“Nature is stronger than technology, and that I will show here,” said Michael, who has no doubt succeeded in displaying the power of nature that triumphs over even some of the most revered examples of man-made machinery.
Ferdinand Alexander Porsche, creator of the 911, head of Porsche Cars, has died. A sportscar most people can only ever dream of driving, yet even master it's full potential... Its cousin model the 935 won the LeMans in 1976. A marvel of engineering, built with a mid-rear engine, no other car debatably seems as gracious in elegance and as robust in power. Ferdinand Alexander Porsche creator of the 911, will certainly have touched many in awe, inspiration and confidence with his brilliant conception.
The American Journalism Review asks, is automotive journalism fundamentally corrupt? Car manufacturers pay for lavish trips and grant extensive seat time in their most desirable cars – in exchange for good reviews. Journalists who write critical reviews are blacklisted. Among the worst offenders is Porsche, who blacklisted journalist Jack Baruth after lukewarm (or simply balanced) print and video reviews of the Porsche Panamera in 2009. Since then, Baruth, who owns three Porsches, has taken to compiling lists of Porsche’s deadly sins (1, 2, 3, 4, 5, 6, but not 7), fabricating Porsche test drives, bashing fellow automotive journalists who he sees as being too soft on Porsche, and borrowing privately-owned cars in order to write reviews. Baruth writes mostly for The Truth About Cars, which guards the independence of its writers so fiercely that its reviews of the Prius, for instance, ranged from the unremittingly hostile to defensively positive to relatively balanced. But what about journalistic independence in mainstream outlets, which often rely on freelancers who simply don't have the funds to be functionally independent of car manufacturers, and which don't want to displease advertisers?
1979 .Belgrade. A white Porsche 911. A natural born driver. A brutal secret police force. The same city square every night for 2 weeks. The Belgrade Phantom - one hell of a story. [more inside]
The acquisition of Porsche by Volkswagen, just weeks after a Porsche attempt to take over VW via a series of complex stock options backfired, appears to be the latest salvo in the longstanding feud between cousins Ferdinand Piech and Wolfgang Porsche. [more inside]
Short selling is basically the practice of selling borrowed shares, with the intention of purchasing them back later at a lower price. It amounts to a placing a bet on the share value dropping, is a favoured move of hedge funds, and has been recently blamed for much of the current economic mayhem. However, when last Sunday Porsche tersely announced that, in addition to its 44% of Volkswagen's shares, it had secured 31% through cash-settled call options, the invisible hand of the market gave those short-sellers an atomic wedgie: Since the German state of Lower Saxony holds just over 20% of VW, Porsche's disclosure meant that, in fact, there were only 5% of VW's shares left on the market, whereas traders were shorting for about 13% of those shares. This set off the "Mother of All Short Squeezes". [more inside]
West Coast Classic Restoration specializes in restoring vintage Volkswagens and Porsches, and they have lots of photos of their restoration process.
Exotic Spotter "The beauty of an exotic is felt most when they are spotted on the streets, side-by-side with regular cars. . .Unfortunately, spotting an exotic is a rare occurrence. That's why this site brings together hundreds of exotic sightings from all over the world." [via mediareport posting on metachat]
Have a favorite vehicle? Looking for a late night, post-office party romp, well keep an eye out for the Spanish or Italian gent in his Porsche Boxter, or the Chesire lady in her Volkswagen Beetle. Be sure to stay clear of stick shifts and men from Southeast England.
This guy really wanted a Porsche Boxster... and he got one - life can be pretty sweet sometimes.
Chicago's Cardinal Francis George blessed a Porsche dealership yesterday. What do you think? Conflict of interest, or way to give back to a helpful business?