1978 Porsche 930 911 Turbo 46,015 Miles on 2040-cars
Baldwin Park, California, United States
Body Type:Turbo Coupe
Vehicle Title:Clear
Engine:3.3 Turbo
Fuel Type:Gasoline
For Sale By:Private Seller
Number of Cylinders: 6
Make: Porsche
Model: 930
Trim: 2 Door Coupe
Options: Sunroof, Leather Seats, CD Player
Drive Type: Rear wheel positraction
Power Options: Air Conditioning, Power Windows
Mileage: 46,015
Sub Model: Turbo
Exterior Color: White
Warranty: Vehicle does NOT have an existing warranty
Interior Color: Tan
This is a well taken care of and well maintained 930 Turbo. I have owned this car for 33 years and I am the second owner. I purchased it from my business bank who repossessed the car. I was told from the Vice President of the bank that the car was purchased for the 1979 Cannonball Run and the owner made it from New York to Redondo Beach in 37 hours? I am not sure if thats fast or not, but it sound fast. Alway garaged and seen rain maybe 3 times. The motor has had Porsche recommend timing chain and adjuster upgrades also with cylinder head stud upgrades. This 3.3 intercooled turbo motor came with an adjustable waste gate, stainless steel headers and H-1 headlights from the original owner. I should say that this car is stupid fast and is not a kids car. Hit third gear and wave to everybody "Bye Bye". This car was designed for Groupe "B" racing. Most hoses have been replaced because of age. Just had all the brake calipers honed and rebuilt with new stainless steel braided brake lines. It stops so hard your eye balls will pop out of their sockets. Has new Bilstiens all around. Tires are newer Bridgestones Potenza all around. Clutch and throw out was replaced about 2,000 miles ago. Everything works. But the clock has issues. It works but doesn't keep accurate time and the A/C would work if it had the old R-12 Freon in it. Still has the original non-barrier hoses and weeps out all the refrigerant. This is a great car for the money. You'll be hard pressed to find another 930 in this great condition for any price. California buyers need to call or E-mail first before purchasing. Because of the headers their could be issues passing smog. I will show you how I have done it for 33 years, its easy. Call 626-484-7199 or E-mail rogergranger1@aol.com Will cooperate with your shipper and can hold for up to 30 days. But must be paid for in full.
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Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid
Mon, 03 Feb 2014Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.
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The overall changes do, indeed, look minor, with a reprofiled intake being the most obvious item. The headlights are still covered, so we don't know what kind of jeweling has been done, but the shape does appear identical to the current model. Overall, the changes appear totally in line with a mid-cycle refresh.
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The report does not indicate why Panamera production has been stopped - that the five-door's body is made at a separate location in Hanover, Germany. However pre-assembly will continue on these models. At full capacity, the Leipzig plant can produce about 450 vehicles per day, and it isn't clear how long this weather-related stoppage will last.