Porsche reveals new LMP1 racecar testing ahead of 2014 Le Mans debut [UPDATE]

Successful rollout for new Porsche LMP1 sports prototype

Stuttgart. The new Porsche LMP1 sports prototype, which will compete in the sports car World Endurance Championship (WEC) and in the 24 Hours of Le Mans from 2014, successfully completed its first rollout today on the Porsche test track in Weissach. Before the eyes of some board members of Porsche AG, Porsche works driver Timo Bernhard took his new ‘wheels’ through its initial function check.

The LMP1 racer turned its first laps on the circuit several weeks earlier than originally planned. “We are well on schedule,” says Fritz Enzinger, Head of LMP1. “Our newly formed team has worked with utmost concentration on getting this highly complex vehicle on the track as soon as possible. This allows us a few additional weeks for more testing and further development. From 2014, the regulations are primarily based on efficiency. This makes the competition amongst engineers more interesting and presents us with completely new challenges.”

Since the decision in mid-2011 to return with the LMP1 racer to top motorsport as a works effort, the Motorsport Center at Weissach has grown significantly. A workshop and an administration building were built and accommodate around 200 employees who are responsible for the design, assembly and deployment of the LMP1 car. From the 2014 season, the racer will be fielded by a Weissach-based works squad.

“I was involved in the development of the new car right from the outset,” says Porsche works driver Timo Bernhard. “I’m very proud that I was the one to take our baby through its first paces today. Already now the car feels great. I look forward to testing the vehicle in the coming weeks and months with my friend and colleague Romain Dumas.” Bernhard (32) and Dumas (35) are the first two regular drivers in the LMP1 project and will carry out the majority of testing on various international circuits.

“During the development of our new LMP1 vehicle, we faced the same challenge as in the series production development of our road legal cars,” says Wolfgang Hatz, Board Member for Research and Development at Porsche AG. “Our aim was to achieve the best possible efficiency without compromising performance.”

Matthias Mu?ller, Chairman of the Executive Board at Porsche AG, particularly emphasizes the benefits customers will enjoy from the development of the high-tech race car. “The engineers were able to start with a blank sheet of paper in the design of the new LMP1 car that was out here today on the Weissach race track for the first time. Hence, they were able to apply many new technologies within the framework of the regulations that will also benefit the customers of our road legal automobiles in the future. After all, there’s a race car in every Porsche.”

About Porsche Motorsport North America
Porsche Motorsport North America (PMNA), located in Santa Ana, California, is a wholly owned subsidiary of Porsche AG and the sole sales and service provider for the German sports car maker’s North American customer sports programs. Porsche is the largest manufacturer of race cars with a wide range of products from the 911 GT3 Cup car to the ultimate 911 GT3 RSR. PMNA sells these models to customer teams in North America and provides them with parts, service and expertise in between races and at the track. The PMNA service truck is a fixture at most race tracks in the U.S. and Canada, staffed by factory engineers to service all of Porsche’s customer teams.


About Porsche Cars North America
Porsche Cars North America, Inc. (PCNA), based in Atlanta, Ga. is the exclusive U.S. importer of Porsche sports cars, the Cayenne SUV and Panamera sports sedan. Established in 1984, it is a wholly-owned subsidiary of Porsche AG, which is headquartered in Stuttgart, Germany, and employs approximately 220 people who provide parts, service, marketing and training for 190 dealers. They, in turn, work to provide Porsche customers with a best-in-class experience that is in keeping with the brand’s 63-year history and leadership in the advancement of vehicle performance, safety and efficiency.

Source Article from http://www.autoblog.com/2013/06/12/porsche-reveals-new-lmp1-racecar-testing-ahead-of-2014-le-mans-d/
Porsche reveals new LMP1 racecar testing ahead of 2014 Le Mans debut [UPDATE]
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Porsche Cayenne, Panamera production halted by flooding [UPDATE]

2013 porsche cayenne diesel Porsche Cayenne, Panamera production halted by flooding [UPDATE]

2013 porsche panamera gts Porsche Cayenne, Panamera production halted by flooding [UPDATE]If you recently ordered a Porsche Cayenne or a Panamera, delivery may take a little longer than originally expected. Automotive News reports that production of both models has been temporarily halted at the Porsche assembly plant in Leipzig, Germany as the result of supply shortages caused by flooding in the nearby Czech Republic. The reason for the stoppage is that the body of the Cayenne – currently Porsche’s best-selling model – is produced at a Volkswagen plant in the Czech city of Bratislava and shipped by train to Leipzig.

The report does not indicate why Panamera production has been stopped – that the five-door’s body is made at a separate location in Hanover, Germany. However pre-assembly will continue on these models. At full capacity, the Leipzig plant can produce about 450 vehicles per day, and it isn’t clear how long this weather-related stoppage will last.

UPDATE: Bloomberg reports that production has been restarted at the plant, albeit slowly. Cayenne production has gingerly begun after the flood stoppage, and Panamera “pre-assembly” is moving forward as well.

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Porsche Cayenne, Panamera production halted by flooding [UPDATE]
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Porsche Cayenne, Panamera production halted by flooding

628x419x2013 porsche cayenne diesel.jpg.pagespeed.ic .lFAbgX9UUv Porsche Cayenne, Panamera production halted by flooding

250x157x2013 porsche panamera gts.jpg.pagespeed.ic .4XRqUnhRJY Porsche Cayenne, Panamera production halted by floodingIf you recently ordered a Porsche Cayenne or a Panamera, delivery may take a little longer than originally expected. Automotive News reports that production of both models has been temporarily halted at the Porsche assembly plant in Leipzig, Germany as the result of supply shortages caused by flooding in the nearby Czech Republic. The reason for the stoppage is that the body of the Cayenne – currently Porsche’s best-selling model – is produced at a Volkswagen plant in the Czech city of Bratislava and shipped by train to Leipzig.

The report does not indicate why Panamera production has been stopped – that the five-door’s body is made at a separate location in Hanover, Germany. However pre-assembly will continue on these models. At full capacity, the Leipzig plant can produce about 450 vehicles per day, and it isn’t clear how long this weather-related stoppage will last.

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Porsche celebrates 50 years of 911s with limited edition model

911 50th Anniversary Edition

ATLANTA, June 3, 2013 – The Porsche 911 resolves apparent contradictions like no other sports car – such as between tradition and innovation or between exclusivity and high social acceptance, and of course between performance and efficiency. And so, Porsche is celebrating the 50th anniversary of the 911 at the International Motor Show (IAA) in Frankfurt with a special anniversary model based on the 911 Carrera S: like the original 911, the 911 50th Anniversary Edition is a coupe with a flat-six rear engine and rear wheel drive. Its efficient performance, active sport suspension – and special body have current relevancy: the anniversary 911 features the wide body, which is typically reserved for the all-wheel drive Carrera 4 models. This special edition will be limited to 1963 cars, a number that represents the year of the 911 world premiere.

For the US market, the 911 50th Anniversary Edition will be equipped as standard with a Powerkit, which increases engine performance to 430 hp and includes the Sport Chrono Package. The 911 50th Anniversary Edition sprints from zero to 60 mph in 4.2 seconds (3.8 with PDK) and can reach a top speed of 186 mph (185 with PDK). The limited edition models will be available at Porsche dealers this fall and will be priced from $124,100, not including a $950 destination charge.

Porsche will present the limited edition model in time for the 50th anniversary of the 911 at the IAA motor show in Frankfurt, which opens its gates to the public on September 12, 2013. In 1963, Porsche presented the original model to the public at this leading international show for the automotive industry. Since its first presentation – initially as the type 901 – the sports car icon has excited automotive fans across the globe, and today it is considered the reference for all other sports cars. Since making its debut in 1963, the model series has progressively developed without interruption. In the process, the unique character of the 911 was always preserved. The result of this evolution over a 50-year period – which included countless race victories as well – is a sports car that fully embodies the authenticity of the Porsche brand. Its DNA is reflected in all Porsche models.

This limited edition of the 911 Carrera S includes features that have contributed to the 50-year success story of the 911. For example, the limited edition includes Porsche Active Suspension Management (PASM) with special tuning to complement its increased track width and to add support to the exceptional cornering dynamics of the 911. The sport exhaust system outputs a fitting emotional sound. Special 20-inch wheels are a visual tribute to the legendary “Fuchs” wheels and are finished in matte black paint with machine-polished centers. Chrome trim strips on the front air inlets, the fins of the engine compartment grille and the panel between the rear lights emphasize the distinctive appearance of this limited edition model. Another technical highlight of the car’s equipment is the Porsche Dynamic Light System (PDLS) with bi-xenon headlights and dynamic cornering lights.

Two unique colors are available for the anniversary 911, a darker graphite grey and a lighter geyser grey metallic. In addition black monochrome is also available. Each of the cars has a two-tone 3D-effect badge on the rear lid with the numbers “911 50″. This is repeated in three color embroidery on the headrest and in two colors as a logo on the tachometer and the aluminum door sill plates. It can also be found on the cup holder panel together with the limited edition number of the individual vehicle. Other exterior characteristics of the special model are high-gloss window frames and sport design exterior mirrors on the doors panels.

There are tributes to the original 911 in the interior as well: green labeling on the instruments with white pointer needles and silver caps on the instrument pivot pins, just like 50 years ago. Another special feature is the center panels of the leather seats, which are designed with a fabric pattern reminiscent of the “Pepita” tartan design from the 1960s. The full-leather interior is designed in agate grey or black with decorative stitching, some in contrasting color. The driver and front passenger experience typical 911 driving fun in 14-way sport seats or optional 18-way sport seats plus. The gear shift or selector lever – which matches the decorative panels on the dashboard, doors and center console in brushed aluminum – comes from the Porsche Exclusive program.

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Porsche Australia price cuts in excess of $36,000 irks customers

628x417x2013 porsche panamera blue.jpg.pagespeed.ic .igLeA3PGwS Porsche Australia price cuts in excess of $36,000 irks customers

Have you ever gone to the store, only to become irked after learning that the new [*insert widget here*] that you bought just last week has gone through a price drop? If you’re particularly thrifty, even if it’s only a couple of bucks, you probably brought in your receipt to see if the store would issue you a credit for the difference. Now, imagine that the widget in question isn’t a minor purchase, it’s a Porsche – and the price drop isn’t just a few bucks – it’s thousands.

That’s the unhappy scenario that recently faced a number of Australian luxury car buyers and the uncomfortable conversation awaiting the German automaker. According to GoAuto, Porsche Australia recently whacked up to $36,000 off the price of its models in order to jumpstart sales Down Under – the Panamera range itself saw cuts between $5,500 and more than $36,000. The aggressive price cut was a strategy designed to drive sales of more than 3,000 cars locally, a yearly goal originally set for 2018, but now hoped for as early as 2016.

Australia is known for its comparatively high car prices, so the dramatic price cuts were undoubtedly welcome news to potential Porsche shoppers. However, around 50 existing customers were understandably agitated by the reductions because they purchased their cars just before the adjustments took effect. Not only did they stand to lose out on the deals, they also had good reason to fear that their new cars’ residual values would take a beating.

GoAuto indicates the automaker was prepared for exactly this scenario, however, and they even had “a process in place for customers to address their concerns.” That’s according to Porsche Australia managing director Michael Winkler, who also noted that of the 50 or so concerns, 40 of them were “of a very minor nature.” Each case was reviewed and, Porsche maintains, resolved amicably, though it isn’t going into the details of how each customer was satisfied.

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Porsche Macan to debut at LA Auto Show

porsche macan 628 Porsche Macan to debut at LA Auto Show

Auto Express reports Porsche will unveil the upcoming Macan SUV at this year’s LA Auto Show. Citing an unnamed “insider,” AE says that the five-door will bow with engines, suspension and interior architecture that will help differentiate it from its Audi Q5 chassis mate. Big shocker there. We’ve been hearing the same line since we first caught word of the Macan back when it was still rolling around under the Cajun name. The report does shed some light on the model’s pricing, however. That same insider says the Porsche Macan will carry a price tag of 36,000 pounds.

What does that mean for American buyers? Do some quick math based on current conversion rates, and average UK and US prices, and we come up with a sticker of roughly $42,000 here in the land of the free. That fits in line with the rest of the company’s stable, with the larger Cayenne starting at $49,600.

Still, we’ll wait for more concrete word before jumping behind the AE report wholeheartedly. The 2013 LA Auto Show gets going in late November.

Related GalleryPorsche Macan Spy Shots
001 porsche macan spy shots 1358455325 thumbnail Porsche Macan to debut at LA Auto Show002 porsche macan spy shots thumbnail Porsche Macan to debut at LA Auto Show003 porsche macan spy shots thumbnail Porsche Macan to debut at LA Auto Show004 porsche macan spy shots 1358455328 thumbnail Porsche Macan to debut at LA Auto Show005 porsche macan spy shots 1358455331 thumbnail Porsche Macan to debut at LA Auto Show006 porsche macan spy shots 1358455333 thumbnail Porsche Macan to debut at LA Auto Show007 porsche macan spy shots 1358455336 thumbnail Porsche Macan to debut at LA Auto Show008 porsche macan spy shots 1358455343 thumbnail Porsche Macan to debut at LA Auto Show

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Porsche again staring down another $1.8B in hedge fund lawsuits

vw porsche crests Porsche again staring down another $1.8B in hedge fund lawsuits

The sequence of events from 2007 that began with Porsche’s secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn’t trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche’s actual intentions were revealed, the stock shot up and the hedge funds took a beating.

The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn’t commented on the refiling, but as the same plaintiffs are involved, it’s safe to assume that the carmaker still feels the case is “unsubstantiated and without merit.” It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.

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Supercar parade entering highway is mesmerizing

supercar parade m6 Supercar parade entering highway is mesmerizing

In what must have looked and sounded to motorists on the M6 like an invasion of The Swarm, a parade of 50 enthusiast gems leaving a charity event were caught shooting down the on-ramp and merging into traffic. There were plenty of Porsches joining the 959 and Ducktail above, Aston Martins going back to the badboy V8 of the last millennium, a Ferrari Testarossa, a TVR and numerous other Easter eggs.

There were not, however, plenty of turn signals, with someone counting just five among the fifty engaging in proper use of the blinker. One reason put forth for that is the same reason we’re posting this video, which is from last Summer, below: “because supercar.” Enjoy.

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