Today, Porsche announced preliminary numbers for their fiscal year ending July 31st, 2010. Today's release includes production numbers for each model and highlights the fact that Porsche achieved their highest turnover (revenue) in company History. Conspicuously missing from the release is any discussion on profit? Here are the highlights. The …
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25,000TH PANAMERA LEAVES PORSCHE’S LEIPZIG PLANT
Only ten months after the start of worldwide sales, Porsche AG’s Leipzig factory has already built the 25,000th Panamera. The milestone vehicle, a ruby-red Panamera with an efficient 3.6-litre, 300-horsepower six-cylinder engine, will be delivered to a customer in the USA. “The benchmark performance of our Panamera V6 models wins over …
Continue to the full articleKlaus Zellmer will become the new head of Porsche Germany
The Board of Management of Dr. Ing. h.c. F. Porsche AG, Stuttgart, has appointed Klaus Zellmer (42) Managing Director of Porsche Germany, Bietigheim-Bissingen. He succeeds Bernhard Maier, who in April became Board Member of Sales and Marketing for the manufacturer of premium sporting cars. Porsche Germany is a one-hundred percent subsidiary of …
Continue to the full articleWill Porsche Create an All Electric Sports Car?
According to President and CEO Michael Macht, "We will definitely be offering an electric sports car in future. But such a concept only makes sense if it offers performance and a cruising range comparable to that of a sports car today." If Porsche's 918 Spyder Concept is a glimpse of what's to come, we say it's time to go by an extension …
Continue to the full articlePorsche 911 GT3 R Hybrid races in the USA and China
Following the impressive performance at the Nürburgring 24 hour race where the Porsche 911 GT3 R Hybrid demonstrated the potential of its groundbreaking technology over 22 hours and 15 minutes and led the overall classification for more than eight hours, the orange and white liveried 911 racer will now travel to the USA and Asia. Porsche has …
Continue to the full articlePorsche safeguards employment and increases productivity
This Wednesday, July 21, 2010, the Board of Management and the Group Works Council of the Dr. Ing. h.c. F. Porsche AG, Stuttgart, have reached a long-term agreement to secure its production locations. The new regulations will expire on July 31, 2015 and will supersede current regulations dating back to 2005. The company thereby creates the …
Continue to the full articleMatthias Müller New Chairman of the Porsche AG Board of Management
Taking effect on October 1, 2010, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, has appointed Matthias Müller (57) the new Chairman of the Board of Management of the world-famous manufacturer of premium sporting cars. Müller, moving from Volkswagen AG, Wolfsburg, to the Top Management of Porsche AG, is following in the footsteps …
Continue to the full articleBBS International receives award at Porsche Supplier Days in Leipzig
Dr. Ing. h.c. F. Porsche AG, Stuttgart, honored its ten best suppliers. First prize for this past fiscal year was awarded to BBS International GmbH from Schiltach, Germany. This company produces lightweight metal wheels for the premium sports car manufacturer. The “Supplier Awards” ceremony was held at the customer center of Porsche Leipzig …
Continue to the full articlePorsche’s 60 Year Celebration Continues with a History Lesson
With last year's introduction of the Panamera and the huge Porsche presence at the Rolex Monterey Historic races, Porsche was really just gearing up for things to come. This year's Mobil 1 12 Hours of Sebring had Porsche celebrating the 50th anniversary of their first win by Hanns Herrmann, the induction of Hurley Haywood into the Sebring Hall of …
Continue to the full articlePorsche to Unveil First Production Cayenne Hybrid, The All-New Cayenne S and Cayenne Turbo
Porsche will introduce the next-generation Cayenne sport utility vehicle, including a hybrid gas-electric version, to the North American market on March 31 during a press conference at the New York International Automobile Show. Led by a highly-advanced hybrid model, the new Cayenne delivers improved performance while using less fuel and …
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