Just over a month ago Volkswagen Group CEO Herbert Deiss assured everyone on the third quarter earnings call that the company would not be selling off assets. This came in the face of growing concerns that the company was looking to offload Lamborghini and Ducati, and that Porsche might be spun off with its own initial public offering. Porsche, in …
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Porsche to reveal 718 Cayman GT4 RS and two new Taycan models at Los Angeles Auto Show
The 2021 Los Angeles Auto Show will be busy for Porsche as it is scheduled to reveal several new models. First, is the 718 Cayman GT4 RS, the most track-focused member of the 718 family to date. It features more downforce than the standard Cayman GT4 while weighing less. The high-revving 4.0-liter flat-six is also more powerful according to …
Continue to the full articleVolkswagen Group CEO says Porsche won’t be issuing an IPO just yet
In recent years it has seemed inevitable that every automotive manufacturer would be spun off into its own stock IPO. After all, why not? If Tesla can be valued over one trillion dollars, why can't Porsche? What does Tesla have that Porsche doesn't? We've recently seen Volvo's Polestar spun off and IPO'd with a SPAC. The market has been buzzing at …
Continue to the full article2022 Porsche 718 Cayman GT4 RS previewed with a Nürburgring lap time
Porsche’s most hardcore 718 model has been previewed ahead of its debut and it has also decided to flaunt its capabilities on the track. Slotting above the Cayman GT4, the 2022 Porsche 718 Cayman GT4 RS will be the most track-focused model and the first member of the mid-engine sports car family to wear the RS badge. Development driver Jörg …
Continue to the full articleSpied: Porsche 911 Safari caught playing in the rain
To the uninitiated, a lifted Porsche 911 on anything other than super sticky track tires is a terrible, terrible idea. But for enthusiasts like me, the idea of bombing across the desert or down some forest trail in a sports car with the engine hanging out the back sounds incredible. For those folks, the Porsche 911 Safari is for them. This isn't …
Continue to the full articlePorsche Taycans in the U.S. will be recalled because they’re too cautious
According to the National Highway Traffic Safety Administration (NHTSA) some Taycans have been noted to have automatically initiated their hazard signals in situations that didn't necessarily warrant it. Somehow the government agency is calling this a potentially dangerous situation, because the cars "exceed the automatic activation." The agency …
Continue to the full articleMacan, Cayenne, and Taycan lead PCNA third quarter sales, despite tiny dip
Porsche Cars North America hit a very tiny stumble in the third quarter of 2021 as global automotive supply chains continue to be a cluster of problems with semi-conductor and delivery driver shortages and ports packed with ships waiting to unload. Even with all of these problems, PCNA only experienced a 1.7 percent drop in sales year-over-year for …
Continue to the full articleFacelifted 2023 Porsche Cayenne Turbo S E-Hybrid spied!
The current third-generation Porsche Cayenne has been floating around since 2017 when the VW Group Modularer Längsbaukasten Evo (MLB evo) platform-based model bowed online as a 2018 model. The SUV shares its platform with the Audi Q7, Volkswagen Touareg, Bentley Bentayga, and Lamborghini Urus. After four years on the market, it's time for a light …
Continue to the full articleThe Porsche 928 from ‘Risky Business’ sold for $1.98 million
I've got something of a confession to make. Despite being an all-out movie buff, a Porsche fanatic, and a co-founder of Radwood, the festival that celebrates all things 80s and 90s automotive, I've never seen the early-career Tom Cruise vehicle Risky Business. I can't explain why, really, I just haven't ever gotten around to it. By all accounts …
Continue to the full articlePorsche and Siemens break ground on historic synthetic fuels plant
The Haru Oni hydrogen and e-fuel production facility, jointly developed by Porsche and Siemens Energy, has broken ground in Chilean Patagonia, just north of Punta Arenas, Chile. The pilot plant is expected to produce the future of nearly-carbon-neutral gasoline, called e-fuel, in the near future. The facility is expected to produce 34,000 gallons …
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