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Porsche Working on Electric Boxsters?

Pure EVs under study as CO2 regulations and stiff fines for gas guzzlers loom large in a government-influenced marketplace.

by on Jul.26, 2010

Three Boxsters are due to test new electric drive components and battery systems for a proposed all-electric Porsche sportscar.

Porsche AG is about to start testing Boxster models equipped with an all-electric powertrain, which could eventually supplement its hybrid models that are currently starting production.

The newly confirmed program is part of the Stuttgart Model Region for Electromobility initiative, which is being advocated by a local German government.

“We will definitely be offering an electric sports car in future. But such a concept only makes sense if it offers product qualities typical of a Porsche,” said Michael Macht, the President and Chief Executive Officer of Porsche AG.

Stay Plugged In!

Defining “Porsche” has provoked quite a debate about the Southern German automaker, which made its name with small, fuel-efficient, but extremely capable variants of Volkswagens, but has since thrived as the maker of four-door sedans and sport utility vehicles.


First Look: Porsche 911 GT2 RS

Most powerful Porsche ever - image booster or the opposite?

by on May.13, 2010

The ultimate 911 accelerates from 0-60 in 3.4 seconds, has a top speed of 205 mph and laps the Nürburgring-Nordschleife track in 7:18.

The latest Porsche 911 model is without question the fastest and most powerful road-going sports car ever built in the history of the fabled German marque.

With horsepower increased by 90 and weight reduced 154 pounds (70 Kg) compared with the old 911 GT2 (last sold in the U.S. during the 2009 model year), the new GT2 RS has a power-to-weight ratio of 4.9 pounds per horsepower, the best ratio in its class.

While these numbers can be respected for what is a rare and ultra-high-performance sports car, taken in the larger context of U.S. energy independence, national security from terrorist-supporting oil nations, greenhouse gases and the latest ecological disaster – the BP oil spill/fish kill – they could be viewed differently. (Porsche Power Shift as Qatar Sheikh Joins Board and Hans-Peter Porsche Retires!)

Lightweight bucket seats of carbon-fiber plastic are standard, as are lightweight door panels with straps instead of handles.

Porsche is tacitly acknowledging the potential marketing problem it faces by touting the 2011 GT2 RS achieves a reduction of approximately 5% for both fuel consumption and CO2 emissions based on the European test cycle when compared with the previous GT2. It is engineering at its best. The question remains as to whether such a car is a positive or negative in image terms?

Moreover, insiders say the rating of the existing GT3 as a gas guzzler – currently Porsche’s only guzzler model on sale in the U.S. – was not part of the plan and is a cause for concern since the U.S. is still Porsche’s largest market, even at its now depressed levels. EPA ratings for the GT3 are 14 mpg city and 21 highway, very good given the performance involved, but perhaps approaching the lower end of the socially acceptable scale.

Porsche executives are hoping that the revised 3.6-liter six-cylinder boxer engine in the new GT2 RS will not be rated as a guzzler. Only time will tell, since the car does not go on sale until this October so it is not rated yet. And they were taken by surprise when the GT3 was dubbed a guzzler.


Porsche Power Shift as Qatar Sheikh Joins Board and Hans-Peter Porsche Retires!

Six-month figures show improvement at the loss making firm.

by on Jan.29, 2010

Keep on truckin' with new Arab leadership and a sedan and SUV as the best sellers.

Porsche Automobil Holding SE’s annual meeting saw economic reality prevail over history, as board member Hans-Peter Porsche 69, retired from office and was immediately replaced by “His Excellency” Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani, 31, as a representative of Qatar Holding LLC, Doha, on the supervisory board of the company.

The changes came at the general meeting held on Friday in the Porsche-Arena in Stuttgart. Qatar’s sovereign wealth fund acquired a 10% voting stake in Porsche last year amid the turmoil of a reckless, leveraged and failed takeover bid of Volkswagen by Porsche that ultimately saw the ouster of Porsche chief executive Wendelin Wiedeking and chief financial officer Holger Haerter.

Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani is the chairman of the board of Qatar Foundation International, USA, and is a member of the boards of Qatar National Bank, of InvestCorp and of Qatar Foundation Endowment Fund.

It appears that the Porsche and Piech families still control 90% of the remaining voting rights.


Other shareholder representatives on the supervisory board of Porsche SE are the chairman, Dr. Wolfgang Porsche, and Dr. Ferdinand Oliver Porsche, Dr. Ferdinand K. Piëch, Dr. Hans Michel Piëch and Prof. Dr. Ulrich Lehner.