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Mar
15th

Porsche sued by U.S. hedge funds over losses

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Porsche was sued by hedge funds Greenlight Capital, Tiger Management and other funds over $1 billion in short-selling losses.
Mar
12th

Rennsport Reunion moves to Laguna Seca for 4th edition

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Rennsport Reunion, the world's largest gathering of Porsche race cars, will be back for a fourth edition, this time at Laguna Seca the weekend of October 14-16, 2011.
Mar
11th

Porsche: lessons for the first buyers of the 911 GT2 RS (video)

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Last month, the first 20 lucky owners of the all-new Porsche 911 GT2 RS were invited to pick up their vehicle at California's El Toro aerodrome. The German manufacturer marked the occasion by giving them the opportunity to familiarize themselves with their new baby, driving instructors dispensing advice on site.
Mar
10th

GERMANY: VW ‘committed’ to Porsche merger

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Volkswagen chief Martin Winterkorn said that group remains "totally committed" to indebted Porsche SE, even though sizeable obstacles to a merger deal remain.
Mar
10th

VW remains committed to Porsche merger despite ‘hurdles’

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VW pledged it would not turn its back on indebted ally Porsche Automobil Holding SE, even as it warned that there were sizeable obstacles to a merger deal.
Mar
10th

VW remains committed to Porsche merger despite ‘hurdles’

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VW pledged it would not turn its back on indebted ally Porsche Automobil Holding SE, even as it warned that there were sizeable obstacles to a merger deal.
Mar
9th

2011 Porsche Cayenne Turbo

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2011 Porsche Cayenne Turbo
2011 Porsche Cayenne Turbo - Editor's Notebook - Automobile Magazine
The second-generation Cayenne is a wholesale improvement.

The second-generation Cayenne is a wholesale improvement over the first-generation car, which was a pretty sweet thing itself. From behind the wheel, it feels significantly lighter, tighter, and more energetic. The steering is light but incredibly precise, the ride is plush yet firm, and the grip and body control are absolutely amazing for an SUV. Of course, this top-spec Turbo model has power and torque in spades, so when you gun the accelerator, the Cayenne sprints forward with effortless ease and speed. Addictively so, I might add; I think I'd be having a few roadside chats with the Michigan State Police if I drove one of these every day.


Photo Gallery: 2011 Porsche Cayenne Turbo - Editor's Notebook - Automobile Magazine


Mar
8th

Rennsport Reunion IV brings Porsches to Mazda Raceway Laguna Seca:

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Porsche has confirmed that its Rennsport Reunion IV, sponsored by Porsche Cars North America, will feature three days of the German marque's historic race-cars at Mazda Raceway Laguna Seca in Monterey, Calif.
Mar
8th

Porsche announces Rennsport Reunion IV set for Mazda Raceway Laguna Seca:

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Porsche has confirmed that its Rennsport Reunion IV, sponsored by Porsche Cars North America, will feature three days of the German marqueand#8217;s historic race-cars at Mazda Raceway Laguna Seca in Monterey, Calif.
Mar
7th

First Drive: 2012 Porsche Cayman R

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First Drive: 2012 Porsche Cayman R
2012 Porsche Cayman R - First Drive - Automobile Magazine
The Cayman goes hardcore.

The weather turned to crap the minute we started driving the Porsche Cayman R on the Spanish island of Mallorca. Jawbreaker-sized hail and gusty winds tried to slow us down -- but we didn't give in. That happened a few seconds later, when we realized that when wet, the island's roads are as slick as ice.


Photo Gallery: 2012 Porsche Cayman R - First Drive - Automobile Magazine


Mar
7th

Porsche SE posts five-month net income, lifted by VW earnings gain

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Porsche SE, the holding company that owns 51 percent of Volkswagen's common shares, recorded a profit in its shortened 2010 business year on gains from VW and profit from the Porsche sports-car business.
Mar
4th

Geneva 2011: Porsche Panamera S Hybrid gallery

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Like many other automakers, Porsche is striving to reduce fuel consumption and CO2 emissions. At the 2011 Geneva Motor Show, the German brand unveiled the new Panamera S Hybrid which shows that being green doesn't mean sacrificing performance or driving excitement.
Mar
1st

GERMANY: Volkswagen acquires Porsche’s auto trading unit

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Volkswagen AG has said it has taken over Porsche's automobile trading business, taking another step toward a full merger of the two companies.
Mar
1st

GERMANY: VW acquires automobile trading business of Porsche Holding Salzburg

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Volkswagen has acquired the operating business of Porsche Holding Salzburg (PHS) as previously announced. The transfer of the automobile trading company took place at a value of EUR3.3bn today (1 March, 2011). The registered office and corporate headquarters will remain in Salzburg.
Feb
28th

Cayenne boosts Porsche’s sales in 2010 fiscal year

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Porsche sales rose 62 percent in Europe and 78 percent in China over the shortened fiscal year spanning August to December 2010, the company said Monday. The company sold nearly 40,500 vehicles during the five-month period.
Feb
28th

VW to complete $4.5B acquisition of Porsche Holding this week, paper says

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VW will buy Salzburg-based Porsche Holding, Europe's largest car dealership group, for $4.5 billion this week, a German newspaper says. The move will be a key element of Porsche's deleveraging plans ahead of its anticipated merger into Volkswagen.
Feb
28th

Porsche and Winter (video)

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Even though these two words don't seem to go together and that many car-buffs still cringe at the sight of a Stuttgart-born performance car in the white stuff (you know who you are), Porsche is adamantly making a case for their cars and the fact that they belong on the roads all year long.
Feb
25th

Porsche Cayman R, an AW Flash Drive:

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What is it?
Feb
25th

Geneva 2011: Porsche to revive the Semper Vivus, a 111 year old hybrid

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Porsche will be taking advantage of the Geneva Motor Show to exhibit a 111 year old gem of a car. After four years of intense efforts, the Porsche Museum in Stuttgart, Germany, has managed to recreate the Semper Vivus, latin for "always alive".
Feb
24th

AUTOWEEK TV: Spyker sells off sports-car business to focus on Saab:

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Porsche's CEO gives us a glimpse of the future, Infiniti launches its first hybrid, the Mercedes-Benz CLS gets the Brabus treatment, a couple of Formula One drivers blow out birthday candles, and we take a look inside a Ken Austin's garage in...
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