Porsche

VW's Q3 profit jumps on record Audi, Porsche sales

Oct. 30, 2014 10:37 CET
VW Group posted higher-than-expected operating profit in the third quarter, boosted by strong demand for Audi and Porsche models in Europe and China. Earnings rose 16 percent to 3.23 billion euros ($4.07 billion), VW said.... Read More »

 

Porsche's pain helps create in-demand consultancy

Oct. 25, 2014 06:01 CET
Porsche's experience of recovering from the brink of insolvency two decades ago to become a profit engine for VW Group has helped it with the development of a consultancy business that has a growing list of high-profile clients.... Read More »

 

918 Spyder nearly sold out, Porsche says

12:01 am U.S. ET | Oct. 20, 2014
Porsche's limited-run 918 Spyder is nearing sellout status. Production of the plug-in hybrid supercar's 918 promised units will end next July, and planned production is sold out through late March or early April, said Andre Oosthuizen, vice president of marketing for Porsche Cars North America Inc.... Read More »

 

Porsche expects to hit U.S. sales goal early

12:01 am U.S. ET | Oct. 20, 2014
Porsche will meet its goal of selling 50,000 vehicles in the U.S. in 2015 -- three years earlier than originally envisioned, says Andre Oosthuizen, the brand's top U.S. marketing executive. "We would foresee 2015 would definitely be the year to surpass that threshold."... Read More »

 

Porsche is first company to hire Vatican's Sistine Chapel

Oct. 17, 2014 11:41 CET
Porsche is the first company to host a corporate event in the Vatican City's Sistine Chapel after Pope Francis allowed the chapel to be rented out for private functions, with the proceeds going to charities working with the poor and homeless.... Read More »

 

Porsche plans diesel-powered Macan

12:01 am U.S. ET | Oct. 13, 2014
Porsche plans to introduce a diesel-powered version of its Macan crossover in the U.S. in a little more than a year. "We are now busy with the development and the engineering," said Andre Oosthuizen, vice president of marketing for Porsche Cars North America Inc. "I can confirm that V-6 diesel offering with about 245 hp."... Read More »

 

China may pass U.S. as Porsche's largest market

Oct. 9, 2014 10:13 CET
Strong demand for the Cayenne SUV may help China overtake the United States as Porsche's largest single market as soon as this year. Sales in China last month rose to 4,344, outpacing the U.S. by 737 vehicles.... Read More »

 

Toyota remains most valuable automotive brand

2:02 pm U.S. ET | Oct. 9, 2014
Toyota was named the best automotive brand worldwide for the 11th straight year, followed closely by Mercedes-Benz and BMW, in Interbrand's ranking of the 100 most valuable brands.... Read More »

 

2014 L.A. AUTO SHOW

Porsche adds 4 GTS variants to 911 lineup for 2015

6:00 pm U.S. ET | Oct. 7, 2014
Porsche, feeling the heat from such cars as the redesigned Chevrolet Corvette, is giving the venerable 911 a tune-up for 2015.... Read More »

 

Porsche rejects entry-level roadster -- again

12:01 am U.S. ET | Oct. 6, 2014
After thinking about it long and hard, Porsche has abandoned the idea of building an entry-level roadster.... Read More »

 

2014 Eurostar winner Martin Kahmeyer

Sept. 25, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest. Martin Kahmeyer, director of assembly at Porsche's factory in Leipzig, Germany, is this year's winner for Manufacturing Executive.... Read More »

 

Mazda ponders designer goods line in upscale push

11:42 am U.S. ET | Sept. 24, 2014
Does Mazda have enough brand cachet to market designer goods -- such as gadgets, apparel and furniture -- as luxury marques such as Porsche have done?... Read More »

 

VW, Ford, GM, Toyota dominate North American Car and Truck of the Year short list

12:05 pm U.S. ET | Sept. 23, 2014
Volkswagen Group of America has four vehicles in the running for North American Car and Truck of the Year awards.... Read More »

 

Porsche SE does first post-VW deal, buying 10% stake in traffic tracker Inrix

Sept. 12, 2014 17:05 CET
Porsche Automobil Holding bought a 10 percent stake in U.S. traffic information provider Inrix for $55 million, its first move to expand its assets beyond a controlling stake in Volkswagen.... Read More »

 

Porsche recalls some 918s for rear-axle problem

Sept. 11, 2014 11:44 CET
Porsche has recalled 46 of its 918 Spyders to fix a potential defect in the plug-in hybrid supercar's rear-axle components. The automaker said no accidents or injuries were reported in relation to the problem.... Read More »

 

AutoNation to buy 4 luxury dealerships in Seattle market

9:15 am U.S. ET | Sept. 10, 2014
AutoNation is expanding its footprint in the Pacific Northwest by buying four luxury-brand dealerships in the Seattle market that generate more than $350 million in annual revenue.... Read More »

 

Mercedes AMG-GT targets Porsche 911

Sept. 9, 2014 14:33 CET
Mercedes unveiled the AMG-GT, a new top-of-the-line sports car targeted at buyers of the Porsche 911. The car is powered by a 4.0-liter V-8 engine with an output of up to 510 hp. It will arrive at dealerships early next year.... Read More »

 

Porsche goes for faster and fuel-efficient

12:01 am U.S. ET | Sept. 8, 2014
Porsche is exploring other segments, including an entry-level roadster, a small sedan and a sports car that would slot above the 911.... Read More »

 

Porsche returns to Kenya to tap expanding economy

Sept. 6, 2014 06:15 CET
Porsche is returning to Kenya after a seven-year break as it seeks to take advantage of the country's expanding economy.... Read More »

 

Ex-Porsche CEO Wiedeking to be tried for VW share manipulation

Aug. 26, 2014 12:29 CET
A German court revived criminal charges against former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter involving a failed takeover of Volkswagen, saying prosecutors' findings indicate it "seems quite likely" the company hid its plan.... Read More »

 

Jay Leno: Hollywood 'car guys' are a joke

12:01 am U.S. ET | Aug. 18, 2014
You wouldn't believe how many people Jay Leno meets in Hollywood who haven't a clue about their cars and go through new Lambos and Porsches on a regular basis.... Read More »

 

Hybrids help supercars cut CO2

12:01 am U.S. ET | Aug. 18, 2014
Ultraluxury nameplates such as Ferrari, McLaren, Bentley and Porsche are opting for electric powertrains to help reduce carbon dioxide emissions from their supercars.... Read More »

 

POWERING FORWARD

Porsche's record sales could endanger exclusivity, tech leadership

12:01 am U.S. ET | Aug. 16, 2014
Sales are surging, but some industry watchers worry emphasis on volume could rob the brand of exclusivity and increase the danger of quality problems.... Read More »

 

EDITORIALS

Who's to blame for luxury vehicle gray market? Planning for trouble

12:01 am U.S. ET | Aug. 11, 2014
A booming gray market of mostly European luxury vehicles being exported from here to China is unnecessarily roiling the U.S. auto market.... Read More »

 

Porsche SE profits rise 17%; acquisitions planned

Aug. 8, 2014 06:01 CET
Porsche Automobil Holding posted a 17 percent rise in second-quarter after-tax profits to 1.01 billion euros ($1.35 billion).... Read More »

 

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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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