Porsche CEO Mueller bids to run sports car brands in revamped VW

Sept. 16, 2015 09:02 CET

Porsche CEO Matthias Mueller is bidding to lead sports car operations at Porsche's parent Volkswagen as the group aims to decentralize operations through a new structure to boost foreign sales and profits....
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BLOG: VW Group boldly takes up Tesla's electric challenge

11:20 am U.S. ET | Sept. 15, 2015

Had Elon Musk attended the Volkswagen Group's brand cavalcade last night, he probably would've left with a smile on his face....
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Porsche unveils fast-charging Mission E, a potential Tesla rival

Sept. 15, 2015 10:07 CET

Porsche unveiled its answer to Tesla -- the Mission E electric four-seat sports car. The concept provides a glimpse at the brand's first battery-powered model, which could arrive by the end of the decade....
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Porsche, Audi EVs zero in on Tesla

5:50 pm U.S. ET | Sept. 14, 2015

The high-performance electric car market is shaping up to be a high-profile battleground featuring some of the world's most glamorous brands after Porsche and Audi unveiled models to challenge pioneer Tesla Motors....
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Porsche adds turbocharging to make the 911 greener

12:01 am U.S. ET | Sept. 14, 2015

Porsche has added turbocharged engines to its 911 sports car range to help meet tough fuel economy and carbon dioxide emissions rules. The new turbos will offer a 20-hp increase from the current engines while lowering emissions, Porsche said. They will debut on the re-engineered model unveiled this week at the Frankfurt auto show....
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Porsche adds turbocharging to make the 911 greener

Sept. 8, 2015 06:01 CET

Porsche has added turbocharged engines to its iconic 911 sports car range to help meet increasingly tougher fuel economy and CO2 emissions rules....
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Porsche offers new powertrains, body styles

12:01 am U.S. ET | Sept. 7, 2015

Porsche continues to focus on more fuel efficiency balanced by increased power. Expect smaller engines and more turbocharging, plug-in hybrids, and new body styles, such as a Cayenne coupe and a Panamera wagon....
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VW finance chief Poetsch proposed as next chairman

Sept. 3, 2015 14:54 CET

Volkswagen Group's controlling parent company, Porsche Automobil Holding, said it has proposed Hans Dieter Poetsch as chairman of Volkswagen's supervisory board, a post that Ferdinand Piech quit earlier this year....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon...
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