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Porsche Exclusive showcases custom-order 911 Turbo Cabrio

Porsche is one of the most profitable automakers in the business. In fact, it's said to make about $23,000 on each car it sells, thanks in no small part to an options list that can send the sticker price accelerating quicker than one of its own sports cars. But there are always those for whom even the extensive option list won't be enough, and for just such customers, there is Porsche Exclusive.
The division in Zuffenhausen is tasked with creating even more individualized examples of Porsche vehicles, and it recently did up this 911 Turbo Cabriolet - which, at $160,700, is already one of the most expensive Porsches you can order this side of a 918 Spyder: more than any Boxster, Cayman, Macan or Cayenne, any Panamera other than a Turbo S or Executive - not to mention any other 911 short of a Turbo S.
This particular demo vehicle features a Slate Grey paint job and red interior decked out in more leather than an S&M dungeon - which, come to think of it, would probably be less financially painful than ordering up this car from Porsche Exclusive.

Porsche Panamera Turbo sets new Nurburgring record

The new Porsche Panamera appears to be the complete package. The new four-door sedan is finally good looking, has copious amounts of power, and has even become the fastest sedan around the Nurburgring. Porsche set a time of 7 minutes, 38 seconds in a Panamera Turbo, which just barely bests the Alfa Romeo Giulia Quadrifoglio by a second. The new Panamera Turbo features a 4.0-liter, twin-turbo V8 that puts out 550 hp and 567 pound-feet of torque. That's enough to get the sedan from zero to 60 mph in just 3.4 seconds (with the optional Sport Chrono package) on the way a top speed of 180 mph. The new record proves that the Panamera Turbo is quick around a grueling race track, as well. The Panamera Turbo's time around the Nurburgring puts it in the same breath as the Ferrari 458 Italia and Lexus LFA, while being an impressive 14 seconds faster than the previous Panamera. Related video: News Source: YouTube Porsche Performance Videos Sedan nurburgring lap record

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.