Porsche

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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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)....
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Check out the ANE e-magazine for August

Aug. 4, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at the potential risks and rewards facing Porsche as it strives to achieve global sales of 200,000 vehicles a year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity....
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ANE's August e-magazine goes live Monday

Aug. 1, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 4. This month's edition looks at the potential risks and rewards facing Porsche....
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Porsche is dropping base Cayenne

12:01 am U.S. ET | July 28, 2014
Porsche is dropping -- at least for now -- its base-model Cayenne, which had started at $50,595. That had put starting prices for Porsche's large crossover right in line with the brand's new mid-sized crossover, the 2015 Macan, which went on sale in May at a base price of $50,895....
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Porsche Cayenne to offer new twin-turbo engine, plug-in hybrid for '15

1:15 pm U.S. ET | July 25, 2014
The freshened '15 Porsche Cayenne will offer a new twin-turbo engine, a plug-in hybrid model, and prices that range from 3 to 11 percent higher, when it goes on sale Nov. 1 in the United States....
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Porsche importer buys former F1 circuit in South Africa

July 25, 2014 14:21 CET
Porsche South Africa has bought the 72-hectare Kyalami racetrack, which hosted F1 races between 1967 and 1993, for 205 million rand (14.5 million euro) at an auction....
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Ticket to Automotive Hall of Fame: Great ideas, staying power, impact

12:01 am U.S. ET | July 21, 2014
This year's Automotive Hall of Fame inductees -- Keith Crain, Ferdinand Piech, Dave Power and Alex Tremulis -- have a lot in common....
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Porsche will consolidate sports car output in Zuffenhausen with 400 million euro investment for Boxster and Cayman production

July 15, 2014 12:57 CET
Porsche plans to consolidate production of its Boxster and Cayman sports cars at its main plant in Zuffenhausen, near Stuttgart....
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Mercedes' 911 fighter

12:01 am U.S. ET | July 14, 2014
Most of the form-altering camouflage is removed in this spy shot of the Mercedes-Benz AMG GT that will debut in September....
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Volkswagen's consumer brands

12:01 am U.S. ET | July 14, 2014
With the purchase of Porsche in August 2012, Volkswagen AG added a 12th brand to its broad portfolio, which stretches from Ducati motorcycles to 40-ton trucks....
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Porsche car sales rise 8 percent, boosted by gains in Europe

July 8, 2014 16:42 CET
Sales of Porsche sports cars and crossovers increased 8 percent to 87,800 vehicles in the first half, powered by rising demand for the face-lifted Panamera sedan and healthy gains in Europe....
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Infiniti hires Porsche official as first corporate communications director

2:49 pm U.S. ET | July 3, 2014
Infiniti Americas said it hired Nick Twork as director of corporate communications, a newly created position at the company, effective July 21. Twork, 34, comes to Infiniti from Porsche Cars North America, where he was the manager of product communications....
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Porsche raises stake in Germany's Bertrandt to 29%

July 3, 2014 13:11 CET
Porsche has raised its stake in German engineering company Bertrandt from 25 percent to about 29 percent. The company's auto-industry customers include Audi, BMW Group, Daimler, and Ford Motor Co....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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