Porsche Automobil Holding SE’s supervisory board members and cousins Ferdinand Piech and Wolfgang Porsche are being sued by seven hedge funds that are seeking 1.8 billion euros ($2.4 billion) in compensation over damages they claim to have suffered as a result of the Porsche holding group’s failed 2008 attempt to purchase the Volkswagen Group.
In a sign that the 21st Century could belong to China after all, Porsche’s head of sales and marketing Bernhard Maier predicts that the United States will finish second on the podium to China as far as 911s and Macans are concerned by the end of 2014 at the earliest.
In early 2011, a class action lawsuit was filed against Porsche alleging that the company knowingly installed defective coolant pipes made of nylon into engines of Cayenne model SUV’s. Apparently, the pipes are very likely to fail prematurely resulting in serious engine damage. If the vehicle is out of warranty, customers end up spending big bucks to repair their engines and replace the coolant pipes. The replacement coolant pipes are made of aluminum. (Read More…)
‘Tis the season for year-end Top 10 lists celebrating and lamenting all things in the world of life, and the automotive industry is no exception. Ward’s Automotive has announced its list of the 10 best engines for 2014, and it’s a turbodiesel-intercooled festival of power this year.
As expected, the arrival of Mercedes-Benz’s sixth-generation S-Class provided a massive boost in sales just as Mercedes-Benz’s all-new CLA-Class arrived at the bottom of the lineup. Traditionally seen as the market leader, the S-Class has attempted to put aside all doubts by attracting more than 1900 U.S. buyers in each of the last two months. It’s popular.
Oh, Cayenne owners, you so crazy! And I should know — the $96,000 GTS 6MT above was briefly my company car way back in the day. I also had a plain “S” in 2004, although that proved to be so popular with a business partner of mine I wound up trading him for a Cadillac STS. Neither of the Touaregs-in-drag ever managed to spend more than a few months away from the loving embrace of our local Porsche dealer, so there was no third Cayenne in the plan. You know what they say: fool me twice, I won’t get fooled again.
But there are people out there who have found the Cayenne even more painful than I did.
“When,” I asked her, “did you realize that you, were, well, you know, an actual prostitute?”
“Well,” she said, rubbing her cigarette out in the waffle-patterned wrought-iron table, shielding her eyes against the sun as it set in the distance, “I’d been dancing for a while, and there was kind of a grey area there, you’d date a guy and he’d toss you some money to stay home from the club some nights, and then I started being less picky about the guys I’d let cash me out, if a guy was decent-looking he didn’t have to necessarily be my boyfriend. And then I had a friend who did a few parties from time to time, bachelor parties and stuff, and I went with her, and it was good money. And you get used to the idea that you can make five hundred or a thousand bucks really easy. So I stopped dancing because that was getting in the way of my ability to do parties.”
“And, I started taking calls to hotels in Beverly Hills. And one night I was on my way back from one of those and a guy in a nice car pulled up and offered me three hundred bucks for a quick date. It was bonus money, so I took it. Well, I went back to that street on a night when I wasn’t going to a hotel.” She frowns and looks down at the table for a moment before continuing. “So I’m out on the street, and I’m talking to a guy, and all of a sudden there’s a cop car there and they’re cuffing me, and I’m asking what’s going on, and they say I was soliciting, and I asked what they meant, and they said streetwalking, and I’m all, like, you have me confused with somebody else, I’m not a whore, I’m not a hooker, you know?”
Her hands flutter and she takes a sip of her soda, then she looks me square in the eye, level, expressionless. “Except, it turns out that I was.”
Over an uncharacteristically lazy Labor Day weekend, I found myself chatting with Derek Kreindler about subjects near and dear to the apex of TTAC’s masthead: semiotics, the musical oeuvre of John Mayer, and – briefly – automobiles. Given my mild disappointment with Porsche’s newest mid-engined cars, he suggested a Porsche 911 GT3 from the 996 generation, pronouncing it “certified badass.” I protested that they were quite rare, and I’d never had the opportunity to drive one, but I’d check local listings to pacify him. Lo and behold, there was a Speed Yellow example on a used car lot less than 10 miles away from me. I called and confirmed that the car was still available; I could test drive it provided I arrived at the dealer within 30 minutes. I was out the door before the receiver went dead. (Read More…)
Expected to become the automaker’s best selling model just as surely as brand purists decry it as another example of the company abandoning its sports car roots, Porsche introduced the brand’s first compact CUV, the Macan, the firm’s fifth distinct model. The little crossover will compete with vehicles like the Range Rover Evoque.
Want to feel the wind rush through your hair as you turn the wheel in anger? Then Porsche has what you need in the form of the 911 Turbo and Turbo S cabriolets.
I’ve always respected but never quite been a fan of P.J. O’Rourke’s favorite AENSC, the Porsche 911, but our Editor in Chief pro tem is indeed a fan of that car, or at least of the classic air-cooled variety, if not the more recent versions (or, for the matter, the company that makes them). Hence, last summer when I saw that the Concours of America at St. John’s had, as two of its judged categories, Porsche 911 Early 1963-1978 and Porsche 911 Late 1979-2013, celebrating the 50th anniversary of the Porsche icon, I knew that I’d be able to get lots of photos of 911s powered by boxers bereft of wasser for the EIC’s enjoyment and yours as well. The cars pictured here span almost the entire 1963-1997 run for the air-cooled 911. The oldest one pictured here is a 1964 Cabriolet prototype, one of two extant 901 prototypes (the car was renamed before it went on sale to avoid a conflict with Peugeot, who objected to the three digit name with zero in the middle). The youngest is a 993 Targa from 1997, the final year for the air-cooled 911.
In addition to the street-going 911 cars, I’ve also included photos of some other significant air-cooled Porsches, Peter Gregg’s 1977 Brumos Porsche 934.5, which won the Trans Am championship that year, sort of, and a 1964 Porsche 904, the midengine car Porsche built to go sports car racing in the mid-1960s, also known as the Carrera GTS, and a 906, which was developed from the 904. (Read More…)