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2015 Porsche Cayenne S

Oh, Porsche.
Just as the dust settles over the 911 GT3's no manual gearbox kerfuffle, the Germans have gone and yanked the yummy naturally aspirated 4.8-liter V8 from the Cayenne S and replaced it with a twin-turbo 3.6-liter V6. Is nothing sacred in Porscheland?
Perhaps not... but that's not necessarily a bad thing. After all, Porsche famously once said they'd never build a diesel, but when they did, it was actually rather stellar.

Porsche 911 goes up in flames at New York Auto Show

It was a bad day for the 2016 DUB Show Tour after a Porsche 911 Turbo associated with the tour caught fire ahead of its 2016 New York Auto Show dates. And yes, the entire fiasco was caught on video. It's not clear how the fire started, but reports from the scene and video footage show smoke pouring off the 911. Worryingly, the fire seems to have been inside the Jacob Javits Convention Center, after New York's NBC affiliate reported smoke "spewing" throughout the sprawling facility. Workers can be heard shouting to get away from the burning 993 while at least one brave soul attacked the flaming sports car with a fire extinguisher. Despite the seriousness of the video, an aftershot – shown above – from the guy behind the video, Instagram user Zuumy, shows that there doesn't seem to be that much damage on the surface. The car just looks very, very dusty and dirty. According to WNBC, the New York Fire Department hasn't received any incident reports about the fire. And while it's part of the show, there's no reference to a 993 911 on the DUB Show Tour's Instagram or official page. Bummer, we know. You can check out the video of the blaze below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

UPDATE: Porsche could raise its stake in Rimac, and Rimac weighs in

CLARIFICATION: An earlier version of this Reuters story said Porsche could raise its stake in Rimac to nearly 50%, but Rimac reached out to Autoblog to say that's not so. Here is a statement from Mate Rimac: "We have a very strong partnership with Porsche that is key for Rimac Automobili. Porsche is a shareholder in Rimac since 2018 with 15.5% ownership currently, accumulated over several rounds of investment. While it is true that we are discussing further expansion of this collaboration that will lead to increase of Porsche's stake in Rimac Automobili, some media have mistakenly reported that Porsche would take over 50% or nearly 50% of the company.   We are very happy that the partnership with Porsche will strengthen even further, but it is in the interest of both Rimac and Porsche that Rimac is a fully independent company. We are working with many car companies that are not our shareholders and there is a clear separation between shareholding and projects. It is very important to us that our industry customers have the peace of mind that Rimac is independent and that there is an "Information Firewall" between projects and shareholders (not only Porsche, but also Hyundai and others) - and this will not change. Confidentiality is very valued in the industry and one of the basics for collaboration between companies. Our shareholders are happy with such an arrangement and expect the same level of professional behaviour and confidentiality for their projects and customer projects.   So, the point is: Porsche's stake will increase but nowhere near to 50% and Rimac will remain independent with many industry customers that are not our shareholders/investors." The original story, with the 50% reference removed, appears below.   FRANKFURT — Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million), its owner Mate Rimac told weekly Automobilwoche. The fundraising should be completed in two to three months and another round is planned at the end of the year, Rimac told the trade journal. Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake in a deal that would also include the transfer of Volkswagen's supercar brand Bugatti to Rimac, Automobilwoche said. Volkswagen and Rimac were not immediately available for comment on Sunday.