http://www.maxauto.co.za/CntView.aspx?CatID=26&CntID=830
The homes of Porsche SE ex-chief executive Wendelin Wiedeking and his former finance chief have been searched as part of a probe into suspicions of market manipulation, prosecutors said Saturday.
The Stuttgart prosecutors' office confirmed a report in Spiegel magazine that the homes of Wiedeking and Holger Haerter had been searched as a routine measure in the investigation.
No further details were available.
Porsche spokesman Frank Gaube said he could not comment on details of the investigation, but reiterated that the firm rejects the allegations.
Last week, Porsche confirmed that both Wiedeking and Haerter were being investigated by Stuttgart prosecutors in connection with the company's unsuccessful attempt to acquire larger automaker Volkswagen AG.
At the time, a spokeswoman for prosecutors, Claudia Krauth, confirmed that an investigation was under way into suspicions of market manipulation and passing on inside information. She declined to give any details.
Porsche's Stuttgart offices were searched last week and prosecutors seized documents.
Wiedeking and Haerter, who had championed Porsche Automobil Holding SE's failed drive to take over VW, stepped down last month.
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Audi to possibly unveil RS3 in Frankfurt
http://www.maxauto.co.za/CntView.aspx?CatID=26&CntID=831
Speculative, speculative, speculative....
Disclaimer: The model pictured in the main "photo" above is a Photoshop-enhanced image of an A3 TDI Clubsport Quattro Concept made to look like a prospective Audi RS3. The rest are of that same A3 TDI.
The article quoted here is from the Swedish edition of Auto, Motor & Sport, and they claim to have a source inside the Ingolstadt-based Audi who says the RS3 is coming soon.
Audi has not yet officially unveiled an RS3 but we can let loose our imaginations, can't we?
An RS3 will most likely come with Audi's 2.5 liter, 5-cylinder turbocharged engine first seen in the TT RS. That engine produces 250 kW and 450 Nm of torque. It will also be a strict quattro (all-wheel drive). The Swedish mag is also speculating that an RS3 variant of that engine may be dialed up a little and feature anywhere from between 220 kW to 295 kW, making the model faster than an R8 with the 4.2 liter FSI engine.
If there is going to be an RS3, the Frankfurt motor show next month would be the ideal place to premiere it and that's what the Swedes at Auto, Motor & Sport are saying.
Looks like we will just have to wait until then.
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Sportec Announce 298kW Upgrade for Audi TT RS
http://www.maxauto.co.za/CntView.aspx?CatID=26&CntID=832
Sportec is presenting a Stage One engine performance upgrade for the upcoming Audi TT RS.
Engineers took an analytical look at the new engine's data and saw an opportunity to for further performance enhancement. The result is the remapping of the ECU to increase both power and torque.
In standard form the little chilli chucker uses its turbocharged 2.5-litre five-cylinder to good effect for an output of 250kW at 5,400rpm and maximum torque of 450Nm at 1,600rpm. Exceptional figures by anyone's measure, but not Sportec's it would seem.
The tweaks have increased power to 298kW at 5,800rpm and torque to 544Nm at 2,650rpm. That makes it about as powerful as the previous-generation BMW M5 (E39) and as potent as the Porsche Panamera S. Performance numbers are 4.2 seconds for the 0 - 100km/h sprint, down from the standard 4.6 seconds.
More dynamic and styling upgrades are being developed at Sportec's base in Höri, Switzerland. If this is Stage One then we wait with bated breath for the next stage. The conversions are covered by a guarantee for the balance of the manufacturer's warranty.
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