Porsche Eases Off Transition to Electric Vehicles amid Low Sales
German luxury carmaker Porsche is slowing its transition to mostly electric vehicles because it will apparently take longer than planned.
German luxury carmaker Porsche is slowing its transition to mostly electric vehicles because it will apparently take longer than planned.
A Chinese national allegedly “drunk driving” a Porsche at more than 100 mph has fled the U.S. after causing a fatal crash.
The famous car brand Porsche is in hot water due to its video advertisement that erased an iconic statue of Jesus Christ in Lisbon, Portugal, from the background.
A ship transporting about 4000 vehicles – including roughly 1,100 Porches and 189 Bentleys – across the Atlantic to the U.S. has been abandoned at sea and left ablaze.
A man allegedly used a check printed off his home computer to buy a Porsche in Okaloosa County, Florida, on July 27.
A Porsche Boxster traveling at a high rate of speed went airborne and crashed into a commercial building’s second floor in Toms River, New Jersey, killing both the passenger and the driver, police said.
Twitter users mocked Tesla CEO Elon Musk this week after he attempted to criticize Porsche’s new electric sports car. After Musk criticized Porsche’s usage of the term “turbo” with electric vehicles, users were quick to point out Musk’s own loose usage of language both in tweets and Tesla’s business, such as the infamous “funding secured” tweet.
Goldman Sachs has predicted a 30 percent drop in Tesla’s stock price over the next 6 months as the company faces increased competition and reportedly struggles to meet production goals.
Elon Musk tweeted his personal cell phone number this week to 16.7 million followers with the message, “Hey, give me a call.”
FRANKFURT (Reuters) – Germany’s carmakers VW, BMW, Audi, Porsche may have colluded to fix the prices of diesel emissions treatment systems using industry committees, German magazine Der Spiegel reported on Friday.
German automaker Porsche announced on Thursday it will invest tens of millions of euros in Israeli auto-tech startups, following a trend by US automakers including Ford Motor Co. and high-tech firms like Intel heavily buying into Israel’s emerging self-driving car market.
Atlanta police are reporting an alleged hit-and-run driver tried to carjack a white Porsche, only to be shot by a passenger riding in the vehicle. The incident occurred in “the Buckhead area.” CBS 46 reports that the Porsche passenger was
Consumer Reports found that a higher percentage of Tesla owners than any other car company would buy another Tesla, while the same publication rated Tesla a dismal number 25 out 29 car makers in reliability.
CEO Martin Winterkorn just stepped down as CEO of VW Group after the company admitted that for the last 6 years they had installed sensor “defeat device” software to reduce emissions readings by up to 98 percent in 500,000 diesel-powered cars sold in the United States.
A Qatari driver who raced a luxury sports car at near-triple-digit speeds around Beverly Hills on Saturday has claimed diplomatic immunity after being confronted by police.