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Dec
19th

Qatar gets 17% stake in VW; will take seat on Porsche board

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Qatar has accumulated a 17 percent voting stake in Volkswagen AG and is set to take a seat on Porsche Automobil Holding SE's supervisory board. The moves underline the more active role the Gulf state aims to play in the German auto industry. Full story...
Dec
19th

Porsche posts loss; sees slight gain in unit sales

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Porsche Automobil Holding SE is holding out for a slight rise in unit sales in its current fiscal year, banking on its new Panamera model, after the company swung to a quarterly loss. Full story...
Dec
18th

Porsche Museum Welcomes Half A Million Visitors

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MISSISSAUGA, ON, - Just eleven months after opening on 31 January 2009, the Porsche Museum in Stuttgart welcomed its 500,000th visitor. Full story...
Dec
16th

Ex-Porsche execs Wiedeking and Haerter remain under investigation

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German prosecutors are unmoved by the results of an internal Porsche probe that cleared ex-CEO Wendelin Wiedeking and ex-finance chief Holger Haerter of market manipulation in trading Volkswagen shares. Full story...
Dec
16th

Ex-Porsche execs Wiedeking and Haerter remain under state investigation

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German prosecutors are unmoved by the results of an internal probe done by Porsche Automobil Holding SE that cleared ex-CEO Wendelin Wiedeking and ex-finance chief Holger Haerter of market manipulation in trading Volkswagen AG shares. Full story...
Dec
16th

Ex-Porsche exes Wiedeking and Haerter remain under state investigation

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German prosecutors are unmoved by the results of an internal probe done by Porsche Automobil Holding SE that cleared ex-CEO Wendelin Wiedeking and ex-finance chief Holger Haerter of market manipulation in trading Volkswagen AG shares. Full story...
Dec
15th

GERMANY: Porsche wants to align fiscal and calendar years

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Porsche's supervisory and executive boards plant to ask the annual general meeting next month to agree to align the fiscal year with the calendar year. Full story...
Dec
15th

GERMANY: Pricey Porsche on sales target

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Porsche has said it is almost halfway to its annual sales target for its new four-door Panamera luxury grand tourer, its fourth model line. Full story...
Dec
15th

Porsche Panamera is halfway toward sales target

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Porsche is almost halfway to its annual sales target for its new Panamera. "Sales of the Panamera have really taken off. We have already secured over 9,000 orders," Porsche CEO Michael Macht said. Full story...
Dec
14th

2010 Porsche Panamera : The company plans to build 20,000 Panamera per year

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Today, just three months after the new Panamera went on sale the 10,000th car rolled off the production line at the Leipzig plant of Dr. Ing. h.c. F. Porsche AG, Stuttgart. The 500 HP platinum silver metallic Panamera Turbo will be delivered to a customer in Singapore. Full story...
Dec
13th

2009 Porsche Cayman S Review

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Anytime you drive a Porsche (sorry for those who haven't!), you feel like you're sitting behind the wheel of one of the world's finest automobiles... provided, of course, that you dig the brand's extreme sportiness and racing tradition. The 911 Carrera, the Boxster and my recent tester, the Cayman S, all have a distinct personality. However, I must say that the latter did not prove to be as satisfying as I initially hoped. Full story...
Dec
10th

GERMANY: Porsche extends short time working to end March

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Porsche, now 49.9% owned by Volkswagen, on Thursday said it would extend shortened working hours at its main Zuffenhausen plant near Stuttgart until the end of March 2010 "in view of the uncertain sales development on the individual markets". Full story...
Dec
10th

eRUF Stormster

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Porsche specialists turn polluting Cayenne into eco-friendly SUV


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Dec
10th

2010 Mazdaspeed3 Review

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I'm young, dumb and full of... well, you know, residual teenage angst. I may not like video games or online poker but I surely do appreciate fast cars. I don't got much money so I can't go out and buy myself an Audi R8, a Porsche Cayman (although I would sell everything I own to make a small down-payment for one) or even a Chevrolet Camaro. So when I get to drive cars that are quick, snappy and affordable, I tend to get excited. Full story...
Dec
8th

This week’s mag

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Porsche's new Boxster Spyder in ultimate head-to-head showdown, Audi's A2 is back, LA show round-up, Nissan's new Qashqai


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Dec
8th

VW gains 49.9% of Porsche’s sports car unit

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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion). Full story...
Dec
8th

VW gains control of 49.9% of Porsche’s sports car unit

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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion). Full story...
Dec
7th

GERMANY: Volkswagen takes 49.9% stake in Porsche

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Volkswagen AG on Monday announced it had taken a 49.9% stake in Porsche AG, saying a further milestone had been reached on the way towards an integrated automotive group with the luxury sportscar and SUV specialist. Full story...
Dec
7th

VW gains control of 49.9% of Porsche’s sports car unit

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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion). Full story...
Dec
7th

Porsche offers lithium starter

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While the industry rushes toward lithium ion batteries as a power source for electric vehicles, Porsche AG thinks the advanced batteries also have a role to play in high-end sports cars -- as starter batteries. Full story...
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