Volkswagen Changes Porsche Politics
Volkswagen is really working on the restructuring plan for Porsche. After all the details of the merge will be settled, the German automaker wants to make a “massive U-turn in Porsche’s product plan”. The fans of latest Cayenne SUV and Panamera sport sedan should hurry up and purchase the last vehicles before their production stops completely. Volkswagen agrees with some critics saying that the small sport-carmaker has damaged its reputation staring building heavyweight off-roaders and sedans...

2009 Frankfurt Auto Show: 2010 Porsche 911
Porsche is going to Germany with two editions of the 911 model: 911 Turbo and renewed GT3 RS. Both of the vehicles are claimed to have great fuel-efficiency, however, the actual numbers are kept in secret till the 2009 Frankfurt Auto Show. The 2010 Porsche 911 Turbo has a 3.8-liter flat-6 boxer engine which outputs 494 horsepower and delivers 516 pound-feet of torque. The manufacturer is proud to point out that the CO2 emissions in the new car are reduced by almost 18 percent. A lot of option features...

Volkswagen outlines terms of planned merger with Porsche | detnews.com | The Detroit News
Europe's biggest carmaker, Volkswagen AG, will acquire a 42 percent stake in sports car manufacturer Porsche AG this year as part of a plan to merge the feuding carmakers by 2011. The deal, announced by Volkswagen on Thursday, ends a long takeover fight that had pitted the descendants of Ferdinand Porsche against each other. "Volkswagen and Porsche today took a decisive step toward a joint future," Volkswagen CEO Martin Winterkorn said in a statement. "As a group with now 10 strong, independent brands...

Wiedeking Is Leaving Merging Porsche
Porsche and Volkswagen merge is finally done and there is no more doubt that since now the two companies will work together. The results of the merge changed the head of the Porsche. Wendelin Wiedeking who felt very confident and did not plan to leave the company till his contract expires in 2012 had to retire. After 16 year career as the Porsche CEO and after raising the auto company from bankrupt position to being one on the world’s most respected brands, Wiedeking left with a severance package of...

Wiedeking Is not Giving up Porsche
Wendelin Wiedeking has been Porsche CEO since 1993. During these years he has done a great job: led the company from being a bankruptcy candidate to the status of the world’s most profitable automaker. Until the economic crisis Porsche was on top of success. Lately Wiedeking has been accused to leading the company to a huge debt of more than $12.7 billion in attempt to avoid the merge with Volkswagen. Porsche CEO has been fighting fiercely against the united companies. Wiedeking was raising funds...

Porsche CEO steps down, making way for VW merger | detnews.com | The Detroit News
-- Porsche chief executive Wendelin Wiedeking is leaving the luxury sports car maker after 16 years at the helm, a move widely expected to clear the way for a merger with Volkswagen AG. The board for Porsche Automobil Holding SE said Thursday that Wiedeking, 56, and chief financial officer Holger Haerter, 53, were leaving with immediate effect from the heavily indebted company that makes the 911, among other models. The move -- along with the announcement that Porsche will seek to raise funds, possibly...

2010 Porsche Panamera
For Porsche, the 911 has been both a blessing, and a curse. A blessing in that it has seems to have transcended the usual automotive evolutionary process; a curse in that the car still, in many ways, defines the entire company. Porsche has attempted to break the mold numerous times over the past three decades -- remember the 928, and the 924/944/968? But until the Boxster -- a clever product development by former R&D chief Horst Marchart that delivered two cars the 996 edition 911 and the Boxster --...

Porsche reveals second generation GT3
Porsche has revealed its second generation of the 997 series 911 GT3 which will be more powerful, faster and even more refined when it goes on sale in Australia late this year.In developing the most sporting and dynamic road-going 911 with a normally aspirated engine, Porsche has focused efforts on two key areas: performance and dynamics. Porsche’s proven six-cylinder naturally-aspirated engine now develops maximum power of 320kW up 15 kW over its predecessor which is achieved by an increase in...

Porsche 911 Carrera and Targa 4 Sports Exhaust System
The engineers of Dr. Ing. h.c. F. Porsche AG, Stuttgart, have developed a new sports exhaust system for the latest generation of the 911, available as an option on new models as of February 2009. This special exhaust gives the customer the opportunity to adjust the 911 to his individual, personal preferences also in the car’s particular sound: At the touch of a button the exhaust system switches over to a sporting and emotional sound generated in particular whenever the driver prefers a truly...

Porsche makes required bid for Sweden's Scania | detnews.com | The Detroit News
BERLIN -- Porsche SE has made a mandatory takeover offer for Sweden's Scania. Monday's move is required by law after Porsche took indirect control of the truckmaker earlier this month. But it is making clear it is only going through the motions and has no "strategic interest." Porsche said earlier this month that Swedish law required it to make an offer for Scania after it upped its holding in Volkswagen AG to more than 50 percent. That gave it indirect control of the truckmaker. Volkswagen controls...