Porsche today rejected a fresh lawsuit filed against it by hedge funds in the United States.
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.
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.
Volkswagen chief Martin Winterkorn said that group remains "totally committed" to indebted Porsche SE, even though sizeable obstacles to a merger deal remain.
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.
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.
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.
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.
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.
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.
Volkswagen AG has said it has taken over Porsche's automobile trading business, taking another step toward a full merger of the two companies.
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.
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.
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.
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.
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".
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...