October 27, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Porsche Cayenne Platinum

    Porsche investigated in Germany over suspected engine manipulation

    Germany’s motor vehicle authority KBA is investigating German automaker Porsche AG over the suspected manipulation of petrol engines to achieve improved emissions details. A KBA spokesman said on Monday the investigation associated with petrol engines that Porsche, Volkswagen’s luxury sports vehicle unit, produced for the European market prior to 2017. Porsche had confirmed a report […]

    Porsche
    2018 Porsche 911 GT2 RS

    Porsche starts investigation into suspected engine manipulation

    German automaker Porsche AG has started an internal investigation into the suspected manipulation of petrol engines, German weekly Bild am Sonntag reported. Porsche has informed Germany’s automotive watchdog KBA, the Stuttgart prosecutor’s office, together with U.S. officials of suspected illegal changes to hardware and software that could impact exhaust systems and engine components, the report […]

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    Porsche Macan

    Porsche plans new plant in Slovakia, will generate 1,200 jobs

    Volkswagen’s Porsche prepares to construct a new plant to make car bodies in Slovakia, where it may create up to 1,200 jobs, according to Slovak newspaper Dennik N on Friday. The sports cars maker already has one plant in the nation and it has been working to construct a development centre. Slovakia is the world’s […]

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    Porsche Taycan

    Porsche’s fully electric sports car now available in Philippines

    The Porsche’s fully electric, four-door sports car Porsche Taycan is now available in the Philippines. The Taycan comes in three variants, and now available regionally is the flagship version, the Taycan Turbo S. The Taycan Turbo S can bring up to 761 PS. Embodying Soul Electrified, the sports car speeds up from a standstill to […]

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    Volkswagen logo

    Volkswagen to install Porsche’s CEO as Volkswagen brand chief

    Volkswagen CEO Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor und Sport stated on Tuesday citing company sources. Blume will be shifted to the VW brand to help the automaker find a grip on production issues with the VW […]

    Porsche , Volkswagen
    Bill Gates

    Bill Gates buys Porsche Taycan, Musk calls it ‘underwhelming’

    Elon Musk is not really positive about the recent car purchase of fellow billionaire entrepreneur Bill Gates. After Gates stated he purchased himself an all-electric Porsche Taycan, Tesla’s CEO took to Twitter to discuss the Microsoft co-founder. “My conversations with Gates have been underwhelming tbh [to be honest],” Musk tweeted. My conversations with Gates have been underwhelming tbh — […]

    Porsche , Tesla
    Porsche Taycan

    Porsche’s electric Taycan sees 30,000 potential buyers

    Porsche has taken down payments from 30,000 consumers in Europe for its Taycan, the luxury automaker’s first fully electric model, CEO Oliver Blume informed Germany’s Handelsblatt newspaper. These consumers have made down payments of 2,500 euros each and 10,000 of them have already booked an order to purchase a Taycan, Blume said, adding that this […]

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    Porsche Taycan

    Porsche attracts Tesla owners with electric Taycan sports car

    Porsche is experiencing a good amount of interest from Tesla owners for its new all-electric Taycan sports car, the head of the automaker’s North American operations stated. Klaus Zellmer, president, and CEO Porsche Cars North America has stated that out of “thousands” of potential U.S. consumers who have shown “sincere interest” in the sports car, Tesla owners […]

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    Porsche SE logo

    Porsche to pay 535 million euro fine over diesel cheating

    German prosecutors imposed a 535 million euro ($598 million) fine on Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which made it possible for the company to cheat diesel emissions tests. Prosecutors in the southern city of Stuttgart stated that the company’s development department had neglected its legal duties, which […]

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    Porsche SE logo

    Court rejects second investor group action against VW and Porsche

    A German court on Wednesday stated it won’t permit a second investor group action against Volkswagen and Porsche, for allegedly failing to tell investors about the Diesel scandal in 2015. Investors have brought multiple cases against both automakers in the southern city of Stuttgart, arguing that the automakers should have issued adhoc-statements previously to inform […]

    Porsche , Volkswagen
    Porsche SE logo

    Porsche SE raises voting rights share in Volkswagen

    Porsche SE, the holding company controlling Germany’s Volkswagen, on Tuesday stated it raised its voting rights share in the automaker to 53.1 percent from 52.2 percent. “We continue to believe that Volkswagen group has a significant potential to increase its value and that its current capital market valuation does not reflect this,” stated Porsche SE’s […]

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    2018 Porsche 911 GT2 RS

    Porsche is cooperating with state prosecutors into tax investigation issues

    Volkswagen’s Porsche unit on Sunday stated it was working with state prosecutors to clear up investigations into alleged tax debts associated with early retirees and taxable advantages enjoyed by former top executives. A company spokesman stated the automaker had “already responded to possibly anticipated tax payments via safety surcharges and lump sum payments.” The Bild […]

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    Jerry Seinfeld Porsche

    Seinfeld sues car dealer over allegedly fake $1.54 million Porsche

    American comedian and actor Jerry Seinfeld has filed a lawsuit against a classic car dealer accusing that it sold him a Porsche with a fake backstory that he was alleged of flipping to another collector under bogus pretexts. The “Comedians in Cars Getting Coffee” star bought the 1958 356 A 1500 GS/GT from European Collectibles […]

    Luxury , Porsche
    2020 porsche 911 carrera s images

    2020 Porsche 911 Looking Better Than Ever

    Porsche is a brand associated with it’s sleek, compact yet powerful sports cars, but their models haven’t changed much in the in intervening years. That’s what makes the new 2020 911 so exciting — Porsche is finally biting the bullet and improving the 911s model, even though the fans seem to think it doesn’t need […]

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    Porsche Panamera E

    Porsche tells officials of possible issue with emissions

    Volkswagen’s Porsche unit stated on Thursday it told German officials of potential issues with its emissions data, after a report in Germany’s Der Spiegel that the figures for its 911 models of 2016 and 2017 were not accurate. “Porsche has identified issues in connection with individual roll-out tests,” Porsche stated. The particular case involves deviations […]

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