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02 Jul 2009

Latest Porsche News

By the Numbers - June 2009: Bankruptcy a Bad Idea Edition

FoMoCo falls only 11%, Chrysler Group drops 42% Want more proof that Ford Motor Company made the right move in avoiding bankruptcy, unlike General Motors and the Chrysler Group, its cross-town rivals? Sales figures for the month of June 2009 show that Ford sharply lessened its sales slide with a fall of just 10.85 percent versus the same month last year. Compare that with drops of 33.6 and 41.85 p   ...read more


Source: Auto Blog

Published: Wed, Jul 1 2009

REPORT: Porsche R&D says electric 911 possible, needs more development

 from Auto Blog

eRuf Greenster - Click above for high-res image gallery In an interview with German magazine Motor Zeitung, Porsche's R&D director Wolfgang Dürheimer discussed the possibility of electrifying the iconic 911 sports car. Legendary Porsche tuners Ruf first showed a battery-powered prototype 911 called the eRuf last fall and then revealed a second-generation version (pi   ...read more


Source: Auto Blog

Published: Wed, Jul 1 2009

Porsche to introduce diesel Panamera

Porsche is planning to introduce a diesel engine to its new four-door Panamera model.   ...read more


Source: Channel 4

Published: Wed, Jul 1 2009

Driven: Porsche Panamera Turbo (First drive)

 from The Car Enthusiast

Porsche adds a four-seat 'saloon' to its range, its new Panamera aiming to be all things to all people. Especially in Turbo guise.   ...read more


Source: The Car Enthusiast

Published: Wed, Jul 1 2009

Porsche denied government loan

Porsche has announced that its loan request with KFW — Germany’s state bank — has been rejected. The German automaker was seeking a $2.5 billion government loan but will now be forced to find “alternate” financing sources. Porsche was planning to use the government loan to shore up its worsening financial condition but will now [...]   ...read more


Source: Leftlane News

Published: Tue, Jun 30 2009

Porsche Rejects Volkswagen's Buyout Offer, Looking at Sale of Stake to Qatar

Porsche accuses VW of issuing an unacceptable ultimatum and is now talking to Qatar about the sale of a major stake.   ...read more


Source: Edmunds Inside Line

Published: Tue, Jun 30 2009

The Sheik Wants Porsche and Volkswagen

Porsche finally has a written offer from the Sheik of Qatar, if the Frankfurter Allgmeine’s sources are not mistaken. It sounds pretty official: “We have a written offer of the Qatar Investment Authority which details their engagement in the Porsche Holding SE and their purchase of our options for Volkswagen stock,” said a Porsche spokesperson [...]   ...read more


Source: Truth about Cars

Published: Tue, Jun 30 2009