2006 Arctic Silver Metallic Porsche Cayman S Amazing Condition Single Owner on 2040-cars

Auto blog

eBay Find of the Day: 1981 Porsche 928 convertible by Carelli

The Porsche 928 was perhaps the consummate European GT of its day. With a powerful front-mounted V8 engine that grew in displacement as the model years went on, it was capable of eating up the miles at triple-digit speeds in great comfort for occupants. It was also an unusual beauty, with its sharp front and curved rear featuring innovative integrated bumpers.
Currently for auction on eBay Motors is one of the rarest 928s you're likely to find, in a handsome combination of Guards Red paint and tan leather interior, though we wouldn't mind a less-showy finish to the factory wheels. According to the seller, this car is one of eight 928 convertibles by Carelli Design, a firm that's still in business.
The auction claims that these cars were made in 1981 as a feasibility study between Carelli and Porsche for a possible production 928 convertible. The seller says he worked at the dealership where the car is said to have been originally sold $103,000. To remove the roof and hide the convertible top, there were significant changes made to the body and interior, including redesigned doors and a completely new trunk. As you can see in the gallery, when down, the top is completely hidden in a very factory-like fashion. When up, it looks slightly awkward, though (and we'd really like to see a rear three-quarter view to check out the blind spots).

Porsche considering turbo for new GT3 RS [w/poll]

Some automakers make one hardcore version of a sports car and are done with it. Or at least they make one at a time. Think Ferrari 458 Speciale, Lamborghini Gallardo Superleggera (or Super Trofeo Stradale or Squadra Corse) or Maserati GranTurismo MC. But not Porsche. It transforms the 911 into the hard-core GT3, the even harder-core GT3 RS, the you've-got-to-be-psychotic GT2 and the do-you-have-a-death-wish GT2 RS. The RS models take things to a further extreme, but what separates GT3 from GT2 models has traditionally been the use of foced induction: GT3s are naturally aspirated, while GT2s go turbo. But that could all be about to change.
According to the rumors making their round of the webosphere, Porsche is considering using a turbocharged engine for the next GT3 RS. The reason is that, as we all know, Porsche has already pushed the 3.8-liter flat-six in the existing GT3 about as far as it can go, and then some. And buyers expect not only a more bare-bones package with the GT3 RS, but also a bit of extra power.
Given that everything seems to be going turbo these days, the move might make some measure of sense, especially if Porsche wants to avoid with the GT3 RS the spontaneous combustion issues it faced with the GT3. But we can't help but wonder why, at that point, it wouldn't just skip the GT3 RS and go straight for the GT2.

Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid

Back 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.