Tag Archives: Porsche

News

Porsche’s CEO is the new head of VW

One of the largest car manufacturers in the world will soon have a new CEO. The current CEO of the VW Group, Herbert Diess, will resign at the end of next month, and from September, the former CEO of Porsche, Oliver Blume, will take over.

The German company did not say why Diess resigned. He came to Volkswagen from BMW in 2015, at a time when the company was rocked by the Dieselgate affair. Diess is credited with ushering the company into a new era, encouraging major investment in electric vehicle production, with the goal of selling one million electric cars a year by the middle of this decade.

With the new CEO, the VW group will certainly not lose, what so ever, they will get someone who knows the situation in the company very well. Blume will become CEO in early September, and should be a long-term solution for VW. One of the first big challenges for him will be to find a potential investor, given that VW has previously established the framework for a potential initial public offering.

After joining the VW Group in the mid-90s, this will be Blume’s biggest challenge yet. In a statement to the media, he did not hide his enthusiasm for the new position. He said his focus will be on customers and products.

Source: VW Group

News

Porsche sales results in the first six months of 2022

After the record sales results achieved last year, this year will not be so successful for Porsche. In the first quarter of 2022, Porsche sold over 68,000 vehicles worldwide. Now the Stuttgart-based company announced that it delivered almost 150,000 vehicles in the first half of this year.

Due to all the difficulties faced by the automotive industry, Porsche is nevertheless satisfied with the achieved results. The pandemic and the supply chain caused the most problems. Despite this, growth was achieved in some markets. For example, in Europe, compared to last year, sales increased by 7 percent (43,087 vehicles), and in Germany alone, 13,785 vehicles were sold.

“We and our dealers have successfully navigated a first half-year shaped by external factors and uncertainties. In addition to the difficulties posed by the resurgence of the COVID pandemic in China and other markets, ongoing supply-chain- and logistics-related challenges have accompanied us. At the same time, the desirability of our brand and the popularity of our products remain strong. We expect the second half-year to be dynamic. As in previous years, we are optimistic about the future and determined to go full steam ahead with the remaining months of the year,” says Detlev von Platen, Board Member for Sales and Marketing at Porsche AG.

Porsche sales results in the first six months of 2022 (1)

When it comes to the rest of the world, there was a decline in sales. Despite the delivery difficulties, Porsche managed to sell 62,245 vehicles in the Asia-Pacific region, Africa and the Middle East, while in the United States the number was 32,529 vehicles. In the Chinese market, sales fell by 16 percent (40,681 vehicles).

The highest demand is still for SUVs, of which the most sold are Cayenne (41,947), Macan (38,039), Taycan (18,877). Of the sports models, the most delivered were 911 models (21,616), Panamera (15,604), 718 Boxster and 718 Cayman (9,777).

Porsche hopes that the rest of the year could bring better results, but given the current situation in the world, it will be difficult to achieve.

Source: Porsche

News

1977 Porsche 928 for sale

Strosek Auto Design is a company that has been modifying Porsche cars for decades, especially the 911. Now, an exceptional car modified by this company has appeared on the market, the 1977 Porsche 928.

This unique car is painted blue and equipped with distinctive Strosek parts. These include wider front and rear wheel arches and a changed shape of the doors. The car is also equipped with a set of BBS rims that perfectly match the model from this era. Now the Porsche 928 looks significantly more aggressive than the standard one.

Inside, the seats are upholstered in brown leather combined with fabric. Leather also covers the dashboard, door panels where fabric can also be seen, the center console, pillars and roof.

The Porsche 928 is powered by a 4.5L V8 engine with 237 hp (177 kW) @ 5250 rpm and 268 lb-ft (363 Nm) of torque @ 3600 rpm. It reaches 60 mph in 6.4 seconds with a top speed of 143 mph (230 km/h). The engine is paired with a 5-speed manual transmission.

The car has 159,000 kilometers on the odometer. The asking price is CHF 56,000 (EUR 56,850).

Source: Zwischengas