2008 Porsche 911 Convertible Carrera S Nav on 2040-cars

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Toyota tops Kelley Blue Book's Resale Value Awards

Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:

Noted Porsche collector Magnus Walker learns what a TED Talk is firsthand

Porsche collector Magnus Walker has the name and looks of a Viking, but once he starts talking about his life story and what drives him, he's an absolutely fascinating guy. Walker recently gave a Ted Talk at a Tedx conference at UCLA and claimed he didn't really understand the idea behind the speeches. You would never know it, though. Walker is as gifted a speaker as he is a talented restorer of some seriously cool Porsches.
Walker's talk is titled "Go with Your Gut Feeling," and it amounts to his autobiography. He recounts his birth in England, dropping out of school at 15 and moving to the US at 19. Once in Los Angeles, he started selling second-hand clothes and grew it into a fashion business.
Of course, what makes him interesting to us is his passion for Porsches. He fell in love with them when he saw a white 911 as a child at the Earl's Court Motor Show in England, but Walker waited until the '90s to buy his first one. From there he started racing and eventually restoring them. Since the documentary Urban Outlaw about him was released, Magnus has become famous for the love of the brand.

2017 Porsche Panamera spotted barely disguised

Porsche is hard at work bringing the next generation of its Panamera to market. Its arrival will succeed a model that's been for sale now for over six years now (since 2009), having undergone a mid-cycle facelift as recently as 2013. What we have here in front of us could be our best look yet at the upcoming replacement model. Spied while testing in its native Germany, this barely disguised prototype looks just about ready to reach showrooms. Only a few select parts – namely around the lights (front and rear) and the rear side windows – appear to still be wearing any camouflage at all. So save for those few details, some additional brightwork here and there, and a proper polishing to give it that Porsche shine, expect the 2017 Panamera to look pretty much like the one you see here. It still looks very much like a Porsche, and very much like a Panamera, but thankfully softens the curve of the current model's controversial roofline. Like the outgoing model, the upcoming iteration of Zuffenhausen's four-door coupe/sedan is expected to carry a wide array of powertrain options, including gasoline engines, diesels, turbos, and hybrids. Just which one this particular example is carrying we don't know. But one way or another, buyers can expect improvements in both performance and efficiency once this new model comes around sometime early next year. We won't be surprised, then, to see it find its way onto the stage at the 2016 Geneva Motor Show next March, so watch this space. Related Video: