Partial Settlement of Hedging Transactions Planned
Oct 30, 2008
Porsche Automobil Holding SE, Stuttgart, has information that speculative short sellers have had to buy Volkswagen ordinary shares in order to fulfil their delivery obligations. In the very recent past, this resulted in a massive increase in the stock exchange price of the Volkswagen shares, which at one stage exceeded ... Continue reading
WSJ: Luxury Auto Makers Gird for Sales Slump
Oct 20, 2008
Washibngton DC October 20, 2008; The AIADA newsletter reported that since about 2002, BMW, Mercedes, Lexus, Acura, Audi, Infiniti and a rejuvenated Cadillac boomed as they lured upper middle class consumers into their showrooms with lease deals and financing that made their cars and sport utility vehicles affordable to ... Continue reading
Porsche Achieves New Records in 2008 Sales, Production and Turnover
Oct 1, 2008
STUTTGART, Germany--Porsche Automobil Holding SE, Stuttgart, has again brought home record values in the business year 2007/08 (to July 31) despite the general lack of buoyancy in the economic environment. As the company announced on Wednesday, in a first review of the business year that has just ended, preliminary fig ... Continue reading
Porsche Reports U.S. Sales for September 2008
Oct 1, 2008
ATLANTA--Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced September sales of 1,458 in the United States compared to last year's record-breaking September total of 2,641, a decrease of 45%. For the nine months of calendar year ... Continue reading
2008 Paris Motor Show: Porsche to Present New Cayenne S Transsyberia - VIDEO ENHANCED
Sep 28, 2008
PARIS - September 28, 2008: Porsche will present the new Cayenne S Transsyberia at the Paris Motor Show early next month. Its name is derived from the 7,200 kilometres (4,460 miles) intercontinental rally from Moscow to the Mongolian Capital of Ulan Bator, which Porsche has won the last 3 years with a production-based ... Continue reading
Porsche Increases Its VW Stake to 35.14 per cent
Sep 17, 2008
Porsche Automobil Holding SE, Stuttgart, acquired a further 4.89 per cent of the Volkswagen ordinary shares on Tuesday, 16 September. As a result, the total stake in the Wolfsburg-based car manufacturer now amounts to 35.14 per cent of the voting rights. This step ensures that Porsche has a lasting majority at the VW a ... Continue reading
Porsche Controls VW, to Make Offer for Audi
Sep 16, 2008
Washington DC September 16, 2008; The AIADA newsletter reported that sports-car maker Porsche said today it raised its voting stake in Volkswagen AG, gaining control of the company and triggering a mandatory offer for Volkswagen's premium brand, Audi AG. Click here for a photo of workers installing a VW logo in the tem ... Continue reading
Porsche Panamera Gran Turismo Makes First Appearance
Sep 15, 2008
Porsche is rolling out the new Panamera Gran Turismo into the public limelight for the first time. Starting today, September 15, the Panamera Online Magazine offers a wide range of information about the latest member of the Porsche family at www.porsche.com/panamera - including exciting video content. ... Continue reading
Sep 15, 2008
NEW YORK, Sept. 15 -- Visitors to the first United States motorexpo here will be in for a special treat: a sneak peak at the new Porsche 911 before it goes on sale later this month in North America. Designed to meet the challenges confronting the world's automotive industry, this latest version of the iconic sports car ... Continue reading
EXCLUSIVE SPY SHOTS: Porsche GT3 facelift
Sep 9, 2008
*Exclusive Spy Shots Snapped in Spain, these four cars, including the new GT3 and an old-shape silver and orange GT3, were taking a break from mountain pass blasting. The track-biased tweaks are obvious, with a big rear wing and a new rear bumper with twin central pipes. The updated nose features a big front splitter a ... Continue reading
Porsche Adds 2010 Cayenne S Transsyberia to an Already Powerful SUV Line-up
Sep 8, 2008
New, Special Model Pays Tribute to the Three-Time Rally-Winning Original ATLANTA, Sept. 8 -- Winning Porsches come in many shapes, and nowhere is the competitive Porsche Motorsport DNA more evident than in the latest version of the thriving Cayenne range -- the new race-inspired 2010 Porsche Cayenne S Transsyberia. The ... Continue reading
More Power for Exclusive Porsche Cayman S Sport
Aug 4, 2008
Porsche is introducing a new model in the Cayman range. The new arrival, the Cayman S Sport, develops over 300 bhp from its tuned 3.4-litre flat-six engine and goes on sale in the UK this autumn. Originally launched in November 2005, the Porsche Cayman S quickly became the benchmark sports car in the coupe segment, a p ... Continue reading
Experience Porsche Power at the Goodwood Festival of Speed
Jul 10, 2008
Porsche celebrates 60 years at the 2008 Goodwood Festival of Speed (July 11 - 13) with a high speed demonstration of the latest generation of the iconic 911 sports coupe, which stars alongside a charismatic collection of cars spanning the company's illustrious heritage. ... Continue reading
Porsche Victory in Legal Campaign - Costs Donated to Motoring Charity Skidz
Jul 8, 2008
Porsche today announces a formal victory in its legal campaign to prevent the introduction of a £25 charge on larger vehicles driving in London. The Administrative Court in London has quashed the increase to the charge. Porsche has been awarded legal costs - expected to be a six figure sum - which will be donated to S ... Continue reading
AutoPacific Announces 2008 Ideal Vehicle Awards
Jun 30, 2008
Porsche Top Premium Brand, Ford Top Mainstream Brand, Mercedes-Benz S-Class Top Vehicle, Lincoln Navigator Top Truck TUSTIN, Calif., June 30 -- An "ideal" is defined as an excellent or perfect example. In the annual Ideal Vehicle Awards (IVA), announced today by automotive research and consulting firm AutoPacific, owne ... 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.
