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Former chairman Piech opposing his nieces' VW board nominations

Someone needs to option the rights to the Ferdinand Piech story for an HBO series, because it perfectly mixes the corporate intrigue of Mad Men with the family drama of The Sopranos. Plus there are some cool cars. In the latest episode, Piech isn't happy with Volkswagen's appointment of two of his nieces – Julia Kuhn-Piech and Dr. Louise Kiesling – to replace he and his wife on the automaker's supervisory board. The recently ousted chairman could try to stop them. According to German publication Bild, Piech thinks his two relatives lack the necessary automotive experience to serve on the board. Therefore, he suggests one-time Ford Premier Automotive Group boss Wolfgang Reitzle and former Siemens manager Brigitte Ederer to take the seats. However, a VW spokesperson told Automotive News Europe that there were no objections to the women's appointment, except for this story from Germany. Piech's nieces are already officially appointed to the VW supervisory board, and it's approved by the Braunschweig Local Court in Germany. His only real option to challenge them would be to file a lawsuit, according to Automotive News Europe. While the new appointees don't have their uncle's decades of history in the auto industry, they do have business experience. Dr. Kiesling has a degree in vehicle design from the Royal College of Art in London and is the managing director of an Austrian textile maker. Kuhn-Piech works in real estate sits on the supervisory board of German truck maker Man.

Porsche Australia price cuts in excess of $36,000 irks customers

Have you ever gone to the store, only to become irked after learning that the new [*insert widget here*] that you bought just last week has gone through a price drop? If you're particularly thrifty, even if it's only a couple of bucks, you probably brought in your receipt to see if the store would issue you a credit for the difference. Now, imagine that the widget in question isn't a minor purchase, it's a Porsche - and the price drop isn't just a few bucks - it's thousands.
That's the unhappy scenario that recently faced a number of Australian luxury car buyers and the uncomfortable conversation awaiting the German automaker. According to GoAuto, Porsche Australia recently whacked up to $36,000 off the price of its models in order to jumpstart sales Down Under - the Panamera range itself saw cuts between $5,500 and more than $36,000. The aggressive price cut was a strategy designed to drive sales of more than 3,000 cars locally, a yearly goal originally set for 2018, but now hoped for as early as 2016.
Australia is known for its comparatively high car prices, so the dramatic price cuts were undoubtedly welcome news to potential Porsche shoppers. However, around 50 existing customers were understandably agitated by the reductions because they purchased their cars just before the adjustments took effect. Not only did they stand to lose out on the deals, they also had good reason to fear that their new cars' residual values would take a beating.

Petrolicious profiles a Porsche 911 hot rod called The Growler

Petrolicious always does a superb job of showcasing fantastic vehicles and their owners. While some of its videos might go a little too far into the personal stories rather than putting the cars on the road for some people's tastes, this latest one is an absolute feast for the senses. The vehicle featured is called "The Growler," and this Porsche 911 hot rod assaults its driver with a wall of sound. The coupe maintains only the tiniest amount of on-road civility to still be regularly usable. Boasting a roll cage and a set of racing buckets inside, The Growler certainly looks all business. An engine tune, suspension upgrade, and 400 pounds of removed weight are enough to turn this 964-chassis 911 into something really sublime behind the wheel, too. As the first air-cooled car for owner Alex Bermudez, he's definitely starting near the top. Filmed on some misty canyon roads, the white coupe roars around sounding more like a racecar than anything road legal, and Petrolicious perfectly captures the this Porsche as it's flung around the narrow path. You can see the rear end just begin to step out before Bermudez catches it. Inside, each shift looks like the movement of a rifle bolt to shoot the car forward. Listening to the engine build revs might be the best thing you hear today, so stop what you're doing and take a listen. Related Video: