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Porsche plans pure electric sportscar

Porsche plans pure electric sportscar

Porsche, the Stuttgart-based sports carmaker plans to build a full electric car, Germany’s Auto Motor und Sport magazine reported on Thursday. According to the same source, Porsche, which is well known for the iconic 911 model will introduce the full electric sportscar somewhere in 2018 – 2019 and most probably […]

Porsche breaks ground on new North America headquarters in Atlanta

Porsche breaks ground on new North America headquarters in Atlanta

Porsche Cars North America today celebrated a landmark groundbreaking of its new headquarters in Atlanta, Georgia. The 26.4-acre site, which will be known as One Porsche Drive, is located near Hartsfield-Jackson Atlanta International Airport and is the first complex to be build in the “Aerotropolis Atlanta” business district. Once the […]

Porsche’s August Sales Up 21%

Porsche’s August Sales Up 21%

In August Porsche reported global sales up 20.8% to 10,912 units, compared with the same period last year. “Thanks to our strong brand, along with the most attractive range of models of all time, we are still on the course for growth. At the auto show in Paris, we shall […]

Porsche to avoid taxes in VW deal

Porsche to avoid taxes in VW deal

Volkswagen AG said Saturday it may be able to complete the merger with Porsche AG without paying any taxes, Wirtschaftswoche reported, without saying how it got the information. “The evaluation hasn’t been finalized yet. As soon as we have the necessary clarity we’ll inform about it in due course,” Volkswagen […]

Porsche global sales up 7.2% in April

Porsche global sales up 7.2% in April

Porsche, the maker of the iconic 911 Turbo said Monday global sales in April rose 7.2 percent on the year to 12,588 vehicles, fueled by the new-generation 911 model. “With a new best performance for customer deliveries in April, we are on track for our (growth targets until) 2018,” Porsche […]

Porsche reports strong profit gain in Q1

Porsche reports strong profit gain in Q1

Porsche AG, the German sportscar maker unit of Porsche Automobil Holding SE (PAH3.XE), said first-quarter operating profit rose 18 percent, powered by rising demand for sports cars in United States, China and Germany. Porsche increased its worldwide sales by 29 per cent to 30,231 vehicles. Compared with the same quarter […]

Best Year for Porsche Leipzig

Best Year for Porsche Leipzig

Porsche Leipzig GmbH dubbed 2011 as the best year in its history. The entire year the company hit amazing production numbers: 93,838 vehicles at Saxony site, 62,004 at Cayenne and 31,834 at Panamera. “We were able to increase production in Leipzig by 47 per cent compared with the year before […]