There are those in the collector community today who feel they have been duped and betrayed by auction house RM Sotheby's, and the reasoning is absurd. During Saturday night's Monterey sale, RM Sotheby's brought perhaps the most valuable Porsche ever to the auction stage for bidding. The Type 64 racer is the first car ever to carry the Porsche …
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Porsche Cars North America Sales By Model: July 2019
When both Macan and Cayenne sales are up year over year, you know Porsche is celebrating a good month of US market sales. Pay no attention to the fact that 911, 718, and Panamera sales are down, they are merely the crust in the PCNA sales pie. This time last year the Cayenne was phasing out for the new model to phase in, so a massive jump from 266 …
Continue to the full articleBob Ingram Discusses The Fire Which Destroyed The Building Housing The Ingram Collection
Following the tragic explosion at the building next door to the warehouse where much of the Ingram collection was housed in downtown Durham, NC, the community rushed into action. The locals in the area, from first responders to neighbors and friends, put in time and effort to ensure everything got back to normal as quickly as possible. No loss …
Continue to the full articlePorsche Reopens the Renovated Nardò Testing Facility
Few tracks on Earth have greater claim to the word "Ring" in their name. The Nardò Ring, a circle with a circumference of 7.8 miles, is a "Ring" in the truest sense of the word. Porsche acquired the legendary testing facility in 2012, and since then has been working to exceed its former glory. It has taken seven years of working with local councils …
Continue to the full articleWill The New Mid-Engine Corvette Tempt You Away From Porsche?
The 2020 Chevrolet Corvette was launched on Thursday night and has already set the world of sports cars ablaze. It's got a very interesting set of specifications that aims it squarely at Porsche's iconic 911 for about the price of Porsche's 718. It's unlikely that the interior or driving dynamics will be quite as refined as the Teutonic …
Continue to the full articlePorsche Cars North America Sales By Model: June 2019
Porsche's North American sales folks are celebrating this weekend, and not just for Independence Day. June 2019 marks a record month for PCNA, moving a whopping 5,205 units, which is an all time record for any June in history. While many other companies are reporting decreases in sales, an industry average of about 3%, Porsche is selling more units …
Continue to the full articlePorsche Cars North America Sales By Model: May 2019
Porsche Cars North America somehow managed to sell almost exactly the same number of cars in May 2019 as it did in the same month last year, moving exactly 5 more units but with a very different product mix. Cayenne sales make up a huge percentage of last month's 5010 units. In fact, 911, 718, Panamera, and Macan sales are all decreased year on …
Continue to the full articlePorsche Fined $600 Million In Volkswagen Diesel Emissions Cheating Scandal
Following the arrest last month of Porsche's head of powertrain development Joerg Kerner, Porsche faces an astronomical $598 million fine as punishment for the company's role in the diesel emissions cheating scandal that has played out over the last few years. Prosecutors in Stuttgart on Tuesday argued that the company had neglected legal …
Continue to the full articlePorsche Introduces Biomass Electric Plants To Heat and Power Zuffenhausen Operations
In anticipation of the upcoming launch of Porsche's first full electric Taycan, the German manufacturer is looking to increase its green quotient to attract an eco conscious customer. As part of that endeavor, the factory in Stuttgart has received a pair of new cogeneration plants to heat and power the operation operating entirely on bio products, …
Continue to the full articlePorsche Cars North America Sales By Model: April 2019
Where Porsche's sales are down globally, somehow Porsche Cars North America is having a decent year as it prepares for an eighth consecutive record year of retail sales in a row. While April sales declined slightly, largely due to a decline in Macan availability as the new model has just started to roll out nationwide, the American importer has …
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