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Paul Walker's father sues Porsche

Porsche will reportedly face another wrongful-death suit in connection with the death of Paul Walker. This latest suit, according to USA Today, was filed by the late actor's father and the executor of his will. In the suit, Paul William Walker III claims that the Porsche lacked the safety equipment that could have saved the life of his son, actor Paul William Walker IV. The case dates back almost two years, to the day when Walker and his associate Roger Rodas were traveling in a 2005 Porsche Carrera GT. Rodas lost control of the car, which struck a lamppost and two trees on Hercules Street in Santa Clarita, CA. A fire erupted after the crash and both Rodas and Walker (who was riding in the passenger seat) were killed. The ensuing investigation determined that unsafe speeds were at fault, however grieving members of the deceased victims' families have launched a series of lawsuits – including several directed against the German automaker – in the aftermath. Walker's father previously sued the Rodas' estate over the ownership of a collection of cars estimated to be worth some $1.8 million. Meanwhile Rodas' widow Kristine has also filed a wrongful death suit against Porsche. And just this past September, Walker's 17-year-old daughter and heiress Meadow filed another wrongful death suit, also against Porsche. In response to the latter, Porsche spokesman Calvin Kim wrote to Autoblog: "As we have said before, we are very sad whenever anyone is hurt in a Porsche vehicle, but we believe the authorities' reports in this case clearly establish that this tragic crash resulted from reckless driving and excessive speed." This latest lawsuit filed by Walker's father alleges that the Carrera GT should have been equipped with stability control, reinforced doors, and a breakaway fuel line – features that, the plaintiff asserts, could have saved his son's life. According to USA Today, Porsche recently claimed in court that the vehicle in question had been modified and improperly maintained. Those factors could have led to the accident that claimed both Walker's and Rodas' lives. Walker was an actor who made his debut in television before appearing in movies like Varsity Blues, The Skulls, and Flags of Our Fathers. He will perhaps be best remembered, however, as the star in the Fast and Furious series – the most recent installment of which was completed posthumously with the help of his brothers and computer animation. The California native was 40 years old.

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.

Watch the incredibly complicated operation of Porsche's new targa roof

Despite Porsche having claimed the name, targa tops are nothing new. In addition to the semi-roofless version of the 911, plenty of cars in the past have used removable roof panels - the new Corvette Stingray has one (as have prior generations), and this type of open-air experience has been available on past vehicles like the Pontiac Solstice Coupe and Honda Civic del Sol.
But when Porsche took the top off its brand new 911 Targa here at the Detroit Auto Show, it was indeed cause for pause. Simply put, this is one of the most complicated and intricate electronic roof panel removal techniques we've ever seen, save perhaps, for the setup found on the Japanese-market Civic del Sol from the 1990s.
We won't spoil the video for you, but basically, rather than just the roof panel coming off, the entire rear glass area lifts away the body in order for the small section over the passenger compartment to slide back. This has to be incredibly expensive to repair once it inevitably breaks. And we highly doubt you'll be able to operate this mechanism at any speed.