PorschePorsche to keep U.S. ad account with Cramer-Krasselt 7:16 pm U.S. ET | May 20, 2013  Porsche, after a six-month review of advertising agencies, has opted to keep its creative advertising account for the United States parked at Cramer-Krasselt, the incumbent agency that has held the account since 2007.... Read More »
Porsche says 918 Spyder will influence future modelsMay 16, 2013 13:21 CET  Porsche's says its 918 Spyder hybrid supercar, which begins production in September, will have a big influence on the automaker's sports cars of the future.... Read More »
Porsche SE to seek dismissal of legal claims filed in GermanyMay 14, 2013 12:04 CET  Porsche SE says legal claims by plaintiffs in Germany seeking more than 1.36 billion euros ($1.77 billion) in connection with its failed attempt to takeover Volkswagen in 2008 are unfounded. The family-controlled holding company that owns a majority of VW, says it will file a motion to dismiss the claims.... Read More »
Porsche faces $1.8 billion suit over Volkswagen options tradesMay 13, 2013 14:34 CET  Porsche Automobil Holding, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker's aborted takeover of Volkswagen, was sued by more hedge funds in Germany.... Read More »
Porsche reassigns 2 execs 12:01 am U.S. ET | May 13, 2013 Porsche Cars North America is bringing in Joe Lawrence, CEO of Canadian operations, to be its No. 2 executive in the United States, the company's largest market.... Read More »
Chevy aims new Vette at Porsche buyers 12:01 am U.S. ET | May 13, 2013  General Motors and Chevrolet's ad agency, Commonwealth of Detroit, are plotting an ambitious marketing strategy for the 2014 Corvette Stingray, one of GM's biggest launches of the year.... Read More »
Porsche unit names Joe Lawrence as new COO for U.S.May 10, 2013 21:02 CET  Porsche Cars North America is bringing in Joe Lawrence, CEO of Canadian operations, to take over as chief operating officer in the United States, the company's largest market.... Read More »
Porsche unit names Joe Lawrence as new COO for U.S. 3:02 pm U.S. ET | May 10, 2013  Porsche Cars North America is bringing in Joe Lawrence, CEO of Canadian operations, to take over as COO in the United States, the company's largest market.... Read More »
Porsche says 12 additional hedge funds withdraw U.S. suit appealMay 1, 2013 06:01 CET  Porsche SE says an additional 12 hedge funds have dropped a U.S. court appeal in a market manipulation suit focusing on the company's failed attempt to takeover Volkswagen in 2008.... Read More »
VW eyes China growth to ease pain in EuropeApril 30, 2013 06:01 CET  Volkswagen expects sales in China this year to outpace total sales volume in the market, which the carmaker believes will increase 6 percent to 8 percent. In Europe, the automaker remained resilient to a recession in its home region as high-end sales from its newly-intergrated Porsche unit help offset a drop in deliveries at the carmaker's core mass-market brand.... Read More »
Porsche SE is optimistic of prospects in German investor lawsuitsApril 30, 2013 11:04 CET  Porsche SE, the family-owned company that controls a majority stake in Volkswagen, remains confident of success in lawsuits in a German court over alleged market manipulation during a failed takeover of VW in 2008.... Read More »
VW brand bears brunt of Europe slump as Q1 profit halvesApril 29, 2013 11:49 CET  First-quarter profit at Volkswagen Group's core brand almost halved as automakers in Europe battle the region's protracted slump in demand with deeper discounts.... Read More »
LUCA CIFERRI Why even a weak China is good news for European automakers 12:01 am U.S. ET | April 24, 2013  The Shanghai auto show proved once again that China is the promised land for automakers, particularly Europeans bracing for a sixth straight year of declining car sales in their home region.... Read More »
2013 SHANGHAI AUTO SHOW Porsche vies with new Maserati as China grabs luxury limelightApril 22, 2013 06:01 CET Porsche has debuted a revamped version of its Panamera coupe at the Shanghai auto show where it sought to outshine Maserati's all-new Ghibli as both carmakers seek to attract customers in a luxury China market that is predicted to keep growing strongly.... Read More »
Porsche says new Panamera's sales to beat old modelApril 20, 2013 12:16 CET  Porsche said sales of the overhauled Panamera coupe may beat deliveries of the four-door model's first generation, sales chief Bernhard Maier said.... Read More »
Porsche's criminal probes may help investors' German lawsuitsApril 16, 2013 13:34 CET  German lawsuits from investors seeking 4 billion euros ($5.2 billion) from Porsche SE over its failed takeover of Volkswagen may be helped by details from ongoing criminal probes into senior company executives.... Read More »
SHANGHAI AUTO SHOW PREVIEW A bevy of crossovers and SUVs will take center stage at China's auto extravaganza 12:01 am U.S. ET | April 15, 2013  Automakers will test China's huge appetite for crossovers and SUVs with introductions this week at the Shanghai auto show. Acura, BMW, Citroen, Mercedes-Benz and Volkswagen plan world debuts for compact crossovers, while Jeep -- which arguably started the SUV craze -- will roll out its new Cherokee.... Read More »
SALES Porsche's March sales rise 19.8% on strong German, U.S. demandApril 8, 2013 06:01 CET  Porsche said today its global vehicle sales rose 19.8 percent to a record 14,494 units in March on strong demand in Germany, the United States and China.... Read More »
Panamera gets a plug-in hybrid 12:01 am U.S. ET | April 8, 2013  Porsche dealers will get their first plug-in hybrid to sell by the end of this year. The plug-in hybrid is part of the restyled -- and bigger -- Panamera family of sedans.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Porsche switches gears on powertrainsApril 5, 2013 06:01 CET  It wasn't long ago that gasoline was the only fuel a Porsche could use. Today, the powertrain options at the Volkswagen Group subsidiary include diesel, gasoline-electric hybrid and, soon, plug-in hybrid. Wolfgang Hatz, Porsche's r&d boss, is spearheading the changes.... Read More »
2014 Porsche Panamera gets new hybrid 1:10 pm U.S. ET | April 3, 2013  The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom.... Read More »
NEW PRODUCT Porsche's plug-in Panamera to start at 110,400 eurosApril 3, 2013 10:19 CET  Porsche will begin sales of its first plug-in hybrid in July with prices starting at 110,409 euros in Germany. The 416-hp Panamera S E-Hybrid will debut in China this month.... Read More »
Q&A: WOLFGANG HATZ, PORSCHE R&D CHIEF Porsche switches gears on hybrid powertrains 12:01 am U.S. ET | April 1, 2013  It wasn't long ago that gasoline was the only fuel a Porsche could use. Today, the powertrain options at the Volkswagen Group subsidiary include diesel, gasoline-electric hybrid and, soon, plug-in hybrid. Wolfgang Hatz, Porsche's r&d boss, is spearheading the changes.... Read More »
Track tricks could add mpg, cut hybrid cost 12:01 am U.S. ET | April 1, 2013  Recent breakthroughs on the racetrack for Toyota and Porsche could lead to big gains in fuel economy and lower prices for hybrid vehicles.... Read More »
CALIFORNIA SEEN Porsche's 50 years of evolution 2:01 pm U.S. ET | March 22, 2013  Many automotive journalists, when asked for their fantasy road test, would promptly reply, "A Porsche 911, up the California coast." Although I've been doing this job for 20 years, until a few weeks ago I had never been fortunate enough to embrace this experience.... Read More »
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