1961 Porsche 356 1600s Roadster on 2040-cars

Auto blog

First-ever Porsche headed home to company museum

About 30 years before Ferdinand Porsche designed the Volkswagen Beetle, he created the Egger-Lohner electric vehicle, C.2 Phaeton model - or simply, the P1 - you see above. This was the first vehicle created by Porsche, and the car gets its nickname from the fact that he had stamped "P1" on many of the parts marking it as the first Porsche... sorry, 356 No. 1.
Now while you'd think that such an important piece of Porsche heritage has been in a museum or even the automaker's not-so-secret lair, it has actually been sitting at a warehouse for the last 112 years. Thankfully, that's all about to change as Porsche has recovered P1, and the car will soon be on "permanent display" at the Porsche Museum in Stuttgart.
The P1 has a 3 horsepower motor capable of delivering a top speed of 21 miles per hour and a driving range of 49 miles, and, like many vehicles in Porsche's history, the motor is positioned at the rear of the vehicle. According to the press release posted below, the P1 finished first in a 24-mile electric vehicle race in Berlin in 1899, but it has been sitting since 1902.

Production Porsche 918 Spyder images leak out of Chinese patent office

A few images of what looks to be the production Porsche 918 Spyder are here to say hello, courtesy of a patent office in China. If these provide an accurate look at what the hybrid supercar will look like, there are a few differences between it and the latest examples of the pre-production prototypes our spy shooters have seen.
The jerry-rigged turn signals inside the headlight enclosures and on the front fenders on the prototype are replaced with more polished units inside the headlamps located underneath the main beams. Behind that, the door handles have been swapped from horizontal latches on the door to vertical openings located just behind the door shutline.
We've also seen a Martini-liveried version of the 918 Spyder that has extra carbon elements that don't appear on this car. It was at the Nürburgring with carbon lips on the front fenders and another carbon element that hung from the rear fenders and ran down to the rear diffuser. When we saw the car on our Deep Dive piece, the front lips were gone but that rear piece remained, and we can't tell from the brochure and options sheet that we've seen so far what it comes with. The wheels from the concept and the green brake calipers, minus the polycarbonate covers, should be the standard fitment while the ten-spoke magnesium wheels will be a 29,750-euro (about $39,000 US) option.

Porsche's former CEO Wiedeking to stand trial over VW-share manipulation

Former Porsche CEO Wendelin Wiedeking (left in the above photo) could potentially be facing some time in the slammer after all. The last we had heard, he and former Chief Financial Officer Holger Haerter (right) had avoided a trial in April due to a lack of evidence. However, an appeals court in Stuttgart has looked at the case again and overruled the earlier decision, finding that the executives should be tried for share manipulation during Porsche's failed attempt to take over Volkswagen in 2008, Bloomberg reports.
The judges in the appeal "list numerous indications that could suggest that there was a hidden decision to increase the stake as they could suggest the opposite evaluation by the lower court," said Stefan Schueler, a spokesperson for the court, in a statement cited by Bloomberg. Wiedeking and Haerter put out their own releases saying that there was no merit to the charges.
The prosecutors allege that Wiedeking and Haerter had a plan to buy up VW stock options in 2008 to take the automotive giant over but hid it from investors. The whole thing was a massive failure and eventually allowed VW the chance to acquire Porsche and forced the two execs to step down. In addition to the criminal investigation, hedge funds have attempted to sue the company multiple times in civil court for the same reason, but they have repeatedly failed.