Jesse Snyder

Porsche picks new r&d chief as suspended Hatz quits

UPDATED: 5/3/16 10:15 am ET - adds statement

Porsche AG's supervisory board has appointed Michael Steiner as new head of r&d, replacing Wolfgang Hatz who will leave the sports-car maker at his own request.

Hey! Keep eyes on big picture

When similar monthly sales numbers start getting as monotonous as driving through west Texas, it's time to focus on the big picture.

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