Porsche

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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Porsche extends contract of production boss

May 27, 2015 06:01 CET

Porsche has extended the contract of its production and logistics boss, Oliver Blume, by five years. Blume is a former head of global production planning at VW who started his career at Audi....
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Dealers can't even touch some hot brands

12:01 am U.S. ET | May 25, 2015

Buying a luxury German-brand dealership isn't easy. Just ask dealer David Slone. His three-year, as yet unsuccessful search shows how difficult it is to acquire an in-demand brand....
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Porsche recalls 918 Spyder on cooling system risk

12:05 pm U.S. ET | May 22, 2015

Porsche today launched a precautionary worldwide recall of its 918 Spyder plug-in hybrid sportscar, which can cost up to $937,000, saying a carbon fiber part could damage the cooling system and needed to be checked....
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DETLEV VON PLATEN, CEO, PORSCHE CARS NORTH AMERICA

Porsche's U.S. boss prepares for more growth

12:01 am U.S. ET | May 18, 2015

Porsche's U.S. CEO expects this year to reach the brand's target of selling more than 50,000 vehicles in the U.S. The increased sales aren't enough to justify U.S. production. But Porsche does have plans for more U.S. dealerships and higher expectations of its dealers to go along with the growth....
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U.S. Boxster, Cayman to get 4-cylinders in '16

12:01 am U.S. ET | May 18, 2015

After more than 20 years, Porsche will bring a four-cylinder engine back to the U.S. in 2016. The U.S. will start getting four-cylinder Boxsters and Caymans in the middle of next year....
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Porsche zooms from 3 sales a month to 5,217

12:01 am U.S. ET | May 18, 2015

The new monthly sales record pushed Porsche's year-to-date sales up by 17 percent and added to the celebratory mood as the brand opened its $100 million U.S. headquarters and customer experience center in Atlanta on May 7....
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CHRISTIAAN HETZNER

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies....
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Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group....
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Porsche SE plans car-connectivity investments

May 13, 2015 16:22 CET

Porsche SE, the controlling shareholder of Volkswagen Group, plans to use its cash to invest in car-connectivity technology as part of a push to expand its portfolio beyond the automaker....
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Christiaan Hetzner

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies....
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Porsche 911 plug-in hybrid decision to come this year

12:01 am U.S. ET | May 11, 2015

Porsche AG is considering whether to produce a plug-in hybrid version of the 911 sports car, and company leaders will make a decision later this year. Porsche CEO Matthias Mueller says plug-in technology will help save fuel and also boost vehicle performance....
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Porsche to give retailers a test track deal

12:01 am U.S. ET | May 11, 2015

Porsche dealers will get a special deal on booking track time for customers at the brand's $100 million Atlanta headquarters and test track in June. Porsche executives expect 30,000 visitors annually....
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Porsche takes it to the track in China

12:01 am U.S. ET | May 11, 2015

Porsche is building in China a small, one-mile race track for close to 25 million euros ($28 million). The track will allow Porsche owners to experience hard acceleration or feel the g-forces tug during a hard corner....
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Porsche U.S. chief: Raise customer satisfaction

12:01 am U.S. ET | May 9, 2015

Porsche has been at the top of many automotive customer satisfaction surveys. But that's not enough for US chief Detlev von Platen, who is calling for dealers and the company to improve their performance....
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Porsche's Atlanta center opens in June

11:30 am U.S. ET | May 7, 2015

Beginning in June, potential Porsche buyers can test drive the brand's cars and crossovers at the company's new $100 million US headquarters and customer experience center in Atlanta....
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