Page 4 - Porsche

Porsche crash: Why bus drivers not told to write essays, asks Rahul Gandhi

The Porsche crash incident in Pune involves a drunk minor, who killed two people with his speeding Porsche in the city's Kalyani Nagar area on pre-dawn Sunday

Pune Porsche Accident: Father of minor arrested & other updates

The Pune Police have arrested the father of the 17-year-old boy who was driving a speeding Porsche, and crashed into a motorcycle, claiming two lives. Watch the video for details.

Father of Pune teen, who killed 2 bikers with speeding Porsche, arrested

The 17-year-old minor was involved in a tragic car accident that claimed two lives on Sunday morning in the Kalyani Nagar area of Pune

Teen Porsche driver kills 2 in Pune crash, gets essay writing punishment

Two people died in Pune on pre-dawn Sunday after a speeding luxury Porsche car rammed into their motorcycle from behind in the Kalyani Nagar area

Vehicles with Apple's next-generation CarPlay system set to arrive in 2024

Previewed at its WWDC in 2022, the next-generation Apple CarPlay is said to be an all-round in-car software solution with deep integration with the vehicle and more personalisation options

Porsche expects around 80% sales in India from EVs by 2030: Senior official

German luxury sports car maker Porsche AG expects around 80 per cent of its sales in India to come from fully electrified vehicles by 2030 and is lining up three such new vehicles to be introduced here early next year, a senior company official said on Tuesday. The company, which sells a range of luxury sports cars and SUVs priced between Rs 88 lakh and Rs 4.26 crore, is targeting GenZ customers, start-up entrepreneurs and women as it seeks to strengthen brand presence in India, Porsche AG Executive Board Member for Sales and Marketing Detlev von Platen told PTI in an interview. Porsche, however, has no plans in the short to medium term to locally assemble its vehicles in India, as it is focusing on establishing and strengthening the brand in India. "We announced that we want to be net carbon neutral by 2030. So, coming from a car manufacturer, which is more sporty-oriented, it was interesting to hear (that). By 2025, 50 per cent of our cars will be electrified, and by 2030, we expe

Porsche announces extended involvement through Formula E season 2025-26

Porsche and Formula E have announced that the sports car manufacturer has extended its involvement in the all electric racing series through season 2025/2026. Porsche entered Formula E in 2019 with an initial five-year commitment until the end of the forthcoming Season 10 which will conclude in July 2024. Monday's announcement confirms the team will continue to compete in the premier all-electric motorsport world championship through the GEN3 era racing the Porsche 99X Electric car. Porsche also confirmed it will continue to play an active role in shaping the successful future of Formula E and is already involved in the design of the fourth generation of race car which will enter the championship from season 13. This season has been the most successful for TAG Heuer Porsche Formula E Team since it entered Formula E. Pascal Wehrlein and Antnio Flix da Costa have won four of the 14 races to date three and one victory respectively. For the first time this season, Porsche is supporti

Porsche Design AOC Agon Pro Gaming Monitor launched in India at Rs 2,34,990

Porsche Design and AOC have introduced the first gaming monitor in India especially designed for gamers and content creators

Sachin's love affair with luxury cars continues; buys Lamborghini Urus S

While the Urus S is Sachin Tendulkar's first Lamborghini, his garage already houses an impressive collection of luxury cars

5 automakers to voluntarily recall over 23,000 vehicles over faulty parts

Porsche Korea, Honda Korea and three other auto companies will voluntarily recall over 23,000 vehicles to fix faulty components, the transport ministry said

Luxury automaker Porsche's delivery in India rises 64% to 779 units in 2022

German sports Luxury car maker Porsche on Friday said its delivery of cars in India increased 64 per cent in 2022 to 779 units against 474 units in 2021. The massive surge in sales was driven by a strong interest among the buyers for its SUVs and sports cars, with a 69 per cent growth in the sales of SUV models, Porsche India said in a statement. The premium carmaker said the sales include 78 units of its all-new electric Tycan (launched in December 2021) in the 12-month period. Manolito Vujicic, Brand Director, Porsche India, said the strong result shows the upward trajectory that started in 2021 was maintained through 2022. "It has been a strong year for Porsche India with a 69 per cent growth in the sales of our SUV models, highlighted by our top-selling model, the Cayenne, ending the year with 399 retail units," said Vujicic. During the previous year, he said, Porsche India set up three new dealerships in Bengaluru, Chennai and Kolkata besides introducing the approved programm

British supercar brand McLaren Automotive drives into the Indian market

10 models of British automaker's made-to-order India models sold in pre-launch phase

Porsche India reports 37% rise in sales to 193 units in third quarter

Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022. The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India. Retail sales of 193 units during the third quarter helped Porsche India reach 571 deliveries so far in 2022, surpassing the previous best full-year total of 534 units delivered in 2013, it said in a statement. On a consolidated basis, it has delivered 71 per cent growth in its car sales in the first nine months -- January-September -- of the current year, it added. Porsche India, which is a part of the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), had retailed a total of 378 cars in the domestic market in the first half of this year. "By stimulating the market with Porsche Exclusive Manufaktur (programme) showcases through our dealerships, we have generated a buzz that will help carry the momentum into the fourth quarter and next year," said Manoli

Porsche overtakes Volkswagen as Europe's most valuable carmaker

Volkswagen is valued at 77.7 billion euros with Mercedes-Benz third among European carmakers with a 57.2 billion euro valuation

Porsche shares rise despite weaker markets after landmark $72-bn listing

Volkswagen priced Porsche AG shares at the top end of the indicated range and raised 19.5 billion euros from the flotation to fund the group's electrification drive

Volkswagen readies Porsche IPO in one of Europe's largest listings

Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history. The German automaker estimates the deal could reap as much as 9.5 billion euros ($9.08 billion) that it can use for its push into software, services and electric and autonomous vehicles in line with the shifting focus of the global auto industry. Volkswagen was finishing the process of lining up investors and determining the final share price, which requires a decision of its board of directors, before the listing Thursday. The deal enables Volkswagen to tap into investor interest in Porsche, whose fat profit margins of 15% to 20% on vehicles like the 911 sports car and Cayenne SUV are far above the single-digit profits common to mass-market automobiles. The proceeds will help pay for Volkswagen's massive investments in revamping factories and research and development, sa

Porsche IPO poised to price at top end of range, say bookrunners

Volkswagen, Europe's largest carmaker and Porsche's owner, said earlier this month it would price preferred shares at 76.50-82.50 euros, giving a valuation of up to 75 bn euros

Boost for Europe market as Porsche IPO to raise up to $9.4 bn for parent VW

Porsche isn't alone in scaling back valuation targets, with Intel Corp. lowering expectations for its Mobileye IPO

Volkswagen to list Porsche in one of biggest IPOs in years: Report

The offering could value Porsche at between 60 billion euros and €85 billion, equivalent to between $59.8 and $84.6 billion, according to analyst estimates

Volkswagen AG seeks to defy market gloom going ahead with Porsche IPO

Volkswagen AG is planning the initial public offering at the end of September or beginning of October, subject to further developments in capital markets