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Former Porsche boss Wiedeking won't face criminal charges over VW bid

Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charges in December 2012. When those fund plaintiffs lost their most recent court case, one of the dimming lights in the dark and receding tunnel was that the criminal investigation might unearth more evidence about Porsche's actions that could help the plaintiffs in pending litigation.
Bloomberg reports that another light has gone out, though, with a Stuttgart court dismissing the market manipulation case before going to trial because, as a court spokesperson said, "there wasn't enough evidence backing up the charges." When prosecutors get the files back from the court, they have a week to decide to refile, but unless they've been sandbagging evidence that could bolster the case, the only lights at the end of the tunnel will be those welcoming Wiedeking and Härter back to the world of legally unencumbered men.

2019 Hyundai Veloster N vs. hot hatch rivals: How they compare on paper

The highly anticipated top-rung of the Veloster line, the 2019 Hyundai Veloster N, is on the verge of hitting dealers. And the company has finally dropped all the specifications, and perhaps most importantly, the car's official pricing that starts at $27,785. So you know what that means: it's time to see how it stacks up to the competition. The Veloster N falls into an interesting niche in the hot hatch world. It's the most potent of its model line, but it's not as powerful as vehicles such as the Civic Type R, Focus RS and Golf R. But it also doesn't have the price of those cars. As such, we decided to compare it with other sub-$30,000 sport compacts. We examined each car's power, fuel economy, size and pricing. You can see all the vital statistics in the chart below, as well as additional photos and analysis after that. As always, specifications only tell so much, so be sure to check out our detailed reviews of these cars. Also be sure to check out our comparison tool if you want to compare these with other models. Engines, transmissions and performance Three of these cars are impressively close in output, and one is, well, not. The Veloster N Performance Pack is the clear horsepower champion with 275 ponies. Second place for power is almost tied, with the Focus ST's 252 horses edging out the standard Veloster N's 250. The Focus ST also boasts the most torque at 270 pound-feet. The GTI nearly matches both Velosters with its 258 pound-feet, but its 228 horsepower is far behind the Korean and American entries. The Civic Si lags far behind with just 205 horsepower and 192 pound-feet of torque from the only 1.5-liter engine here. The rest use 2.0-liter engines. 2019 Hyundai Veloster N View 47 Photos Every vehicle here sends its power to the front wheels, and three of the four do so exclusively with 6-speed manual transmissions. That means that if you don't want to work a clutch, your only option is the VW GTI. It offers a 7-speed dual-clutch transmission, which, like all VW Group dual-clutch units, is really smooth and fast. While the Civic Si is at the back of the pack in terms of power, it does make up for it somewhat with excellent fuel economy. It's capable of hitting 38 mpg on the highway, and city mileage is rated at a solid 28 mpg. The Veloster N is at the back of the pack here, with its highway mileage the same as the Civic's city economy. Its city fuel economy is just 22 mpg.

Import pickup truck-killing Chicken Tax to be repealed?

After over 50 years, the so-called Chicken Tax may finally be going the way of the dodo. Two pending trade deals with countries in the Pacific Rim and Europe potentially could open the US auto market up to imported trucks, if the measures pass. Although, it still might be a while before you can own that Volkswagen Amarok or Toyota Hilux, if ever. The 25-percent import tariff that the Chicken Tax imposes on foreign trucks essentially makes the things all but impossible to sell one profitably in the US, which lends a distinct advantage to domestic pickups. Both the Trans-Pacific Partnership with 12 counties and Transatlantic Trade and Investment Partnership with the European Union would finally end the charge. According to Automotive News though, don't expect new pickups to flood the market, at least not immediately. These deals might roll back the tariff gradually over time, and in the case of Japan, it could be as long as 25 years before fully free trade. Furthermore, Thailand, a major truck builder in Asia, isn't currently part of the deal, and any new models here would still need to meet safety and emissions rules, as well. Automotive News gauged the very early intentions of several automakers with foreign-built trucks, and they weren't necessarily champing at the bit to start imports. Toyota thinks the Hilux sits between the Tundra and Tacoma, and Mazda doesn't think the BT-50 fits its image here. Also, VW doesn't necessarily want to bring the Amarok over from Hannover. There is previous precedent for companies at least considering bringing in pickup trucks after the Chicken Tax's demise, though. The Pacific free trade deal could be done as soon as this fall, while the EU one is likely further out, according to Automotive News. Given enough time, the more accessible ports could allow some new trucks to enter the market.