Porsche

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No, not LeMans... Not the local PCA track day. Porsche took top honors in a study of long-term vehicle dependability by J.D. Power & Associates. Toyota fell two spots to fifth- below Mercury and Buick... But, don't believe the hype.

Again, if you’re hung-up on the markets and making money, and think we’re profiting from such little plugs, don’t click here. Read-on if you think you’re cooler than the next guy (in a James Dean kind of way), like to spend money, like cars and hope to re-kindle the magic of a true, open air roadster in the purest, more expensive sense.

It's Sunday, and time to diversify. Have a read about the all-new four-door Porsche, the Panamera. Times are getting good again, right? We haven't seen something this exciting from Porsche since the 928. Will history repeat itself? You be the judge. It's Porsche's second, ever, sports sedan.

As disclosed two days ago, German regulators staged a raid at the office of German carmaker Porsche to determine whether the car company had been manipulating Volkswagen stock prices, leading to a massive squeeze and the eventual suicide of Adolf Merckle who lost a fortune on what allegedly may have been a Porsche orchestrated act. It seems the investigation is taking a turn for the serious, with Bloomberg reporting that today former Porsche CEO Wendelin Wiedeking and former CFO Holgar Haerter had their homes raided by investigators earlier in the day.

The world's formerly largest hedge fund, which had a luxury car maker subsidiary is about to meet its regulator maker, the BaFIN . Only took them about a year. Which is still one tenth the lag demonstrated by their US counterparts.

Porsche and VW can not stop playing "Dynasty," finally "do the nasty" and merge.

In the latest German episode of "Dynasty" Porsche and VW just may very well be able to do "the nasty" now and merge now once and for all...

The Porsche drama has morphed into a full blown tragedy: Porsche has until Monday to decide whether it is willing to accept what is essentially a firesale bid by Volkswagen and Lower Saxony for 49% of the company in exchange for €3-4 billion. As a result of the transaction, the two companies would merge, with the Piech and Porsche controlling a 40% stake, Lower Saxony owning 20%, Qatar 15%, and a separate state fund having a 5% stake.

The latest development in the Porsche-Volkswagen saga comes courtesy of German Manager-Magazin, which notes that Daimler is apparently in advanced negotiations to acquire a stake in the troubled luxury carmaker. It was still unclear what happened with the massive VOW options held by Porsche ahead of expiration today: as the company did not have the money to exercise them earlier, one can only hope that Porsche scrambled enough cash to at least roll the options.

Zero Hedge favorite soap opera extraordinaire is about to enter the final season. Porsche, which as we noted in the past doesn't have either the cash to exercise its massively profitable Volkswagen options, nor the cash to actually stave off bankruptcy for long, has bypassed the hedge fund investor rescue route completely (no surprise there) and instead is trying to sell an unknown stake (likely at least 25%) to the Qatar Investment Authority.

A report out of Reuters will be the final nail in all those shareholders who got caught with their pants down when Porsche announced its intention to "dominate" Volkswagen, which caused a insane squeeze when it became obvious there were not enough shares in the float to cover all the shorts.

One of the more notable market rumors from yesterday was Porsche's attempt to raise an additional €2.5 billion on top of the €10 billion it managed to scrape together in the eleventh hour at the end of March, the failure of which would have resulted in a technical default.

One of the more notable market rumors from yesterday was Porsche's attempt to raise an additional €2.5 billion on top of the €10 billion it managed to scrape together in the eleventh hour at the end of March, the failure of which would have resulted in a technical default.