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Porsche-Piech buy 10% stake in VW's holding company

In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.

Behold the glory of unobscured Porsche 911 Turbo bumpers

Porsche apparently sees absolutely no reason to hide the changes for the 911's upcoming refresh on any of the models. After releasing official photos of the standard version ahead of the debut, here are the Germans testing the revised 911 Turbo S at the Nurburgring with no camouflage at all. The exterior tweaks are tiny enough that maybe the company thinks no one would notice. The front bumper receives tiny adjustments, including the LED lights lengthened in the lower air intakes. The headlights are also slightly tweaked, and the taillights are the wider units from the rest of the updated range. The rear bumper receives some restyled vents at each corner, as well. The standard 911 is rumored to receive a new family of smaller displacement, turbocharged flat-six engines as soon as this year's Frankfurt Motor Show, and that leaves the Turbo in a weird place. Forced induction holds a special place in the model's lineup by denoting some of the most powerful versions. With that exclusivity possibly on the way out, Porsche might now have to find a way to keep the Turbo badge special. Related Video:

Porsche 911 going all-turbo this year save for GT3 and GT3 RS

The coming Porsche 911 GT3 RS will represent another high-water mark for the brand, and another milestone. Its 500-or-so horsepower and extreme aero are predicted to lop more than five seconds off the 7:20 Nurburgring lap time of the current GT3, making it "comfortably less" than 7:20. Beyond that, its naturally-aspirated 3.8-liter will form the basis of the turbocharged engines going into the standard range of 911s later this year as 2016 models. That's right – if you're looking for a sub-GT3 911 that gulps its air without compressed assistance, then you've only got a few months to get a new one into your garage. Emissions regulations are the reason, of course, with Porsche's R&D chief Wolfgang Hatz saying that, "Every new model will have lower CO2 than before," and "if you look at euro per g/km, then it's turbo." We don't know what the engine lineup will look like, however; a few months ago Car reported that the base 911 would get a smaller-displacement version of the engine, while the S would stick with 3.8-liter displacement and jump to 520 horsepower, which is the same as the current Turbo. After that, Hatz said, "at the end of the decade electrification has to be the next huge step." That means a hybrid 911 is being cooked up somewhere. Yet even as the brand leaps into the new, there's a chance it could dip a toe back into the old: the 911 GT3 RS will launch with a PDK, but Hatz's team is considering adding the option of a seven-speed manual. Elsewhere in the range, the Cayman GT4 is being engineered by Porsche Motorsport as an entry-level racer, with more power than the current Cayman GTS to go with some serious weight loss. They are also developing a track-only model for privateers. The standard Boxster and Cayman will get turbocharged flat-four engines, but there'll be a sporty Boxster that also loses weight and gets more power than the 325-hp Boxster GTS. And that mid-level supercar that's been floating in the ether for years and supposedly sent to purgatory again just last November? It's on the way by 2020 "at the latest," and will use a version of the new V8 that will eventually go into the Cayenne and Panamera. Featured Gallery 2015 Porsche 911 GT3 RS: Winter Testing Spy Shots View 13 Photos News Source: Top Gear, AutocarImage Credit: CarPix Green Porsche Emissions Convertible Coupe Hybrid Luxury Performance Supercars porsche 911 gt3 wolfgang hatz porsche supercar