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Corporate / Financial
VW to finalise Porsche takover for €3.9billion
Unidentified managers within the VW hierarchy have confirmed that they will set up a a holding company to take control temporarily. It is believed by completing the transaction before 2014 will save the company €1 billion in taxes.
Jan 23 2012
Porsche fears Facebook spying
Automaker blocks employees from using social networking sites such as Facebook and Xing out of fear of industrial espionage.
Oct 13 2010
Porsche temporarily halts product expansion
Porsche CEO Matthias Mueller has put a temporary hold on the several new models like the Cajun and 914 revival. Details inside
Oct 12 2010
Porsche returning to Detroit Auto Show after 3 year absense
Will Porsche show off the 911 Carrera GTS at the NAIAS in the automaker's return?
Sep 17 2010
New CEO to tackle smaller entry-level Porsche as first challenge
Porsche is facing decline sales of the Boxster and Cayman models. Sales in those lower segments will have to expand if Porsche is to meet its goal of selling 150,000 units per year by 2013.
Jul 08 2010
Matthias Mueller named Porsche CEO
Who is the new CEO of Porsche, and what does he bring to the table? Find out inside.
Jul 06 2010
New 2011 Porsche Cayenne orders exceeding expectations - Porsche CEO
Improved sales on the Porsche Cayenne are signaling a recovery of the automotive industry, according to the automaker's CEO. Find out why inside.
Apr 15 2010
Porsche Marks 60 Years of Selling Performance in America
A brief history of Porsche in America, 60 years in the making. The story inside.
Mar 26 2010
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Porsche Tops J.D. Power and Associates Dependability Study
Porsche brand had the lowest number of problems per 100 vehicles with 110, according to the study. US brands Lincoln, Buick and Mercury were in the top 5 but J.D. Power reports consumer perceptions lag far behind those results.
Mar 19 2010
Porsche Considering Turbocharged Three-cylinder Engine for Boxster
Smaller engine will help Porsche meet 2012 emissions requirements set by the EU. Now that Porsche is part of VW Group, it may have to meet stricter requirements.
Jan 04 2010
Porsche SE Posts 4.4 Billion Euro Loss
Losses stem from its failed bid to takeover Volkswagen AG, Porsche SE's car division, Porsche AG, remains profitable
Nov 13 2009
Porsche Files Suit Against Crocs for Cayman Trademark Infringement
Porsche is attempting to force shoemaker Crocs from using the name Cayman in its product line. Crocs is said to be defending the matter.
Nov 11 2009
Porsche Norway detunes the Boxster and Cayman for reduced import taxation
Oddly enough, Porsche is claiming the weakened cars are just as fast as the usual models. A manually equipped Norwegian Boxster can run from 0-100 km/h in 5.9 seconds, while the Cayman can do the same task in 5.8 seconds.
Oct 30 2009
Qatar Closing On 25% Porsche Stake
Porsche's financial nightmare may soon be over, as the country of Qatar is in talks to take a 25% stake in the troubled automaker.
Jun 18 2009
Porsche Sends its 250,000th Cayenne down the line
250,000th Cayenne is a 3.0 liter, 6-cylinder diesel version with 240 hp just introduced into the Porsche range. Porsche has sold 250,000 Cayennes in the 6 years since the model was launched in December of 2002.
Mar 06 2009
Porsche set to Enter the Trucking Business
When Porsche made a mandatory low-ball offer to buy Swedish truck builder Scania few thought the offer would ever be accepted but that may soon change.
Feb 05 2009
Porsche Cayenne Diesel Production Begins
Porsche attempts to answer to its environment critics with the release of the Porsche Cayenne Diesel. Although cleaner than other Cayennes, this one is certainly not clean. But at least Porsche is making an effort.
Dec 29 2008
Morgan Stanley downgrades Porsche and Fiat, upgrades Renault
The European auto industry can expect to take a €72 billion hit over the next two years, according to Morgan Stanley. Underperformers will include Porsche and Fiat, but Renault may do better than its competitors.
Dec 11 2008
Porsche to Move Boxster & Cayman Production Out of Finland
Despite the assertion that the decision was not against Valmet, one can only wonder if the decision was really influenced by the recent Boxster crane dropping incident by Finnish pop radio station?
Jun 27 2008
Porsche Cayenne GTS US Pricing
Porsche is finally bringing the Cayenne GTS to American soil, and we have the pricing information to go with it.
Jan 29 2008
Valmet Extends Contract with Porsche
German sports car manufacturer Porsche AG has extended its contract with Finnish Valmet Automotive, to produce its Boxster and Cayman models at Valmet's plant in Uusikaupunki until 2011.
Oct 18 2007
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