Porsche News

[RF1]

probably yes

[gucom]

the nose is quite awful but i like the rear wing, it suits it well imo (at least as far as i can see from these pictures)

[harryo2b]

http://www.leftlanenews.com/2006/07/...control-of-vw/

Porsche now has a say into VW!

[gucom]

they havent bought the shares yet have they? anyway, they already were the biggest single shareholder if im not mistaken...

[ae86_16v]

Originally Posted by gucom they havent bought the shares yet have they? anyway, they already were the biggest single shareholder if im not mistaken...

From the Article Harry posted:

German antitrust authorities have given approval to Porsche's plan to increase its stake in Volkswagen to 25.1 percent. That will give the sports car maker a controlling minority share in VW. The plan was first announced late last month. Porsche began expanding its stake in Volkswagen late last year in an effort to prevent hostile takeovers from other factions. VW is a critical supplier to Porsche, and their partnership is expected to widen when production begins of the 2009 Panamera sedan. Government official Ulf Boege said there were no significant antitrust concerns about the deal, as there is no risk of Porsche and Volkswagen dominating the entire German car industry. Porsche currently holds a 21.2 percent stake in Volkswagen.

[gangajas]

Sport Auto tests the 911 Turbo:

997 Turbo(manual/PCCB/Normal tires)

0-100km/h: 3.8s
0-160km/h: 8.4s
0-200km/h:12.7s
80-120km/h: 4.0s/6.0s(5/6)
80-180km/h: 9.6s/13.5s(5/6)
Hockenheim: 1.13,7min
Slalom 18m: 68.4km/h
Weight: 1580kg

[gucom]

not bad 8) and they say the tiptronic is even faster??

[gangajas]

Seinfeld sells his 993 Turbo S.
If anyone is interested:

http://gtpark.com/eve/forums/a/tpc/f...1/m/1341041202

[inso]

Was there lap at the ring, or was that only an AMS test of 997tt, not supertest?

[Deubeuliou]

the real turbo S 993 is as expensive as the UT Models 1/18th one for its scale
i thought it was "cheaper"

[TopGearNL]

/\/\ Awesome specs, looks a bit over the moon but its not ugly though! :shock:

[ae86_16v]

Originally Posted by IHT Porsche cites need for change at Volkswagen By Mark Landler Published: December 7, 2006 STUTTGART: For investors curious about Volkswagen, the first stop these days should not be Wolfsburg, the northern German city where the auto giant is based, but Stuttgart, the southern metropolis that is home to a smaller, more elite maker of sports cars, Porsche. Financial markets here are rife with speculation that Porsche intends to take over Volkswagen. It owns 27.4 percent of Volkswagen's shares, making it the largest investor, and it plans to buy more. At its annual news conference here Wednesday, Porsche acted as if it were already calling the shots. "We believe that if anybody can stand up to Toyota, it is Volkswagen," the chairman of Porsche, Wendelin Wiedeking, said at a meeting that was supposed to be about its performance. "There will be some changes. There have to be some changes, no doubt." A week after General Motors fended off a challenge from a muscular, change-minded shareholder, Kirk Kerkorian, Porsche served notice that it intended to tighten its grip on Volkswagen. It will use its $5.3 billion stake to shake up the biggest, but recently most stalled, carmaker in Europe. While Wiedeking declined to be specific about what changes he had in mind, he said he expected to get involved in all aspects of Volkswagen's business. And he said Porsche's investment entitled it to three or four seats on VW's supervisory board. It has two. "We could be passive board members or active board members," Wiedeking said during a subsequent interview. "Our intention is to be very, very active members of the supervisory board." In German business circles, Porsche's creeping takeover has become a riveting drama. Wiedeking calls it a David and Goliath tale - somewhat implausibly, given Volkswagen's frailties. Certainly, it brings together two starkly different brands - the utilitarian "people's car" and a rich man's toy - that nevertheless share a common history. Ferdinand Porsche, the patriarch of the sports car dynasty, designed the Volkswagen Beetle for Hitler. It also has political and legal ramifications, since Volkswagen is now protected from a full takeover by a German law that bars any investor from holding more than 20 percent of the shareholder vote. Wiedeking said, however, that he expected a European court to strike down the law. This would strengthen Porsche's hand relative to Volkswagen's other principal shareholder, the state of Lower Saxony, which owns about 20 percent and has resisted Porsche's growing influence. The European Court of Justice is scheduled to consider a challenge to the law Tuesday, and while it is not likely to act then, legal experts expect a ruling within the next year. If the law is struck down, analysts predict, Porsche will move quickly to buy Volkswagen. Under German law, a company that owns more than 30 percent of another company's shares must make an offer. Last month, Porsche said it would ask its shareholders for authority to issue as many as 8.75 million new shares, which it could use to finance a major acquisition. Wiedeking said a takeover was not in Porsche's current plans, but he did not rule it out in the future. "Like in a game of chess, we do not know the moves the other players intend to make," he said. "And to be taken seriously by all the other players, we need to have an appropriate level of approved capital." Porsche has the confidence that comes from being the world's most profitable major carmaker. Its sales grew strongly again in its latest financial year, which ended July 31, powered by its perennially popular 911 model. Pretax profit nearly doubled, to €2.1 billion, or $2.8 billion, because of its newly added share of Volkswagen's profit, as well as profit from stock- hedging transactions when it bought VW shares. Yet there are signs that Porsche may have peaked. The company warned that sales growth would slow in the next few years, amid struggles in the fiercely competitive American market and a lack of new models. Porsche said its sales would not spike again until 2009, when it will roll out the Panamera, a four-door sports coupe that will be its first new model since the Cayenne sport utility vehicle in 2002. But the Cayenne is also sputtering. Unit sales fell 29.2 percent in the first four months of the new financial year, reflecting both its age and the reduced appetite for SUVs in the United States. What most concerns analysts is a suspicion that Porsche's interest in Volkswagen is driven by more than economic logic. Ferdinand Piëch, chairman of VW's board, is regarded as the driving force behind a merger. As the grandson of Ferdinand Porsche, analysts say, Piëch has personal reasons to see the two carmakers reunited.

http://www.iht.com/articles/2006/12/...ss/porsche.php

[nthfinity]

Originally Posted by insane I thought they'd be putting DSG on this generation, guess they wont be able to finish it in time. Which is sad, as they were one of the first to introduce this technology. I wonder if the Turbo with a DSG box would be even faster to 100 then 3.7.

its already 3.5 seconds with "overboost" and the automatic... the funny thing about autos and turbo engines is that there is no need to go off boost with an automatic...

[TopGearNL]

Originally Posted by nthfinity Originally Posted by insane I thought they'd be putting DSG on this generation, guess they wont be able to finish it in time. Which is sad, as they were one of the first to introduce this technology. I wonder if the Turbo with a DSG box would be even faster to 100 then 3.7. its already 3.5 seconds with "overboost" and the automatic... the funny thing about autos and turbo engines is that there is no need to go off boost with an automatic...

Mmm interesting, didn't know that Nth

[TopGearNL]

Originally Posted by dani_d_mas December 7, 2006 Breakfast with Porsche: Industry News from the Top This morning, I had the opportunity to break bread with Peter Schwarzenbauer, the president and C.E.O. of Porsche Cars North America. Not a bad gig—his or mine, actually.Unlike many auto executives, Schwarzenbauer was able to announce record sales, with Porsche selling 7.2% more through November than last year (a record-breaker itself). He has every reason to expect that things won’t go down the toilet in the remaining three weeks of 2006. But our conversation covered more ground than just sales numbers. Schwarzenbauer is a very bright, articulate and candid man, and his thoughts about the industry—and Porsche’s little corner of it—are illuminating. —Don Chaikin Porsche will not introduce an “entry-level” model priced below the Boxster. Yes, Schwarzenbauer admits, a Boxster may not be most people’s idea of entry-level, but it is the bottom of the Porsche ladder and must remain so. In reality, he pointed out, the real entry-level Porsche model is a used one—though he’d prefer we say “certified pre-owned.” As for various rumblings around the press that the Cayenne is/was a disappointment, Schwarzenbauer flatly disagrees. He said Porsche hoped to sell about 12,000 Cayennes a year. As the current model is being phased out—the new Cayenne is due in March—the Porsche SUV has averaged 15,000 sales per year over its four-year life cycle. Schwarzenbauer also notes that the vast majority of Cayenne buyers did not trade in their Porsche sports car to buy the SUV. Looking to the future, Schwarzenbauer feels that the next generation of car buyers will be far less brand-loyal than the current generation. Porsche buyers, overall (it varies greatly by model) are about as loyal as the industry average. (About 45% of Porsche buyers are repeat owners , compared to 48% for the entire industry.) Yes, Porsche is working with VW and Audi to develop a hybrid, which most likely would go into the Cayenne, due “before 2010.” Schwarzenbauer says adamantly, however, that Porsche will not go diesel. Finally, Porche’s chief feels that the incentives game being played by almost every other manufacturer—Porsche has no incentives on anything—will eventually lead to the ruination of the industry. He points out that it’s critical for the consumer to realize that every time he or she buys a car based on incentives, it lowers the value of that car and those bought previously by everyone else. Popularmechanics.com So no entry-level Porsche below the Boxster, and a hybrid Cayenne before 2010

Sounds good!