." - Matthias Mueller.
The design of the Porsche Panamera has been divisive, to say the least. Pretty much any Porsche with four doors was going to draw the ire of enthusiasts, but the fast-back-style roofline, prominent curves and seemingly never-ending hood have particularly irked some brand loyalists.

2013 Porsche 911 Carrera 4S

I don't care who you are; when a new Porsche 911 rolls up in your driveway, that's a pretty good day. This was my very first experience with Porsche's 991 911, and after having spent time with just about every tune and trim of the last car, I was hotly anticipating comparing and contrasting.
Somehow (I don't remember sending out any cash-filled, unmarked envelopes) I'd scored a week in the 911 Carrera 4S over a long holiday weekend, too. That meant that I'd get to A) log a ton of miles in one of the best cars in the world, B) get to show-off the Porsche to family and friends and C) tempt cops in three states to pull me over. Good thing I've got the Autoblog traffic lawyer on speed dial...
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