Porsche Readies Most Dynamic 911 to Date: The 2010 911 GT3 RS - VIDEO ENHANCED
Aug 19, 2009
Porsche rolls out the definitive track ready, street legal 911 ATLANTA Aug. 19 -- Delivering even more engine power, lower weight and shorter transmission ratios, as well as upgraded body and suspension components than all previous GT3s, the new Porsche 911 GT3 RS sets the foundation for homologating the race version o ... Continue reading
Porsche and Volkswagen to Form an Integrated Automotive Group
Aug 17, 2009
The Supervisory board of Porsche Automobil Holding SE (Porsche SE) has approved a Basic Agreement negotiated by the management boards of Porsche SE and Volkswagen AG, the workers'representatives of both companies and the Porsche SE ordinary shareholders, describing the path to foundation of an integrated car group. ... Continue reading
Qatar Holding LLC Acquires Major Investment in Volkswagen and Porsche
Aug 14, 2009
Investment Commitment Exceeds EUR7 Billion, Qatar Holding to own 17% Stake in Volkswagen AG and 10% Stake in Porsche SE DOHA, Qatar, August 14 -- Qatar Holding LLC ("Qatar Holding") announced today that it has reached a final agreement with Porsche Automobil Holding SE ("Porsche" or "PSE") and the family shareholders o ... Continue reading
Aug 14, 2009
At its extraordinary meeting yesterday, Volkswagen Aktiengesellschaft's Supervisory Board approved the comprehensive agreement to create an integrated automotive group with Porsche led by Volkswagen. A corresponding agreement has been negotiated by Volkswagen AG and Porsche Automobil Holding SE, as well as the Porsche ... Continue reading
The Porsche Museum Extends the Range of Products in its Shop
Aug 10, 2009
The Museum of Dr. Ing. h.c. F. Porsche AG, Stuttgart, can now offer visitors a new wardrobe too: housed within the architecture of the imposing building, the Museum shop offers black polo shirts and white t-shirts bearing the Museum log. Baseball caps in the same colors complete the collection. ... Continue reading
New Porsche 911 Turbo making its Debut at the Frankfurt Motor Show - GREAT VIDEO
Aug 7, 2009
STUTTGART - August 7, 2009: Porsche is proudly presenting a new top model at the pinnacle of its broad range of production sports cars: The new Porsche 911 Turbo combines far-reaching innovations in technology with fine tuning and su-preme refinement in design. All key features of this high-performance sports car have ... Continue reading
New Flagship 2010 Porsche 911 Turbo to Debut at Frankfurt Motor Show
Aug 7, 2009
Porsche continues to create more from less; greater driving dynamics, lower fuel consumption ATLANTA, Aug. 7 -- Porsche has traditionally put great emphasis on the efficiency of its cars, but the new flagship 911 will give a whole new meaning to its high performance label: while its acceleration, braking and handling c ... Continue reading
Intelligent Power Boosts Performance And Efficiency of Next Generation Porsche 911 Turbo
Aug 7, 2009
Porsche is proud to present a new top model at the pinnacle of its broad range of production sports cars; the next generation 911 Turbo ... Continue reading
"Cash For Clunkers" Rewarding Consumers With Up To $4.5k For Turning In Old Vehicles - VIDEO STORY
Aug 6, 2009
DETROIT - August 6, 2009: After more than a year of declining car sales and closing dealerships, the auto industry may be getting a second wind. With the success of "Cash for Clunkers", cars sales are on the rise. Officially known as the Car Allowance Rebate System, the program rewards people for turning in older gas g ... Continue reading
Wide Range of Customisation Options for the Porsche Panamera
Aug 4, 2009
Through Porsche Exclusive and Porsche Tequipment, Dr. Ing. h.c. F. Porsche AG, Stuttgart, enables the customer to refine and personalise all Porsche models individually and exclusively to his or her particular wishes beyond even the sophisticated range of standard features. The new Panamera is no exception to this rule ... Continue reading
Porsche Reports July 2009 Sales
Aug 3, 2009
ATLANTA--Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced U.S. sales for the month of July totaled 1,544 compared to last year's mark of 3,128, a decrease of 51.6 %. Year-to-date, Porsche has sold 11,203 cars compared to the ... Continue reading
While Truth About CASH FOR CLUNKERS Funds Remains Unclear More Money is Approved
Jul 31, 2009
AUTO CENTRAL - July 31, 2009: Late yesterday the Associated Press published a report stating that the CARS "Cash for Clunkers" program was being suspended because funds had run out (just days after the program commenced). AP cited an annonymous source. This source has still not been revealed. The story was published ev ... Continue reading
Porsche Head of PR Anton Hunger Retires
Jul 31, 2009
Anton Hunger (60), long-time Head of Public Relations at Dr. Ing. h.c. F. Porsche AG and since 2007 of Porsche Automobil Holding SE, this friday retires from his position after 17 successful years with the producer of sporty luxury cars. By request from the new Porsche CEO Michael Macht he will make himself available i ... Continue reading
Porsche Prepares Sale of Options
Jul 30, 2009
Porsche Automobil Holding SE, Stuttgart, is in advanced talks on the sale of the cash settled options with respect to Volkswagen shares to one or several investors. Amongst these investors is especially Qatar Holding LLC (QH) with whom talks about an investment in Porsche SE also is underway. ... Continue reading
Report Says Porsche Told by Deutsche Bank to Pump in Cash Quickly
Jul 25, 2009
FRANKFURT July 25, 2009; Marilyn Gerlach writing for Reuters reported that Deutsche Bank's CEO Josef Ackermann has told Porsche's owner families of the urgency to stump up cash in order to pay down the company's debts, which have risen to 14 billion euros (20 billion pounds), a German magazine said on Saturday. Ackerma ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
