October 28, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Images of 2017 Audi R8 V10 Spyder

    Porsche expects to repeat record auto sales this year

    Volkswagen‘s Porsche brand does not require a stock market listing to fund growth, Chief Executive Oliver Blume stated, adding he is sure the maker of the iconic 911 sportscar can repeat 2017’s record sales in 2018. Porsche sold 196,562 vehicles in the first nine months of the year, with Europe presenting a 9 percent increase […]

    Porsche
    Porsche Macan

    Volkswagen’s Porsche to stop offering diesel versions

    Volkswagen’s Porsche is going to stop offering diesel versions of its vehicles, the unit stated on Sunday, refining its focus on hybrid and battery-powered vehicles instead. Volkswagen has confessed that they cheated on diesel emissions tests, sending shockwaves through the auto industries and resulting in a sector-wide crackdown on polluting diesel engines. “Porsche is not […]

    Porsche , Volkswagen
    Porsche Macan

    Porsche’s head of powertrain development reportedly arrested

    German police arrested the head of powertrain development, Joerg Kerner, at Volkswagen’s Porsche business and are holding him on remand as he is considered a flight risk, a person knowledgeable about the matter stated on Friday. The arrest of Kerner was associated with ongoing inquiries into emissions manipulation at Volkswagen, over two years after the […]

    Porsche
    Volkswagen brand logo

    Volkswagen’s Herbert Diess to head volume brand division

    Volkswagen brand chief Herbert Diess is going to head up a volume brands division which consists of responsibility for Skoda and Seat, two sources knowledgeable about the matter stated on Thursday. The recently created volume brand group will also consist VW’s commercial-vehicle division, one of the sources informed. “Diess will get immense power,” he stated. […]

    Volkswagen
    Oliver Blume

    Volkswagen has no plans to sell Bentley or Bugatti brands: Oliver Blume

    Volkswagen has no strategies to sell its Bentley or Bugatti brands, the head the automaker’s high-end brand stated. “There are no factors to consider to offer anything,” said Oliver Blume, who is also the head of VW’s Porsche. He included that cooperation in between Porsche and Bentley has gained more than the originally targeted 100 […]

    Volkswagen
    Images of Porsche Mission E

    Porsche targets 20,000 electric car sales annually

    Volkswagen‘s Porsche department expects annual sales of around 20,000 for its very first all-electric vehicle, the Mission E, the high-end automaker’s chief executive informed a German publication. Porsche, the second-largest contributor to Volkswagen’s group revenue, prepares to develop at least 1,400 jobs to construct and sell its competitor to Tesla’s Model S. The Porsche Mission […]

    Porsche

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