Tag Archives: porsche

WEC: TOYOTA WINS IN BAHRAIN

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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Nissan to Return to Le Mans in 2014 as Garage 56 Entry

In 2012, a number 0 Nissan Delta Wing ran at the world’s most famous endurance race from the same unclassified Garage 56 spot. The real Japanese racers that were closely watched at Le Mans last year were a pair of Toyota hybrids, which ran in the fastest LMP1 class but lost to Audi. Continue reading

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Porsche Sales Rise 18% in February Led by 31% U.S. Gain

Porsche sold 10,454 sold new vehicles in February 2013, an increase of 18.2% in comparison to the same month last year. The Porsche model most in demand worldwide was the Cayenne SUV once again at 5,637. Almost 2,000 911 models were sold.The former sports car maker, now luxury vehicle manufacturer fully owned by the Volkswagen Group, saw particularly strong sales in the U.S. at 3,225, a 31% increase in its largest market. Year-to-date Porsche sales at 22,515 are up 22% globally. VW Group is closing in on GM as the world’s second largest automaker and wants to be Number One in global auto sales by 2018. Continue reading

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Milestones – 50 Years of the Porsche 911

More than 820,000 Porsche 911 models have been built, making it, arguably, the most successful sports car in the world since it was first shown in 1963. For each of its seven generations the engineers in Zuffenhausen and Weissach have revised it, while retaining its identifiable and now classic lines and proportions, as well as its famous but often quirky performance. Continue reading

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Rotary Engine Le Mans Winner Mazda 787B Selected as ‘Legend’

For the 1990s, the voting- using French sponsorship and nationalist math – was a “dead-heat” between the Mazda 787B and the Peugeot 905 – so 11 cars were given ‘legend’ status. Continue reading

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Porsche Sales up 16% in July. Boxster and 911 Strong

Porsche increased sales in July by 16% helped by strong sales of the Boxster and 911. The automaker sold 12,391 cars and trucks during the month. Led by sales of the Panamera sedan and Cayenne sport utility vehicle, Porsche has sold 81,562 vehicles (+14 %) in the first seven months of 2012. Continue reading

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Porsche Leipzig plant builds 500,000th Vehicle

Earlier this year, Porsche marked the tenth anniversary of what was at the time a controversial expansion into the truck market. However, after the Porsche factory opened in Leipzig during 2002 to build the Cayenne SUV it proved to be a successful investment that has since grown to produce another controversial – but just as profitable vehicle – the Panamera sedan. Continue reading

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Porsche Opens Display at Autostadt Park in Wolfsburg

Porsche AG inaugurated its new pavilion in Wolfsburg’s Autostadt theme park today. The auto manufacturer’s new exhibition building has a curved roof design said to be inspired by the silhouette of a Porsche 911. Inside, the center stage of the pavilion displays 25 vehicle models that take visitors on a journey through the development of the sports car brand. Continue reading

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Iran Auto Production Down 27% as UANI Blasts Peugeot and Nissan for Ongoing Business with Islamic Revolutionary Guard

The auto industry represents 20% of Iran’s GDP that is dominated by the Islamic Revolutionary Guard Corps. UANI has developed model legislation, The DRIVE Act, to force auto manufacturers to choose between American taxpayers and the regime. The DRIVE Act requires automakers to certify they are not engaged in any business in Iran, or engaged in the implementation of any agreement with Iranian entities in order to be eligible for U.S. government contracts or financial assistance. Continue reading

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