Porsche

Porsche extends contract of production boss

May 27, 2015 06:01 CET

Porsche has extended the contract of its production and logistics boss, Oliver Blume, by five years. Blume is a former head of global production planning at VW who started his career at Audi.... Read More »

Dealers can't even touch some hot brands

12:01 am U.S. ET | May 25, 2015

Buying a luxury German-brand dealership isn't easy. Just ask dealer David Slone. His three-year, as yet unsuccessful search shows how difficult it is to acquire an in-demand brand.... Read More »

Porsche recalls 918 Spyder on cooling system risk

12:05 pm U.S. ET | May 22, 2015

Porsche today launched a precautionary worldwide recall of its 918 Spyder plug-in hybrid sportscar, which can cost up to $937,000, saying a carbon fiber part could damage the cooling system and needed to be checked.... Read More »

DETLEV VON PLATEN, CEO, PORSCHE CARS NORTH AMERICA

Porsche's U.S. boss prepares for more growth

12:01 am U.S. ET | May 18, 2015

Porsche's U.S. CEO expects this year to reach the brand's target of selling more than 50,000 vehicles in the U.S. The increased sales aren't enough to justify U.S. production. But Porsche does have plans for more U.S. dealerships and higher expectations of its dealers to go along with the growth.... Read More »

U.S. Boxster, Cayman to get 4-cylinders in '16

12:01 am U.S. ET | May 18, 2015

After more than 20 years, Porsche will bring a four-cylinder engine back to the U.S. in 2016. The U.S. will start getting four-cylinder Boxsters and Caymans in the middle of next year.... Read More »

Porsche zooms from 3 sales a month to 5,217

12:01 am U.S. ET | May 18, 2015

The new monthly sales record pushed Porsche's year-to-date sales up by 17 percent and added to the celebratory mood as the brand opened its $100 million U.S. headquarters and customer experience center in Atlanta on May 7.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies.... Read More »

Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group.... Read More »

Porsche SE plans car-connectivity investments

May 13, 2015 16:22 CET

Porsche SE, the controlling shareholder of Volkswagen Group, plans to use its cash to invest in car-connectivity technology as part of a push to expand its portfolio beyond the automaker.... Read More »

Christiaan Hetzner

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies.... Read More »

Porsche 911 plug-in hybrid decision to come this year

12:01 am U.S. ET | May 11, 2015

Porsche AG is considering whether to produce a plug-in hybrid version of the 911 sports car, and company leaders will make a decision later this year. Porsche CEO Matthias Mueller says plug-in technology will help save fuel and also boost vehicle performance.... Read More »

Porsche to give retailers a test track deal

12:01 am U.S. ET | May 11, 2015

Porsche dealers will get a special deal on booking track time for customers at the brand's $100 million Atlanta headquarters and test track in June. Porsche executives expect 30,000 visitors annually.... Read More »

Porsche takes it to the track in China

12:01 am U.S. ET | May 11, 2015

Porsche is building in China a small, one-mile race track for close to 25 million euros ($28 million). The track will allow Porsche owners to experience hard acceleration or feel the g-forces tug during a hard corner.... Read More »

Porsche U.S. chief: Raise customer satisfaction

12:01 am U.S. ET | May 9, 2015

Porsche has been at the top of many automotive customer satisfaction surveys. But that's not enough for US chief Detlev von Platen, who is calling for dealers and the company to improve their performance.... Read More »

Porsche's Atlanta center opens in June

11:30 am U.S. ET | May 7, 2015

Beginning in June, potential Porsche buyers can test drive the brand's cars and crossovers at the company's new $100 million US headquarters and customer experience center in Atlanta.... Read More »

M-B nabs the top spot from BMW in luxury race

12:01 am U.S. ET | May 4, 2015

With a strong April, Mercedes-Benz took over the top spot from BMW through four months in the tight U.S. luxury sales race.... Read More »

Porsche captive adds branded F&I products

12:00 pm U.S. ET | April 29, 2015

Porsche, Bentley and Lamborghini dealers in the U.S. are getting a new menu of F&I products to sell. Porsche Financial Services North America is introducing extended service contracts and other products bearing the Porsche name, plus F&I products for the Bentley and Lamborghini brands.... Read More »

VW Q1 profit rises 17% as cost cuts at core brand offset weaker Porsche, Audi earnings

April 29, 2015 08:56 CET

VW Group's first-quarter operating profit rose 17 percent, helped by cost cuts at the VW brand and a profit at Spanish unit Seat. The Audi and Porsche brands saw margins shrink on higher investments. The results provided VW with some respite after longtime Chairman Ferdinand Piech's sudden resignation.... Read More »

Piech, Wiedeking unlikely to testify in hedge-fund case against Porsche SE

April 27, 2015 15:20 CET

Hedge funds involved in a legal fight against Porsche SE seemed to score a victory when a German court asked 21 people, including former VW Chairman Ferdinand Piech and ex-Porsche CEO Wendelin Wiedeking, to testify. Most of the witnesses will likely assert their right not to testify.... Read More »

VW leadership crisis escalates as board members criticize Piech

April 24, 2015 15:39 CET

VW's leadership crisis is refusing to go away, a week after its warring chairman and CEO officially put aside their differences, sources told Reuters. Chairman Ferdinand Piech, who was forced to back CEO Martin Winterkorn April 17, asked Porsche CEO Matthias Mueller this week to be ready to replace Winterkorn, Der Spiegel reported Friday.... Read More »

Turmoil pushes Porsche chief to forefront of potential CEO race at VW

11:14 am U.S. ET | April 14, 2015

A rift between Volkswagen AG's two most senior executives threatens to create a power vacuum that's set to hasten the search for a new leader. Matthias Mueller, who oversees the Porsche sports-car division, may hold the best cards with his background in engineering and operational experience.... Read More »

Blue sky surges for German luxury brands

12:01 am U.S. ET | April 13, 2015

The values for German luxury brand dealerships in the United States are in the stratosphere, while some other brands are such poor prospects that the buy-sell market cannot even assign them a multiple. Those are some of the key findings in a just-released report put out by the advisory firm Haig Partners.... Read More »

M-B may take on TT, Panamera, report says

12:01 am U.S. ET | April 13, 2015

Mercedes-Benz may launch rivals to the Audi TT sports car and Porsche Panamera, a German auto magazine said. The two cars would be developed by the brand's AMG performance division, Auto Motor und Sport reported.... Read More »

Wolfgang Porsche backs VW chief Winterkorn after Piech's criticism

9:49 am U.S. ET | April 12, 2015

VW board member Wolfgang Porsche threw his support behind Volkswagen CEO Martin Winterkorn two days after his cousin and VW Chairman Ferdinand Piech publicly criticized the chief executive. The comments by Porsche indicates that Piech, who has spent almost 22 years at the helm of VW, nine as CEO, may be isolated within the supervisory board.... Read More »

'Experience the brand, drive the cars' heart of Porsche campaign

12:01 am U.S. ET | April 6, 2015

Porsche will launch a new brand campaign dubbed "Forever Amazing" in May that aims to highlight recent product introductions and new customer-experience centers, complete with test tracks, opening this year and next.... Read More »

Automotive News
Special Video Report
Nissan's Munoz: 'You grow or you go'

Nissan's Munoz: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
» Watch the Video
     
News by Brand