Page 5 - Porsche

Volkswagen's billionaire clan plotted CEO ouster when he was on US trip

Decision blindsided jet-lagged CEO under contract until 2025; software missteps were last straw after labour clashes

Volkswagen ropes in Porsche CEO Oliver Blume to lead as Diess steps down

Volkswagen Group chairman and CEO Herbert Diess is stepping down from his position at the company and will be replaced by Porsche CEO Oliver Blume

German luxury carmaker Porsche forays into pre-owned car segment in India

The Porsche Approved programme is now available across India with a comprehensive warranty on pre-owned cars for a minimum of 12 months

Porsche sales in India rise 22% to 188 units in January-March quarter

The brand's SUV range comprising Cayenne and Macan continue their success in India and remain the most sold models in the range, the company said in a statement.

Audi and Porsche to enter F1, get green light from Volkswagen

There has long been talk of Audi and Porsche forming partnerships with existing Formula One teams, their most likely method of entry into the highest class of international racing

4,000 luxury cars like Lamborghinis, Bentleys, VW sink in the Atlantic

Nearly 4,000 luxury cars like Porsches, Lamborghinis, Bentleys and VW -- along with several high-end electric vehicles -- have sunk aboard a cargo ship in the Atlantic that caught fire last month.

VW keeps Porsche IPO on table amid market volatility to ignite EV push

Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer's Porsche sportscar brand as markets are roiled by Russia's invasion of Ukraine

Porsche launches all-electric Taycan range in India; starts at Rs 1.5 cr

German luxury sports carmaker Porsche on Friday launched its all-electric Taycan range in India with price starting at Rs 1.5 crore along with the latest version of its compact SUV Macan

Asked on Porsche IPO, VW CEO says we have to 'consider' tapping markets

His remarks came a day after Volkswagen unveiled a bid to buy Europcar jointly with Attestor and Pon Holdings via vehicle called Green Mobility Holding.

Unveiling its last petrol car, Lotus sets off in pursuit of Porsche

Lotus unveiled its last ever petrol car on Tuesday, a milestone in the British sportscar brand's journey towards becoming an all-electric and far bigger automaker by the end of the decade

Tesla to launch high-end Model S 'Plaid' to fend off Mercedes, Porsche

Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan

India a potential market for Panamera sedan: Porsche

Luxury sports car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan even as its focus will remain on all models across segments. Porsche India also said the launch of the new-format showrooms in Delhi and Mumbai in a short span of three months exhibits investors' confidence in its business here despite the pandemic. The company, part of the German auto giant Volkswagen group, last month rolled out the 2021 edition of Panamera in four variants -- Panamera, GTS, Turbo S, and Turbo S E-hybrid, priced between Rs 1.45 crore and Rs 2.43 crore (both ex-showroom). After setting up its first Porsche Studio in Delhi in January, the company opened another one in Mumbai earlier this week under a new dealer partner Infinity Cars Pvt Ltd, a luxury car dealership group, which represents a variety of marquee brands across different cities. "For sure, India can also become a Panamera market in future. It is also one important segment which we

India a potential market for recently-launched Panamera sedan: Porsche

Sports luxury car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan, even as its focus will remain on all models across segments.

Germany's Porsche posts record revenues of 28.7 billion euros in 2020

Despite the Covid-19 pandemic, Porsche achieved record revenues of 28.7 billion euros ($34.14 billion) in the fiscal year 2020, the German sports car manufacturer announced on Friday.

Sportcars to EVs, new wheels on the block set to drive interest in 2021

The latest sportscars, sedans, SUVs and electric vehicles to look forward to this year

Tata JLR seeks to block US imports of Audi, Porsche SUVs over patent tussle

Jaguar Land Rover Automotive Plc filed a complaint to block US imports of Porsche, Lamborghini, Audi and Volkswagen SUVs it says are using its patented Terrain Response technology without permission

Porsche and Ferrari face $59,000 tax on gas guzzlers in France

The government in Europe's second-largest auto market is planning to more than double the "malus" -- or penalty -- consumers must pay based on cars' carbon-dioxide emissions

Tesla, Wall Street's most controversial stock, on verge of joining S&P 500

With a market capitalization of about $250 billion, Tesla would be among the most valuable companies ever added to the S&P 500, larger than 95% of the index's existing components

Last Porsche 911 of a generation to be sold for coronavirus relief

The automaker will sell its final seventh-generation 911, a Speedster, in an online auction with RM Sotheby's on April 15.

Porsche to lean on green financing for its $6.6 billion electric-car plan

Porsche turned to green financing ahead of the debut of the $100,000-plus Taycan, its first battery-powered car