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Porsche-Piech buy 10% stake in VW's holding company

In 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 GTS in track battle with 996 GT3

Here's your tough question of the day: Would you rather drive a new Porsche Cayman GTS or a slightly older, 996-era Porsche 911 GT3? Certainly, both cars have their plusses. The Cayman is the more modern proposition, sure, but the GT3 is, well, a GT3. So yes, it's a tough decision.
If you're one of the lucky souls that have to make that choice, then this video from Evo should prove pretty helpful. It's a track battle, starring Jethro Bovingdon with a new GTS and an old GT3.
Calling the GTS "fantastically agile" and "fast, but it's also hilariously good fun," Bovingdon bangs home a solid lap time of 1:05.2 before switching to the GT3. It's remarkable to see just how dated the 996-generation 911 looks after viewing the newer Porsche, and from where we sit, it's further proof that the old car's headlights are something that's best forgotten. Styling qualms aside, though, can the GT3 keep up with its racy younger cousin?

Porsche teams with Delta airlines to woo VIP passengers

The next time you're waiting for a flight at Hartsfield-Jackson Atlanta International Airport, see if you can spot a Porsche Cayenne or Panamera zipping between aircraft on the busy tarmac. The high-performance German vehicles aren't there practicing for an upcoming autocross; they are tasked with whisking some of the airline's most important customers between flights so they can keep their busy schedules intact.
Launched nearly two years ago, the program has proven popular with the automaker, airline and passengers as all benefit from the unique arrangement. Atlanta-based Porsche is able to showcase its cars to Delta's frequent-flying Medallion members, the airline is recognized for providing unusual perks to its high-value customers and those fortunate enough to be surprised with a quick lift are able to make connections without a stressful run through the terminal. Based on its success, the airline is rolling our similar programs in New York, Los Angeles and Minneapolis this month.
And don't think Porsche is the only automaker working with an airline to entice its frequent flyers. Mercedes-Benz ran a program over the summer that offered purchasing and leasing incentives to MileagePlus Premier members of United Airlines, and the two are currently shuttling top fliers around Houston's George Bush Intercontinental Airport in the automaker's S-Class and GL-Class models.