968 Porsche Cabriolet on 2040-cars
Fairview, Oregon, United States
Body Type:Convertible
Vehicle Title:Clear
Engine:Gas
Fuel Type:Gasoline
For Sale By:Private Seller
Used
Year: 1993
Number of Cylinders: 4
Make: Porsche
Model: 968
Trim: Concertible
Options: Leather Seats, CD Player, Convertible
Drive Type: Rear wheet
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 29,500
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Sub Model: Cabriolet
Exterior Color: Raspberry Red
Interior Color: Light Gray
Warranty: Vehicle does NOT have an existing warranty
1993 Porsche 968 Cabriolet with 29,500 miles. The second of six made for North America. Raspberry Red, Light Gray Leather, and Black Top makes this car one of one equipped this way. All services are up to date, timing belt replaced six months ago, tune up etc. All work completed by Steve's Imports in Portland Or. The car is Porsche Certified. The car also includes Navigation, Bluetooth, Ipod connections, extra speakers, and amp. Two sets of Porsche keys, Viper Alarm and all books included. Similar car seen in the movie The Specialist and Beverly Hills Cop 3. Chance to own and collect a very rare car
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Auto Services in Oregon
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Auto blog
Porsche-Piech buy 10% stake in VW's holding company
Tue, 18 Jun 2013In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.
Porsche Cayman GT4 speeds back into view
Tue, 18 Nov 2014We're all familiar with the succession of numbers that follow the letters GT on a hard-core Porsche 911: the GT1 that was Stuttgart's Le Mans contender in the late 90s, the GT2 that packs turbochargers but without the Turbo's all-wheel drive and excess weight, and the naturally aspirated GT3 that's the enthusiast's choice. But a GT4? That's something new, and exactly what Porsche has in store.
Spied testing in Germany once again is the upcoming GT4 version of the Porsche Cayman, set to supersede the existing GTS and take the place of the previous Cayman R at the top of Porsche's junior sports car range. This latest batch of spy shots doesn't show us much more than the last crop, but gives us a much clearer view at what promises to be the most hardcore Cayman to date.
As you can see, the Cayman GT4 packs a much more aggressive aero kit and rolling stock than any version we've seen to date. It's got a lip spoiler, big air dam and GT3-style vent in front of the hood, deep air scoops along the flanks, a set of spindly alloys packing oversized brakes, a diffuser with twin central exhaust tips around back and a rear wing that's likely to be replaced with a sleeker unit before the GT4 reaches production.
Porsche again staring down another $1.8B in hedge fund lawsuits
Wed, 15 May 2013The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.
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