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$1.4B hedge fund suit against Porsche dismissed

Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.

Jay Leno plugs himself into Porsche's 918 Spyder

As one of the greatest sports car manufacturers of all time, when Porsche puts out a new, ultra-exclusive hypercar, enthusiasts tend to stand up and take note. Jay Leno is no exception, and now, the funnyman is finally getting his time with awesome 918 Spyder.
With his 1963 Porsche 356 and his 2005 Carrera GT flanking a Liquid Silver 918, Leno takes us through the basics of this plug-in hybrid roadster alongside Daniel Eastman of Porsche North America. Following the chat, Leno and Eastman take the German-plated car through the streets of California, testing it in a number of modes and even going on a short, all-electric freeway cruise.
If you're looking to learn more about the 918, or to just here its glorious gas engine at work, you'll want to scroll down and take a look at the latest episode of Jay Leno's Garage.

Singer 911 gorgeousness explored and experienced by Chris Harris

Few things get us as cranked up as a Porsche 911. Generation after generation, this rear-engined oddity has exhilarated our senses, and the new 991 is the most capable iteration yet. Even so, there's a lot to be said for the older models, from their lighter weights and more modest dimensions to their air-cooled thrums.
That elemental vintage Porsche appeal hasn't been lost on Los Angeles-based Singer Vehicle Design, which has endeavored to take the best bits from every generation of 911 and combine them into one impossibly sexy rear-engined machine. Based on a 964 donor car, we knew that a lot of work would need to go into everything from the structure to the bodywork to realize the Singer's cohesive aesthetic and dynamic vision, but we didn't know just how much until we watched this Drive video featuring Chris Harris. The auto journo gets time with the 350-horsepower, Cosworth-motivated coupe on both mountain passes and at the track, but what could be the most interesting thing about the 27-minute-long video is his in-depth plant tour.
Check it out by scrolling below, but not before paging through our new Singer 911 gallery.