In a statement released earlier this week, Porsche notes that construction on their highly anticipated new museum continues to progress rapidly. Previous reports suggest the museum will be ready to open by the end of December 2008 with a public opening slated for the beginning of February. 80 vehicles have been comprehensively restored As …
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Train Wreck Damages at Least 20 Porsche 997s
Anyone waiting on the delivery of a new Porsche 997? It's possible a few of you might end up waiting just a little while longer! Early this morning two heavily loaded freight trains collided just outside of Dillenberg, Germany (about 30 miles north west of Frankfurt.) While the cause of the accident is not yet known, one of the trains was …
Continue to the full articlePorsche Sales Decline in North America
No, it's not as bad as this image represents, I just liked it better than your typical bar chart or graph that normally represents falling profits. As reported over the weekend, even Porsche isn’t immune to the impact of the current global economic crisis. As their latest sales numbers report, Porsche’s October delivery numbers in North America …
Continue to the full articlePorsche to Halt Production
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 …
Continue to the full articlePorsche 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 …
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