Porsche

Volkswagen-Porsche merger questionable due to legal issues

The Volkswagen Auto Group (VAG) had originally planned to merge with Porsche Automobil Holding SE by the second half of 2011 but with massive lawsuits outstanding against Porsche, VAG may have to hold off on the merger until sometime next year – leaving Porsche SE scrambling to secure new investment options to carry the company until the merger occurs.

RUF Automotive producing electric Porsches for field tests

RUF Automotive, the German firm so adept at modifying vehicles they are considered a manufacturer, is developing electric Porsches for field tests this year. The vehicles will be produced in association with Seimens AG and adapted from 911 models. Data derived from testing will be provided the German Field Ministry of the Environment, who is sponsoring the trials.

Hedge fund lawsuit against Porsche dismissal appealed

In late December, a US District Judge in New York dismissed the multi-billion dollar lawsuit filed by Black Diamond Offshore and Elliott Associates LP against Porsche for the investing impact felt by their failed attempt to buy up a massive chunk of Volkswagen and not surprisingly, that dismissal has been appealed by Black Diamond and Elliot on the behalf of their 39 plaintiffs.

Falken Tire Partners with Walker Racing and ABC Will Broadcast Le Mans Series

Falken Tires of Fontana, Calif., has partnered with Walker Racing of Indianapolis, Indiana, for the 2011 American Le Mans Series. Falken is just coming off its first full-season championship effort in 2010. In related news, the American Le Mans Series will now be broadcast on ABC & ESPN.

Pages