1984 Porsche 944 Red 30,800 Miles 2nd Owner Must Sell Always Garaged Kept ****** on 2040-cars
Bayville, New Jersey, United States
Body Type:2 door
Vehicle Title:Clear
Engine:2.5 L Four cyl.
Fuel Type:Gasoline
For Sale By:owner / private seller
Make: Porsche
Model: 944
Trim: Red
Options: Sunroof, Cassette Player
Power Options: Air Conditioning, Cruise Control, Power Windows
Drive Type: 5 speed, rear drive
Mileage: 30,800
Exterior Color: Red
Disability Equipped: No
Interior Color: Tan
Warranty: NONE
<h3>1984 Porsche 944 2.5l four cylinder. Starts and drives. The bearing on the water pump is making noise and will require the water pump to be replaced. It does no leak or over heat, just makes noise and needs to be replaced! I do not have the time at the moment to perform this repair, so it needs an owner with mechanical aptitude and skills. There are some small dings, one small area on the hood and a dent under the rear license plate area along with a scratch on the bumper.(see pic). Inside driver/passenger area is clean. The carpet in the rear cargo area has a stain on the left side corner from what I believe to be from nail polish. The auto antenna does not come up. The passenger side window does not work, but I will be looking into this over the next few days. AC needs to be charged. No rust outs, underside is very clean. Always garaged kept. Nice classic car for the money. I WILL NOT SHIP. I encourage buyers to see the vehicle in person also. Thanks for looking</h3>
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Auto blog
Porsche recalls new 911 models over exhaust pipe issues
Thu, 28 Feb 2013Porsche, though the National Highway Traffic Safety Administration, announced a voluntary recall on about 2,200 911 Carrera and Carrera 4 models built during the 2012 and 2013 model years. On cars equipped with the standard exhaust system it was found that the tailpipes could separate from the mufflers and become dangerous road debris; models that added the optional sport exhaust system are not included in this recall.
Affected vehicles were built between March and November of last year, but there have been no reports of the problem on any customer-owned vehicles. Porsche first noticed a cracked tailpipe weld on a test vehicle back in May, and since then has found similar problems on other internally owned vehicles, all with more than 25,000 miles on the clock. To fix the problem, dealers will be replacing the mufflers. Scroll down to read the official notice.
Former Porsche CEO Wiedeking indicted over VW takeover bid
Thu, 20 Dec 2012Do 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."
Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid
Mon, 03 Feb 2014Back 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.