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Porsche Panamera Sport Turismo returns in these spy shots

Way back in 2012, Porsche got enthusiasts all hot and bothered with the Panamera Sport Turismo at the Paris Motor Show. The concept imagined a hybrid wagon with a shapely rear end. Porsche said at the time production was "possible," but these spy shots indicate the vehicle is actually under development now. Take a close look through the gallery and you'll see that this test car sports some light camouflage at the back, but it does nothing to hide the new rump. Compared to the sedan, the longer roof looks to provide extra headroom for rear passengers, along with a few extra cubes of cargo space. The rear glass sits more upright, and a spoiler visually lengthens the five-door. The wagon's front end is identical to other recent spy shots of the future Panamera. We don't have any technical details about the wagon, but it would likely share powertrains with the sedan. The cabin layout would probably also be identical, including touch-capacitive controls to replace traditional buttons. A Panamera wagon makes sense in the Porsche range. The long-roof version would offer all of the sedan's performance but have a little more room. If a customer with a family doesn't want a Cayenne, this would be the obvious alternative, and the massive 911 range shows Porsche isn't afraid to build a bevy of model variants. If you think a Panamera station wagon seems odd, just remember people thought a Porsche SUV was weird, too. And, of course, that move turned into a huge success for the company. Related Video:

2014 Porsche 911 Targa

I've watched the electro-hydraulic roof panel open and close about 73 times in the past hour, but its fascinatingly complicated operation still has me mesmerized. I've concluded that only a German automaker - Porsche, to be more specific - would go through the trouble of engineering a roof system that essentially lifts the entire greenhouse off a vehicle, rearranges its components like a sliding-tile puzzle, and then reassembles all of them seamlessly (sans roof panel) to accurately recreate one of its most famed bodystyles.
The 2014 Porsche 911 Targa is a near-perfect modern interpretation of the automaker's 1965 911 Targa, a semi-convertible bodystyle that represents nearly 13 percent of all 911 models sold since production started 50 years ago. While the early car's roof was purely manual in operation - that's the period-correct way of saying that the driver did all of the muscle work - today's Targa is a completely automated transformation that requires only that the driver hold down a cabin-mounted switch for a mere 19 seconds to let the captivating show run its course.
After studying the Targa's elaborate roof operation at its launch at the Detroit Auto Show earlier this year, I was sufficiently intrigued. To that end, I traveled one-third of the way around the planet to southern Italy, hoping that the Mediterranean climate would reveal a bit more about the reintroduction of the automaker's iconic sports car.

Former Porsche CEO Wiedeking indicted over VW takeover bid

Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar manufacturer's ill-fated attempt to take over the much larger VW. That failed bid eventually resulted in the reverse coming true - VW swallowing Porsche.
The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."