Porsche Panamera

Porsche Panamera Gemballa-prepped Mistrale appeared on the internet today providing us with our first glimpse of the German tuning firm's take on the Panamera sports sedan. The company has not published any official information on the Mistrale but it's almost certain that aside from the exterior appointments, Gemballa's sport package will also comprise of chassis and engine upgrades.

From what we can tell, the Mistrale's bodykit consists of a new front bumper that includes a carbon fiber lip, air vents on the hood, a new rear skirt with integral diffuser, additional air vents and larger tail pipes plus a carbon fiber rear wing and a decorative reflector strip with firm's name between the tail lights. The beefier 22-inch alloy wheels finished in black complete the exterior styling changes. [ Via: Autoblog.nl ]

10,000th Panamera leaves the Leipzig plant

Stuttgart/Leipzig. Today, just three months after the new Panamera went on sale the 10,000th car rolled off the production line at the Leipzig plant of Dr. Ing. h.c. F. Porsche AG, Stuttgart. The 500 HP platinum silver metallic Panamera Turbo will be delivered to a customer in Singapore.

Michael Macht, Chairman of the Board of Porsche AG: “Sales of the Panamera have really taken off: we have already secured over 9,000 orders. Shortly after it was launched our Gran Turismo won the coveted “Goldenes Lenkrad” [“Golden steering wheel”] and “Auto Trophy” awards in Germany. It has also won many international prizes.” The Panamera 4S is proving particularly popular and has a share of 44 per cent - putting it ahead of the Turbo (36 per cent) and the Panamera S (20 per cent).

The company plans to build 20,000 Panamera per year across the whole product cycle. The fourth Porsche model series is being manufactured at the Leipzig plant in the so-called model mix, sharing a production line with the Cayenne SUV. The innovative, highly streamlined production is seen as a model of technological and economic excellence for the automobile industry worldwide.

Stuttgart/Leipzig. Today, just three months after the new Panamera went on sale the 10,000th car rolled off the production line at the Leipzig plant of Dr. Ing. h.c. F. Porsche AG, Stuttgart. The 500 HP platinum silver metallic Panamera Turbo will be delivered to a customer in Singapore.

Michael Macht, Chairman of the Board of Porsche AG: “Sales of the Panamera have really taken off: we have already secured over 9,000 orders. Shortly after it was launched our Gran Turismo won the coveted “Goldenes Lenkrad” [“Golden steering wheel”] and “Auto Trophy” awards in Germany. It has also won many international prizes.” The Panamera 4S is proving particularly popular and has a share of 44 per cent - putting it ahead of the Turbo (36 per cent) and the Panamera S (20 per cent).

The company plans to build 20,000 Panamera per year across the whole product cycle. The fourth Porsche model series is being manufactured at the Leipzig plant in the so-called model mix, sharing a production line with the Cayenne SUV. The innovative, highly streamlined production is seen as a model of technological and economic excellence for the automobile industry worldwide.

Source: Porsche

Volkswagen Takes 49.9 Percent Stake in Porsche AG

Further Milestone Reached on the Way Toward the Integrated Automotive Group With Porsche

Wolfsburg, Germany -- December 7, 2009 -- Volkswagen Aktiengesellschaft has today taken a 49.9 percent stake in Porsche AG. The next important step on the way towards the integrated automotive group with Porsche has therefore been completed, as announced, before the end of the year. The price for the stake is €3.9 billion and is based on the enterprise value for Porsche AG calculated under a careful due diligence and valuation procedure.

Following the Comprehensive Agreement concluded in August, the implementation agreements signed in November and the Volkswagen Extraordinary General Meeting held last week, the stake in Porsche AG represents the next milestone on the way towards the integrated automotive group with Porsche under the leadership of Volkswagen. The acquisition of the trading business of Porsche Holding Salzburg is planned for 2011. The creation of the integrated automotive group is then to conclude with the merger of Volkswagen AG and Porsche SE during the course of the same year.



The combination of the two companies follows a compelling strategic, industrial and financial logic. For the Volkswagen Group, Porsche ideally complements the brand portfolio. The Stuttgart-based car maker will allow Volkswagen to further expand its position in the premium business, which offers particularly strong earnings. In turn, as an independent brand under the roof of the Volkswagen Group, Porsche will have the potential for significant additional growth.

The transaction will have a sustained positive effect on the earnings situation of the Volkswagen Group. With a return on sales of 10.3 percent, Porsche AG is the world’s most profitable automobile manufacturer. Volkswagen will in future participate in this business success through its stake. In addition, the planned integration of Porsche in the Volkswagen Group and the associated closer cooperation will realize significant synergies on both the income and the cost side. As a result, the annual operating profit of the Volkswagen Group is expected to increase by some €700 million in the long term.

Source: Volkswagen

New 2009 Porsche Boxster S

Porsche Boxster Model year 2009 upgrades start where they do for any enthusiast machine: in the engine bay. The previous base Boxster's 2.7L flat-six has given way to a new 2.9L unit. Power rises from 245 to 255 hp; the Cayman's 2.9 is rated at 265 hp. There's no displacement increase for the S versions; it remains 3.4L, but the powerplant is largely new and boasts direct fuel injection. It spools out 310 hp in the Boxster S and 320 in the Cayman S, increases of 15 and 25 hp respectively.


Porsche's in-house developed Doppelkupplungsgetriebe -- call it PDK for short -- is a seven-speed dual-clutch transaxle that's as modern as they come. It's really two separate transmissions, each with its own clutch. PDK allows control and responsiveness the old Tip S couldn't dream of and suffers none of the friction loss of a conventional automatic. It's available as an option on both Boxster and Cayman models.Boxster interior was rightly criticized as being too cheap and chintzy, something Porsche began working on early and has continued to upgrade. The '09 boasts a first-class cabin with a new center stack and new audio options. The optional (Porsche Communication Management) system incorporates a touch-sensitive monitor for the nav, audio, and other functions.

Naturally, you can connect your iPod, link your phone via Bluetooth, and even slip the SIM card out of your phone and right into a slot on the dash for full integration with the on-board system. Order up a Bose 10-speaker surround-sound speaker system if you like. New optional seats are now heated and cooled.

Boxster are minimal. New, larger front air intakes, rear diffuser, two tailpipes, new outside mirrors. You can see for yourself when the new Boxster and the new Cayman with the same improvements enter showrooms in March in the United States.The price increases will be fairly stiff,That could a minimum of $52,000 for the base model and $61,000 for the Boxter S.

Volkswagen and Porsche become an Integrated Automotive Group

VW announced today that Volkswagen and Porsche will become an Integrated Automotive Group as the Supervisory Board approved a comprehensive agreement. The agreement says that both the solid financial base of Volkswagen and Porsche's independence will be preserved. both companies hope this agreement will result in high growth, earnings and synergy potential accompanied by job security.



Volkswagen and Porsche will total sales of 6.4 million vehicles and more than 400,000 employees.Under this agreement, Volkswagen will take a 42.0 percent stake in Porsche AG by the end of 2009. this process will end with the complete merger of Porsche SE with Volkswagen.