Tag Archives: 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

News

Customize your Porsche 911 GT3 RS

Last week, Porsche revealed the 911 GT3 RS, a road legal sports car that brings new aerodynamic and technological solutions, taking its capabilities to the next level. Now it is possible for everyone to create their own design according to their wishes through the official configurator.

Porsche offers several body colors as standard (free of charge): White, Black, Guards Red, Racing Yellow, while Shark Blue, Arctic Grey, GT Silver Metallic, Phyton Green, Ice Grey Metallic are available as options, which cost $4,200 . Also, three types of rims are offered: 20″/21″ GT3 RS Forged Aluminum Wheels (free of charge), Forged Lightweight Aluminum Wheels ($3,080), and Forged Lightweight Magnesium Wheels that come in Forged Lightweight Magnesium Wheels in the Weissach Package with Leather /Race-Tex Interior in Black with GT Silver Stitching or Leather/Race-Tex Interior in Black with GT Silver Stitching ($4,730).

Inside, customers can choose between adaptive sports seats and full bucket seats (free of charge). Optionally, Porsche offers a Weissach package ($33,520) that brings Leather/Race-Tex Interior in black or gray. There are also 3D-printed bodyform full bucket driver’s seat (soft, medium and hard) for $3,380, ParkAssist ($610), traffic sign recognition ($450), preparation for Porsche Dashcam (front and rear) for $130, ambient lighting ($580) , vehicle keys painted incl. one key pouch in leather ($470), seat belts (Lizard Green, Guards Red, Racing Yellow, Shark Blue and Silver Grey) for $360, central tachometer in exterior colors (White, Guards Red and Racing Yellow) for $420, chrono stopwatch dial , door pull loops in Black (free of charge) and fire extinguisher ($180), BOSE® Surround Sound System ($1,600), and plenty of leather, carbon fiber, and aluminum accessories.

Porsche 911 GT3 RS is powered by a naturally aspirated 4.0-liter flat-six engine with only 518 hp (386 kW). The engine is paired with a 7-speed dual-clutch (PDK) transmission. It reaches 62 mph (100 km/h) in 3.2 seconds with a top speed of 184 mph (296 km/h). It is mounted on 20 and 21 inch forged light-alloy center-lock wheels wrapped in 275/35 R 20 (front) and 335/30 R21 (rear) tires. Three driving modes are available to the driver: Normal, Sport and Track. Optionally, Porsche offers Porsche Ceramic Composite Brakes (PCCB) with Calipers in Yellow ($9,210), Porsche Ceramic Composite Brakes (PCCB) with Calipers in High Gloss Black ($10,110), Brake Calipers in High Gloss Black ($900).

Additional equipment includes LED Headlights in Black incl. Porsche Dynamic Light System (PDLS) for $850, LED-Matrix Design Headlights in Black incl. Porsche Dynamic Light System Plus (PDLS+) for $4,010, exclusive design taillights ($990) and Auto-Dimming Mirrors with Integrated Rain Sensor ($700).

Visit the official configurator and customize your Porsche GT3 RS.

Source: 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