Tag Archives: porsche

Porsche Stops Production Due to The Coronavirus

In addition to suspending production, Porsche has decided on a number of “intensified” measures: there is a ban on business travel, for example, ‘mobile working’ has been greatly extended, and meetings will now take place only by video or conference calls. Continue reading

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Volkswagen Group Closes 2019 Books

The spread of coronavirus is currently impacting the global economy. It is uncertain how severely or for how long this will also affect the Volkswagen Group. Currently, it is almost impossible to make a reliable forecast. Continue reading

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Ford GT v Porsche 911 v Acura NSX at Virginia International in IMSA WeatherTech SportsCar Racing Championship

The GT teams are particularly entertaining because the cars they drive look like the cars wealthy people can buy. Watch Ford Chip Ganassi Racing and Pfaff Motorsports to see how they do. Both are on a run. Continue reading

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Aston Martin On GTE Pole, Ford 2nd, Corvette 3rd at Le Mans

Aston Martin Racing is on the GTE Pro pole position for this weekend’s 87th running of the 24 Hours of Le Mans. It’s 60 years since a famous 1959 win led by team director John Wyer with a DBR1 driven by Roy Salvadori, and a man who would kick Ferrari’s “ass” many more times, notably with Ford GTs a few years later – Carroll Shelby, again working with Wyer. Continue reading

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Volkswagen Group and Jeep Cut Deals with TomTom

In a related deal, TomTom said that it will supply connected navigation subsystems to Fiat Chrysler Automobiles’ Plug-in Hybrid Electric Vehicles (PHEV), the Jeep Renegade and Compass. Continue reading

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Porsche Commissions MAN eTruck for Green Logistics

In producing the eTruck for Porsche, MAN claims it passes another milestone on its e-mobility roadmap, according to which the first small series of the MAN eTGM is planned from early 2019. Continue reading

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Three Peat! Corvette Takes Makers’ and Drivers’ Titles in IMSA GT Le Mans at Road Atlanta Season Final

The real stars of the 10-hour race was a clear in class win by the No. 911 Porsche GT Team Porsche 911 RSR and co-drivers Nick Tandy, Patrick Pilet and Frederic Makowiecki. In the ‘luckless but fast category,’ Chip Ganassi racing put in a fast performance only to see the #3 Corvette sister car, the # 4 Corvette C7.R of Oliver Gavin, Tommy Milner and Fassler, hold off (it looked to be legal moves at AutoInformed and the stewards based on provisional results) the No. 67 Ford GT in the final hour to secure a second consecutive championship for the #3. Continue reading

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Volkswagen and Ford Alliance Under Study

Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading

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TOYOTA Gazoo Racing won for the fifth time in the 6 Hours of Bahrain, ending the nine-race 2017 FIA World Endurance Championship (WEC) season with a victory. It was bittersweet because Porsche had clinched both the manufacturers’ and drivers’ title … Continue reading

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Silverstone: Toyota Beats Porsche. Chan Racing Wins LMP2. Ford Bests Ferrari, Porsche in GT Pro. Ferrari takes GT Am

The race – pure England at this time of year (or any time) – was run under mixed weather conditions, forcing teams to choose between tires – slicks, so-called intermediates or rain rubber in changing conditions that forced drivers to extract the best performance out of the world’s most exciting racing machines. Continue reading

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Dieselgate: Bosch Plea-Bargain for Dirty Engines

The dieselgate plea bargain – and it looks like a real bargain – requires the approval by Judge Charles R. Breyer, who conducts the nationwide multi-district proceedings in which numerous civil law actions have been combined. Continue reading

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Matthias Müller New CEO of Volkswagen Group

Müller is currently Chairman of Porsche AG in Stuttgart. He will continue that job until a successor is appointed. Continue reading

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Court of Appeals Rules against Hedge Funds in Porsche Caper

Porsche Automobil Holding SE, Stuttgart has won another legal round in a fight with U.S. hedge funds over Porsche’s aborted attempt to take over Volkswagen, which resulted in exact opposite effect of VW Group swallowing Porsche whole. Continue reading

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Cadillac Hires another Head as Johan de Nysschen Bolts Infiniti

The revolving door at the top of Cadillac continues today with the announcement that Johan de Nysschen, 54, is taking over the GM luxury brand that has seen three different people running it in less than two years, most recently Bill Peffer who suddenly resigned last month. Continue reading

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Volkswagen Group Posts Record Profit of €11.5 Billion in 2012

Volkswagen Group’s sales revenue increased by 20.9% to €192.7 billion ($252 billion) in fiscal year 2012 a sizable gain from €159.3 billion in 2011. Operating profit rose to a record €11.5 billion, but this was only a slight increase from €11.3 billion the year before. Continue reading

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