Porsche has revealed the new Boxster Spyder, the lightest Porsche you can buy.
The Boxster Spyder will be a third standalone model, next to the Boxster and Boxster S. It sheds 176 lbs by removing the top mechanism, using aluminum door skins and lightweight interior door panels from the 911 GT3 RS, brining it down to [...]

Posted in Boxster, Company News No Comments »

Are you bummed because your 911 GT3 or GT3 RS is too heavy? Don’t worry, Porsche has you covered.
Porsche has just released a new line of lightweight components for retrofitting your 997 GT3 or GT3 RS for style and performance.
Developed by engineers in the Porsche Motorsport Division, you have lots to choose from. Accessories include [...]

Posted in 911 GT3, Company News No Comments »

Porsche’s new President and CEO Michael Macht spoke publicly for the first time at the Frankfurt Auto Show, and he revealed plans about hybrid and all-electric vehicles at Porsche.
Porsche, the inventor of the hybrid, has already talked about the hybrid Cayenne and hybrid Panamera in development. But according to Macht, they are already working on [...]

Posted in Company News No Comments »

As of yesterday, September 15, VW CEO Dr. Martin Winterkorn has the helm at Porsche. Even before taking over, he was already talking about future plans at Porsche.
First, he has set a goal to double Porsche sales within four years. Current sales are around 75,000 per year, so the new goal is 150,000 vehicles by [...]

Posted in Company News No Comments »

This news is a couple of weeks old, but still worth nothing: Porsche’s German offices were raided by prosecutors looking into alleged security laws violations.
The allegations include stock price manipulation and insider trading. The probe is due to Porsche’s failed attempt to gain control of Volkswagen. Former CEO Wendelin Wiedeking and former CFO Holger Haerter [...]

Posted in Company News No Comments »

Well, it seems it is finally over. After all of the drama, Volkswagen and Porsche have inked a deal that will see VW buying 42 percent of Porsche AG. VW will also purchase Porsche Holding Salzburg.
VW will pay €3.3 billion for the Porsche AG stake and €3.55 billion for the holding company. By the end [...]

Posted in Company News No Comments »

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 with [...]

Posted in Company News No Comments »

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 almost [...]

Posted in Company News No Comments »

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 of [...]

Posted in Company News No Comments »

Porsche has announced its 3.8-liter 911 Carrera S engine has won the 2009 “Best New Engine of the Year” award in the International Engine of the Year Awards.
The power combined with the efficiency and drivability of the direct fuel injected engine helped earn the award. The current engine, combined with the PDK transmission, produces 385 [...]

Posted in 911, Company News, Misc No Comments »