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2015 Porsche Macan Turbo

I knew it was a softball question, but I asked it anyway. It's pretty standard for automakers to offer up some examples of competitors when they invite the media to drive a new vehicle for the first time. If not stated outright, it's just as standard for some journalist to query about the competitive set as soon as the Q&A begins. I knew full well that Porsche believes it has a valuable new niche to itself with the 2015 Macan (and especially with the Macan Turbo), but I wanted to hear the answer to the competitor cars question anyway.
Porsche CEO Matthias Müller didn't hesitate for a second to respond. With a half-smirk appropriate to an executive that is about to launch the (very probably) most profitable and best-selling product in his brand's lineup he chuckled, "Of course, I could be arrogant and say this car has no competitors..."
Arrogant? Well, the grinning Müller certainly didn't give off a humble vibe as he proceeded to count down a list of German and British utility vehicles from various classes that are clearly behind the pace of the Macan in either looks, luxury, or sporting prowess - Range Rover Sport, BMW X3 and Mercedes-Benz GLK among them.

Paul Walker's daughter files wrongful death suit against Porsche [UPDATE]

UPDATE: This post has been edited to include a statement from Porsche. While police blamed the crash that killed Fast and Furious star Paul Walker and racecar driver Roger Rodas on excessive speed, Walker's daughter, Meadow, thinks Porsche is at fault. The 16-year-old has now filed a wrongful death suit against the German manufacturer to back up that allegation. According to legal documents obtained by E! Online, the suit alleges that the Carrera GT that Walker and Rodas died in "lacked safety features ... that could have prevented the accident or, at a minimum, allowed Paul Walker to survive the crash," with Porsche Stability Management being called out in particular. Federal motor vehicle safety standards didn't require new cars sold in the US to be equipped with electronic stability control until 2012. The suit focuses not only on the Carrera GT's lack of electronic safety systems and "history of instability and control issues," but on an allegedly defective seatbelt. It claims that upon impact, the belt "snapped Walker's torso back with thousands of pounds of force, thereby breaking his ribs and pelvis," and prevented him from exiting the car before it caught fire, roughly a minute and 20 seconds after the initial impact, according to TMZ. Soot found in Walker's windpipe supports the theory that he was alive and breathing when the fire started, the suit continues. Like the suit Roger Rodas' widow filed against Porsche in 2014, Walker's filing also alleges that the Carrera GT wasn't traveling at 80 to 93 miles per hour, as a police investigation concluded. But where Mrs. Rodas claimed the Carrera GT was going 55 at the time of the crash, this suit claims the hypercar was moving at 63 to 71 mph. That's a more manageable figure to be sure, and if true would have a serious impact on the way the car behaved, but it's still well above the road's posted 45-mph speed limit. "The bottom line is that the Porsche Carrera GT is a dangerous car," Meadow Walker's lawyer told TMZ. "It doesn't belong on the street. And we shouldn't be without Paul Walker or his friend, Roger Rodas." Porsche, meanwhile, has stood by the reports from the Los Angeles County Sheriff's Department and other authorities.

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.