Tag Archives: Porsche

Auctions, News

1993 Porsche 911 RS America sold for $191,000 USD

1 Comment

In 1992, Porsche introduced the 911 RS America, a higher-performance version of the 964. It was offered with four factory options: limited slip differential, AM/FM cassette, air conditioning and sunroof. Only 701 examples of this model were produced, and one of them, the 1993 Porsche 911 RS America, sold today for $191,000.

The car is in excellent condition. It was purchased new by Brumos Motor Cars, Florida in 1993. It is finished in Grand Prix White and has only 10,000 miles on the odometer. It is equipped with a fixed rear spoiler, integrated fog lights, manually adjustable aero mirrors, sports suspension with larger-diameter front stabilizer bar, shock absorbers taken from the 911 Turbo model, black Porsche-branded calipers over cross-drilled rotors at all four corners.

Inside, the electronically adjustable seats with red belts are upholstered in black fabric that perfectly matches the colors of the door panels, dashboard and carpets. There are red pull strips on the doors, while the four-spoke steering wheel is wrapped in black leather. In the rear part there is a luggage shelf and enclosed storage compartments in place of the rear seats.

When it comes to the powertrain, the 911 RS America is powered by a 3.6-liter flat-six engine with 247 hp (184 kW) at 6,100 rpm and 228 lb-ft (309 Nm) of torque. Power is transmitted to the rear wheels via a 5-speed manual transmission equipped with an optional limited-slip differential. It reaches 62 mph in 5.5 seconds with a top speed of 162 mph (260 km/h). It’s mounted on a set of 17-inch Cup 1 wheels wrapped in 205/50 (front) and 255/40 (rear) Michelin Pilot Sport tires.

The car comes with a clean Carfax report.

Source: Bring a Trailer

News

2022 Porsche Macan goes to charity

On September 24, the 27th Leipzig Opera Ball will be held, which will be attended by athletes, politicians, businessmen and other celebrities. Between the culinary highlights and the first-class stage program of the artists, guests will have the opportunity to participate in a raffle and the main prize is a 2022 Porsche Macan.

The Leipzig Opera Ball is an annual event that raises funds for charity, and this year (9th time) Porsche will sponsor the event. That’s why the Stuttgart-based company decided to offer a specially made Macan. “With this special car, we are creating an attractive incentive to purchase tickets on the evening of the opera ball. Every ticket sold helps to implement social projects,” said Gerd Rupp, CEO of Porsche Leipzig.

This specially made Porsche Macan is painted in Signal Yellow with ‘Leipziger Opernball 2022′ and ’20 Years of Porsche Leipzig’ lettering on the door sills. It is powered by a 2.0-liter turbocharged Inline-4 engine with 261 hp (192 kW) and 295 lb-ft (400 Nm) of torque (base model). Power is transmitted to all wheels via a 7-speed dual-clutch automatic transmission. It reaches 60 mph in 5 seconds with a top speed of 144 mph (232 km/h).

Porsche is currently well positioned in the market. The intention of the company is to maintain the existing sales growth, but also that half of the sales, in the coming years, come from electric vehicles. That would be the path to fulfilling the long-term goal, which is carbon neutral by the end of the decade. When it comes to the Macan, Porsche intends to offer this model with an internal combustion engine until 2024, while an all-electric model should hit the market soon. At full capacity, the intention is to produce almost 90,000 electric Porsche Macans per year.

Source: Porsche

News

Porsche will receive an €85 billion investment

The global world crisis caused by the war and the constant political conflicts of the great powers also affected the automotive industry. Many car manufacturers are trying to find a way out of the current crisis in various ways, and one of them is Porsche, which decided to offer its shares to the market next month. Certainly, there will be no shortage of interested parties, and predictions are that Porsche will receive €85 billion ($85 billion) in investment.

According to Bloomberg, several major global investment groups and companies have shown interest in investing in the global brand. Some of them are T Rowe Price Group, Qatar Investment Authority and billionaire Dietrich Mateschitz (Red Bull). However, the largest shareholder will remain the VW Group. Plans for the Initial Public Offering (IPO) will be announced after the approval of the supervisory board.

Even before, there were interested investors, but doubts about the way the company is managed and the influence of the VW Group turned them away. This continued even more after Oliver Blume became VW Group boss.

Last year, Porsche achieved record sales growth worldwide with over 300,000 cars sold. The highest sales growth was achieved in the United States with 22 percent (70,025 cars), Germany with 9 percent (28,565 cars) and China with 8 percent (96,671 cars). The best-selling Porsche model in Europe was the Macan (88,262 units), and what is most surprising is that the Taycan surpassed the 911 model in sales, even though the popular “elf” achieved a historic result with 38,464 units sold.

In the first six months of 2022, Porsche delivered almost 150,000 cars, which is less than last year. 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. Despite the difficulties, Porsche managed to sell 62,245 cars in the Asia-Pacific region, Africa and the Middle East, while in the United States the number was 32,529. In the Chinese market, sales fell by 16 percent (40,681 vehicles).

Source: Bloomberg