Steve McQueen’s Porsche Le Mans up for sale
Classic race cars once owned by Steve McQueen can fetch millions of dollars at auction and the latest car from his collection that’s up for sale is likely to continue the tradition. Last August a 1963 Ferrari Berlinetta Lusso once owned by McQueen sold for $2.31 million, and promoters of a 1970 908/2 Porsche race car driven by the actor in the 12 Hours of Sebring in 1970 and then again in the 1971 movie Le Mans are expecting an even greater sum for the car at the upcoming Bonhams & Butterfields...

Porsche denies Baby-Cayenne and 928 GT succesor
Porsche decided to expand the operations also in markets like China and Russia over the next 2 years and the company intends to hire more than 2000 new employees and to open many new dealers in both countries. Regarding new launches we have no news as the company’s officials give no comments about any new models to come, they only give details in the new Panamera sedan due to release next year.[source]

Porsche exec denies rumors of baby Cayenne and 928-sucessor
Porsche is planning to expand its operations considerably over the next couple of years by hiring up to 2,100 new employees and opening dozens of new dealers in emerging markets such as China and Russia. However, don’t expect to see any major model launches as the only car Porsche marketing exec Klaus Berning is willing to comment on is the new Panamera sedan due next year. Speaking with Auto Motor und Sport, Berning explained that executives haven’t discussed adding a smaller SUV model...

Nein! Porsche denies U.S. production of Cayenne
It didn't take long for Porsche to set the record straight about its rumored production plans for the Cayenne in North America. Speaking with Autoweek, Porsche spokesman Albrecht Bamler, refuted a report by Germany's Handelsblatt newspaper that the automaker planned to build Cayenne's at Volkswagen's new factory in the U.S. According to Bamler, there's no need to produce Stuttgart's uber-ute here in the States, since European manufacturers supply parts and Porsche is protected against the weak dollar by...

Update: Porsche denies Cayenne U.S. production plans
Update: Porsche has confirmed that it has no need to build its Cayenne SUV in North America and has no plans to do so at a later date. A spokesman for the carmaker has revealed that Porsche will be immune to the negative effects of a weak U.S. dollar though until 2013 due to hedging so has no reason to move its production. He also explained that Porsche outsources most of its components from suppliers based primarily in Europe. The original source, German newspaper Handelsblatt, said the Cayenne could...

2009 Porsche 911 to get HP Increase and a 7-speed Dual-Clutch Transmission
For some car companies, evolution involves making radical changes at regular intervals to their products in order to maintain their appeal. However, that's not the way it works at Porsche, whose notoriously fast cars get updated at a notoriously glacial pace, at least in terms of style, even while sometimes major advancements occur under the skin. Even so, the slight changes that will find their way to the iconic Carrera within the next year or so are not so insignificant as to make it past the watchful...

2009 Porsche 911 details leaked
New documents resembling official internal specification lists for the upcoming 2009 Porsche 911 range have appeared on a number of internet forums, revealing crucial details about engine outputs, a new dual-clutch transmission and optional features and electronics. The big news is the introduction of a new seven-speed dual-clutch transmission called Porsche Doppelkupplung or PDK for short. Other important changes include the introduction of a new set of direct-injection engines rated at 345hp in the...

Update: Lower Saxony blocks Porsche’s moves at VW
Update: At a board meeting held April 24th, the German state of Lower Saxony blocked a move by Porsche to reduce the required vote threshold for major strategic decisions at Volkswagen. Lower Saxony owns just over 20% of VW’s shares, and all major decisions for the automaker require an 80% approval of the shareholders, per the company’s by-laws. Porsche proposed to reduce the approval requirement to 75% - effectively eliminating Lower Saxony’s minority blocking privilege. But the vote...

Beijing Auto Show: 2009 Porsche Cayenne Turbo S unveiled
Porsche extended its third model line by the addition of the top of the range Cayenne Turbo S. The Turbo S, the most powerful Cayenne of them all, is driven by a 4.8 liter V8 engine with twin turbo forced induction, delivering 550 hp .[source]

Beijing 2008: Porsche unveils the Cayenne Turbo S
Click image for a hi-res gallery of the new Cayenne Turbo SPorsche says that Asian and Eastern European market demand for ridiculously high performance SUVs has resulted in a new addition to the Cayenne range. After a brief respite following the introduction of the current-gen Cayenne, the Turbo S moniker returns. With it comes more power, more torque, newly-available features, and a commensurate cost of entry.Updated engine management and a new exhaust system raise peak output to 550 horsepower and 553...