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Porsche and Piech families bury the hatchet, will probably be dug up again... Dr. Wolfgang Porsche, the head of Porsche Holding, and Porsche's group works council chairman Uwe Huck took time to answer Porsche staff questions about the impending takeover of VW. It appeared to go well enough: Wolfgang said the Porsche and Piech families met, and Ferdinand Piech, the head of VW, "clearly stated that he unreservedly supports the course of Porsche Automobil Holding SE in all points and is fully and entirely behind the chairmen." It was also said that Piech did not support the... Article added: 2008-12-04 15:19:06 Article Views Rating: 140
Porsche Museum to open its gates on 31 January 2009 The final arrangements are being done for the opening of the new Porsche Museum on the 31st of January 2009. The scaffolding has be removed at long last and it is now feasible to view the whole expanse of the daring architectural structure of the edifice, across the head office area of Dr. Ing. h.c. F. Porsche AG in Zuffenhausen, the well-known town of Stuttgart, in Germany, that has been the home of Porsche since 1950. Three reinforced concrete support carries the 5,600 square meters of exhibition... Article added: 2008-12-02 10:58:54 Article Views Rating: 131
2010 Porsche Panamera auto show debut delayed A 2009 Detroit Auto Show debut for the Porsche Panamera? Of course not - Porsche dropped out of Detroit last year before Rolls-Royce, Ferrari, Mitsubishi, Suzuki and Nissan knew what was up. Then good ol’ 2009 Geneva Motor Show would be perfect for the Panamera to show itself to the public. Wrong again; Porsche has announced that its brand new four-door will make its auto show debut at the Shanghai auto show in April instead of Geneva, as originally planned.Why the switch? Porsche feels that its... Article added: 2008-12-02 10:58:49 Article Views Rating: 154
Spy Shots: 998 Porsche 911 The next Porsche 911, the 998, is doing the rounds on German public roads. By the looks of it, the headlights are more vertical than the current model, and based on what's covered, the front and rear bumpers and valances will see the majority of the work. Intriguingly, the side mirrors on the car are from the 993, which we imagine are for testing purposes only. If the lower rear valance is any indication, the exhaust outlets could come in for revision, as well. [source] Article added: 2008-11-28 08:53:57 Article Views Rating: 138
Porsche backing off from taking majority stake in VW this year Looks like Porsche won't be feasting on more shares of VW for Thanksgiving. Porsche has apparently decided to postpone its move to buy a majority stake in Volkswagen due to the global economic crisis. CEO Wendelin Wiedeking said he still wants that 75% share of VW, but that it's just too difficult at the moment. It doesn't help that VW shares are trading for "economically ridiculous" prices according to Porsche finance chief Holger Haerter. Porsche shares are trading at 57.261 euros, while VW was up... Article added: 2008-11-27 08:21:34 Article Views Rating: 157
Porsche Says Taking Over VW Was About Preserving The Future Largely overlooked in the Detroit Big Three death watch/three-ring circus has been one of the most incredible examples of clever stock trading in modern history. And it happened at a car company.Last month, Porsche surprised the world by announcing it had acquired a nearly 43% stake in Volkswagen with an option to buy 32% more. Without anybody noticing, wee little Porsche, maker of scarcely 100,000 cars a year, had cornered a 75% position in VW, which cranks out nearly 6 million vehicles.Porsche's... Article added: 2008-11-26 06:44:20 Article Views Rating: 142
Panamera Palooza: 28 Additional Shots Slip Out Of Porsche HQ Three-quarters of a year prior to market launch, Porsche has released the first official photos the new Panamera. Porsche’s unique four-seater was conceived and designed as a four-door grand touring sports car, combining numerous talents in typical Porsche style: sporting driving dynamics, a spacious interior, and the supreme comfort of a Gran Turismo. Joining the 911, Boxster and Cayman sports cars as well as the Cayenne SUV, the Panamera is Porsche’s fourth model series. The Panamera... Article added: 2008-11-26 06:44:20 Article Views Rating: 121
Porsche buys a Tesla Roadster for analysis Remember the electric-powered Ruf Porsche Cayman we saw last month? Well, the executives at Porsche weren’t to happy with the car and are rumored to be working on their own lithium-ion-powered prototype. And that’s where the American made Tesla Roadster comes in.According to a Tesla spokes person who spoke with Inside Line, “A Porsche senior engineer actually came over a few weeks back, and he was seriously analyzing the car in every detail.”Nonetheless, just like every other Tesla Roadster... Article added: 2008-11-26 06:44:19 Article Views Rating: 135
In the Autoblog Garage: 2008 Porsche Cayenne GTS Click above for high-res gallery of the 2008 Porsche Cayenne GTS Porsche makes sports cars backed by a rich tradition and race history. The thought of something wearing the badge that's also able to cart around your family and a load of their assorted junk was once laughable. Today, of course, that thought manifests itself in the form of the Porsche Cayenne. Even now, the idea of the Porsche SUV still seems wrong. Sure, the red Cayenne GTS in the Autoblog Garage has a spec sheet that looks exciting on... Article added: 2008-11-26 06:44:13 Article Views Rating: 126
Pics Aplenty: 20 new Porsche Panamera photos pop up online Nearly two dozen more photos of the Porsche Panamera have emerged following the first official pics that arrived late last week. The latest images show a rear-wheel-drive, 400-hp 4.8-liter Panamera S in graphite, an all-wheel-drive Panamera 4S with optional PCCB ceramic brakes in blue and the 500-hp Panamera Turbo in silver. We'll assume the Panamera Turbo, like the current 911 Turbo, will also be fitted with permanent AWD. The adaptive HID headlights, LED tail lamps and four bucket seats are also... Article added: 2008-11-26 06:44:12 Article Views Rating: 140 |
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