Motor Werks Porsche of Barrington

As many Volkswagen/Porsche enthusiasts are already aware, approximately 49% of luxury automaker Porsche has been Volkswagen owned since the summer of 2009. And while VW had plans to acquire the other 51% of Porsche they don't currently own by the end of the year, they hit the brakes on the deal earlier this month, causing a ripple effect among European stocks.

However, the operative word here is "brakes". The deal isn't off…

The day Porsche fans have been waiting for has arrived. Matthias Mueller, CEO, Porsche has confirmed company plans to bring an all-new supercar into production. Aiming to annihilate the competition, namely the 458 Italia, the luxury German automaker is planning to situate the new model between the iconic Porsche 911 coupe and limited-edition Porsche 918.

The new Porsche supercar will be cost 250,000-400,000 euros ($360,000-$580,000). As you can probably tell…