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Former Porsche boss Wiedeking won't face criminal charges over VW bid

Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charges in December 2012. When those fund plaintiffs lost their most recent court case, one of the dimming lights in the dark and receding tunnel was that the criminal investigation might unearth more evidence about Porsche's actions that could help the plaintiffs in pending litigation.
Bloomberg reports that another light has gone out, though, with a Stuttgart court dismissing the market manipulation case before going to trial because, as a court spokesperson said, "there wasn't enough evidence backing up the charges." When prosecutors get the files back from the court, they have a week to decide to refile, but unless they've been sandbagging evidence that could bolster the case, the only lights at the end of the tunnel will be those welcoming Wiedeking and Härter back to the world of legally unencumbered men.

Porsche sells a $6,570 office chair

If you're in the market for a new seat and a Porsche fan, then the German company might have the chair of your dreams. Be ready to spend some serious cash, though. The Porsche Office Chair RS looks identical to what is in the company's vehicles, and Porsche promises the chair uses the same leather and Alcantara as in the sports cars. The brand's crest comes embossed on the headrest, too. Buyers also get the usual features you would expect from an office chair like adjustments to the seat height and armrests. There's also a jacket hook at the back. However, the coolest part is the electrically adjustable backrest with a rechargeable battery for power. If the Office Chair RS has one downside, it's the price. Porsche's website shows a list price of $6,570. If you shop around, that's a similar to what a Porsche 944 will set you back, and you can actually drive the 944. If you're looking for something slightly less expensive, Porsche also has a regular office chair that looks very similar to the RS but retails for $5,690, which still isn't much of a bargain, but is pretty cool nonetheless. Related Video: News Source: Porsche [1], [2] via YouTube Auto News Design/Style Weird Car News Porsche Performance Videos

'Latest production version' of Porsche 918 shown off on Twitter

Porsche posted a picture of what it is calling "the latest production version" of the 2015 Porsche 918 Spyder on Twitter. It looks like the gasoline-hybrid supercar is being driven sportively on some California back roads during Monterey Speed Week.
Whatever updates were made to this version aren't visual (except for the paint), as the one Chris Harris drove last spring and another seen hot-weather testing in Nevada both had production bodies. We presume the changes are relatively minor and more than skin deep - perhaps brake calibration, suspension tuning or tweaks to the powertrain - but Porsche didn't release any more information.
The 918 Spyder is Porsche's latest supercar, which will compete with the LaFerrari and the McLaren P1 hybrid supercars. The Porsche may be the underdog of the group when considering horsepower, acceleration, top speed and price, but the 887-horsepower brute has the most advanced hybrid drivetrain of the three.