Porsche

Porsche dealers looking to leverage posh new Atlanta experience center

12:01 am U.S. ET | Aug. 31, 2015

Porsche dealerships are hosting events at and sending customers to the Porsche Experience Center in Atlanta. That's exactly the kind of dealer buy-in Porsche's U.S. chief Detlev von Platen was seeking when he proposed the $100 million project.... Read More »

PHOTO ESSAY

Getting the luxury treatment at Porsche's Experience Center

12:01 am U.S. ET | Aug. 31, 2015

Porsche employees moved into the company's new $100 million U.S. headquarters in Atlanta in January. The integrated Porsche Experience Center, a test track and other attractions, were unveiled in early May. Now U.S. dealers are using the facility to entertain clients.... Read More »

Former Porsche communications chief charged with aiding market manipulation

Aug. 17, 2015 16:17 CET

A German prosecutor charged Porsche's former communications chief, Anton Hunger, with aiding market manipulation related to the purchase of Volkswagen Group shares, after dropping identical charges against Porsche's supervisory board.... Read More »

German prosecutors drop case against Porsche board

Aug. 14, 2015 18:20 CET

German prosecutors have dropped a case against members of Porsche Automobil's supervisory board, which includes Ferdinand Piech and Wolfgang Porsche, for suspected market manipulation. But they are still pursuing a separate case against Porsche's former CEO and CFO.... Read More »

VW to roll out high-end safety tech across lineup

12:01 am U.S. ET | Aug. 3, 2015

Volkswagen Group has long sold sensor-based crash prevention systems in high-end models from Audi, Porsche and Bentley. Last week, it showed the trickle-down effect in action as it detailed plans to roll out features such as adaptive cruise control, blind-spot monitoring and automated parking across the entire U.S. lineup of the Volkswagen brand for the 2016 model year.... Read More »

Mini, Subaru, Scion improve the most in J.D. Power APEAL Study

10:00 am U.S. ET | July 22, 2015

Mini, Subaru and Scion had the biggest improvements in J.D. Power's latest study of new-vehicle appeal. Porsche was the overall leader for the 11th consecutive year.... Read More »

Porsche will spend 1.1 billion euros to upgrade plants

July 15, 2015 12:22 CET

Porsche will spend 1.1 billion euros ($1.21 billion) through 2020 to upgrade its main production and research sites in Germany.... Read More »

VW rides hot Golf, Audi to 2nd straight monthly gain

12:00 pm U.S. ET | July 1, 2015

The red-hot Golf lineup drove Volkswagen of America to its second-straight monthly U.S. sales gain in June.... Read More »

Porsche labor chief joins VW board

8:41 am U.S. ET | July 1, 2015

Porsche's labor chief, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues.... Read More »

Porsche mulls legal action over Macan copy in China, report says

June 26, 2015 06:01 CET

Porsche may take legal action against Zotye Automobile over the Chinese automaker's T700 SUV that closely resembles the Macan, a report said. The T700 is due to launch next year at a price much lower than the Macan's.... Read More »

Ex-Porsche CEO Wiedeking faces more VW bid charges

June 22, 2015 15:19 CET

Former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter face more charges over the use of a controversial options strategy in Porsche's doomed attempt to take over Volkswagen in 2008.... Read More »

Porsche buys Kuka machine tool unit to enhance lightweight production

June 19, 2015 17:24 CET

Porsche has bought the machine tool unit of industrial robot maker Kuka to enhance production of sports cars amid a growing use of lightweight materials. The transaction may cost Porsche between 10 million euros ($11.34 million) and 25 million euros.... Read More »

VW Group to be revamped into 4 holding companies, reports say

June 15, 2015 09:46 CET

Volkswagen's corporate structure will be reorganized into a decentralized system with four holding companies for the group's brands, reports said. VW Group's 12 brands include Porsche, Bentley and Audi as well as the volume marques VW, Skoda and Seat.... Read More »

Porsche defeats Audi at 83rd Le Mans endurance race

June 15, 2015 12:32 CET

Porsche won the Le Mans 24-hour endurance race for the first time since 1998, defeating Audi, which triumphed in 10 of the 11 prior contests. Porsche's 919 Hybrid car took first and second places, while Audi's R18 e-tron came in third.... Read More »

Porsche, Audi, Nissan, Toyota hybrids battle at Le Mans

June 13, 2015 06:15 CET

Audi's R18 e-tron Quattro has won the Le Mans LMP1 race every year since the new hybrid powertrain rules were established in 2012, but this year it will face stiff competition from Porsche, Toyota, and Nissan.... Read More »

Fraud leads to loss of pricey Porsche

12:01 am U.S. ET | June 8, 2015

When a scam artist wrote a bad check, a dealership lost a $102,000 Porsche. It got the car back, but with 2,300 additional miles and $22,515 in depreciation. Here's a cautionary tale about what to do, and what not to do, when a customer wants to write a check for a car.... Read More »

Porsche's wealthy Chinese buyers choose less costly models

June 2, 2015 12:18 CET

Porsche’s wealthy Chinese customers are settling for less expensive models as a government crackdown on graft and conspicuous consumption slows luxury sales.... Read More »

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 »

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