I bet that headline grabs your attention. I know it worked on me. However, after reading the full report I realized that while not without financial implications, it's no where near as serious as the headline editors over at TheAge.com.au would have you believe. According to their reports Porsche plans to extend their normal holiday break by an …
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Porsche Improves Power and Fuel Economy
The following press release from Porsche couldn't have come at a more opportune time. With yesterday's post on an electric Cayman from Porsche tuner Ruf and tomorrow's post about a Porsche that runs on air, better fuel economy and more power fits right in to this weeks theme of alternatively powered Porsches. While you're on the site, don't …
Continue to the full articlePorsche Delivers Cayenne Emergency Medical Vehicles to Stuttgart’s Fire Service
Porsche is making a lot of noise this month with regard to the Cayenne. Earlier this week it was the introduction of the new limited edition Cayenne Transsyberia. Today, the latest news from Germany is the delivery of two emergency medical vehicles to the Stuttgart Fire Department. Concluding a European wide open bid, these specially equipped …
Continue to the full articleImpressive North American Delivery Figures and New Management Appointed for Porsche
On Friday of last week Porsche announced their final figures (delivered units) for the fiscal year ending July 31, 2008. Besides posting record profit numbers that actually exceeded their revenue, Porsche shipped close to 34,000 units to the North American market (31,818 to the US and 1,874 to Canada.) This represents a very small drop from last …
Continue to the full articleHow did they do that? Porsche’s Profit Exceeds Revenue!!
Porsche's fiscal year ends on July 31st 2008 and if a report from Der Spiegel is to be believed, then it's been a very, very good year. Unlike most other car manufacturers, Porsche is not losing money. In fact, for all intents and purposes, they might as well be printing it. You see, expected numbers are to show that Porsche's profits actually …
Continue to the full articlePorsche Consulting appoints Dr. Wolfgang Lindheim as Chief Financial Officer
Stuttgart. The rapid development of Porsche Consulting GmbH, Bietigheim-Bissingen, calls for an expansion of management capacities. For this reason, the board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, has appointed Dr. Wolfgang Lindheim (47) as Chief Financial Officer of the subsidiary. From August 1, 2008, Dr. Lindheim will take responsibility …
Continue to the full article2009 Porsche Carrera 4 and 4S Unveiled
Stuttgart. Showing the dynamic attitude typical of the brand, Dr. Ing. h.c. F. Porsche AG, Stuttgart, are continuing the generation change of the 911 model series. Just a few weeks after the new 911s with classic rear-wheel drive, the all-wheel-drive versions Carrera 4 and Carrera 4S are now entering the market in both Coupé and Cabriolet guise. A …
Continue to the full articleNew Porsche 911 with Direct Fuel Injection and Double-Clutch Gearbox
Carrera and Carrera S Even More Economical and PowerfulThis coming Sunday marks the 60th anniversary of the first Porsche rolling off the assembly line in Germany (more on this on Monday). How appropriate for Porsche to time the official announcement of their most technologically advanced 911 yet with this historic event. While the news and …
Continue to the full articlePorsche First in J.D. Power and Associates 2008 Initial Quality Study
Two weeks ago I posted about Porsche being named the "Top Prestigious Luxury Automobile Brand for 2008." This was recognition for superior quality amongst a sampling of the "average" luxury car driver. I have average in quotes because the median income was $350k per year with an average net-worth of $3.7MM (not so average in my book). Anyway, on …
Continue to the full articlePorsche® Named Top Prestigious Luxury Automobile Brand for 2008 by Luxury Institute – AGAIN!
Interesting demographics in this press release. I know a lot of Porsche owners fit into the average income and networth groupings listed below, but I know just as many who don't. Bottom line, Porsche is a great car regardless of income, networth, etc. Congrats to Porsche for another great win! ATLANTA, May 14, 2008 – For the fourth year …
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