Entries from July 2009

Wiedeking is Out!

Date July 24, 2009

In the last weeks Wiedeking and Härter have come to the conclusion, that the further strategic development of Porsche SE and Porsche AG is better off, if they are not on board as acting persons. And with that, and after a reported all-night meeting, Porsche CEO Wendelin Wiedeking and CFO Holger Härter are no longer [...]

Spy Video: Porsche Working on Cayman Shooting Brake?

Date July 15, 2009

Holy crap, is Porsche working on a shooting brake version of the Cayman? A Top Gear fan sent a video to TopGear.com of a test mule that makes a strong case that they are. Or… is this a test mule for the rumored Cayman Turbo and the extra bodywork is just to provide easy access [...]

Porsche Financial Update

Date July 15, 2009

The financial news about Porsche has turned into a soap opera. After being the most profitable automaker on the planet and almost swallowing up the much-larger Volkswagen, Porsche is now trying to figure out how to survive and manage its huge debt. Word comes now that the rumored deal with the Sheik of Qatar is [...]

Panamera Turbo Tops Cadillac CTS-V ‘Round the ‘Ring

Date July 15, 2009

About a year ago, Cadillac laid claim to the fastest four-door car around when a CTS-V lapped the famed Nürburgring in 7 minutes 59 seconds. Porsche’s test driver (no word if it was Walter Röhrl or not) lapped the ring in 7:56 in a Panamera Turbo, taking the title (at least momentarily) from Cadillac. Although [...]

Top Gear Races Panamera Against… a Stamp?

Date July 15, 2009

Fans of Top Gear know all about their famous races… they’ve raced cars against planes, trains, boats, bicycles, and more. But this time they may have outdone themselves. In last Sunday’s episode, James May and Richard Hammond race a new Panamera S against the British Royal Mail service. Starting in the most southwestern part of [...]

Porsche Celebrates 75th Anniversary of the Volkswagen

Date July 6, 2009

On June 22, 1934, Dr. Ing. h. c. F. Porsche GmbH, Konstruktionen und Beratung für Motoren- und Fahrzeugbau (what is now known as Dr. Ing. h. c. F. Porsche AG, Stuttgart) was given the go-ahead by the Association of the German Reich of the Automotive Industry to build the Volkswagen. Ferdinand Porsche developed the concept [...]

Cayman S PDK Road Test

Date July 6, 2009

The Truth About Cars spent some time with a Cayman S with the PDK. Their verdict? Stick with the stick. My sentiments exactly. Click here to read the review. [source: TTAC]

Porsche Neat the Top in Quality

Date July 6, 2009

The 2009 J.D. Power Initial Quality Survey results are out, and Porsche came in second only to Lexus. Porsches on average has 90 problems per 100 cars sold, just behind Lexus’ 84 problems per 100. The industry average was 108 problems per 100. And who was the worst? That would be MINI with 165 problems [...]

New Panamera Promo Video Released

Date July 6, 2009

Porsche has released a new promo video for the upcoming Panamera. Check it. [source: YouTube]