Porsche profits up a massive 59 percent

August 2nd, 2011 by Darren Cottingham

Despite the global recession and continued economic uncertainty, the world’s premium car brands are enjoying big sales and profits. The reason comes from the emerging markets such as China and Russia where expensive luxury and performance cars are in hot demand.

Ferrari, Bentley and Mercedes-Benz have all announced record profits recently, and now Porsche is joining the fray with the announcement that its profits are up a staggering 59 percent compared with the same period last year.

In the first half of 2011, Porsche was busy generating an operating profit of $1.54 billion USD. There was a 26.3 percent increase in sales to 56,272 vehicles, and with the all-new 2012 Porsche 911 expected later this year, sales figures are expected to continue to climb. Continue reading “Porsche profits up a massive 59 percent” »

Porsche Panamera Diesel arriving in NZ this September

May 4th, 2011 by Darren Cottingham

Porsche has released specifications and a initial batch of  images for its new Panamera Diesel model with news that it’s coming to NZ.

Under the bonnet of the newest Panamera variant is a specially tuned version of Porsche’s 3.0-litre V6 TDI engine. Power output is rated at 184 kW between 3,800 rpm and 4,400 rpm and there’s 550 Nm of torque on tap from 1,750 rpm to 2,750 rpm. Shifting gears is an eight-speed Tiptronic S transmission that turns the rear wheels. Performance figures are quoted at 6.8 seconds for the 0-100kph sprint and a top speed of 242 km/h. The new engine features various technological innovations, such as common rail direct injection through piezo valves, electrically controlled variable geometry turbochargers (VGTs), controlled exhaust gas recirculation, oxidation catalyst and particle filter.

The diesel variant will join the S Hybrid as the most fuel-efficient models in the Panamera range and with the help of a start/stop system achieves a fuel consumption figures of 6.5 l/100km combined. With an 80-litre fuel tank, the Panamera Diesel offers a theoretical driving range of 1200km from a full tank. An impressive result for performance focused large sedan.  Continue reading “Porsche Panamera Diesel arriving in NZ this September” »

Porsche pulls covers off Panamera Turbo S – NZ bound

March 31st, 2011 by Darren Cottingham

Porsche has officially unveiled it’s new top-spec Panamera Turbo S before it’s scheduled reveal at the New York Auto Show. The Turbo S is set to be the most powerful and quickest version of the Panamera to date and features a host of mechanical and styling upgrades.

The 4.8 litre, V8 twin turbocharged engine now delivers 410 kW – an increase of 10 per cent or 37 kW over the already very powerful engine in the Panamera Turbo. At the same time, torque also increases from 700 to 750 Nm. In the “Sport” and “Sport Plus” mode and during kick-down in normal mode a full 800 Nm is available through ‘overboost.’

With Launch Control (part of the standard Sport Chrono Package Turbo) the 0-100 km/h sprint takes just 3.8 seconds and top speed is a reckless 306 km/h. Porsche says that despite the increased performance, fuel consumption remains at a similar level to the Panamera Turbo. Official figures are 11.5 L / 100 kms combined falling to 11.3 L / 100 kms when fitted with the optional 19 inch, all-season Michelin tyres with optimised rolling resistance.

The increased performance compared with the Panamera Turbo is due to two main enhancements:

Improved turbochargers with titanium-aluminium turbine wheels and modified engine control. The use of the innovative titanium-aluminium alloy reduces the weight of the turbine and compressor wheel. This results in a lower moment of inertia and therefore improved engine responsiveness. Continue reading “Porsche pulls covers off Panamera Turbo S – NZ bound” »

Porsche considering smaller Panamera – the ‘Pajun’

March 28th, 2011 by Darren Cottingham

The internet has become rife with rumours of a new Porsche mid-size vehicle which would see the German carmaker move further from a niche sports car brand into full product line status.

With the Panamera proving to be another sales success for Porsche, a new report has been released indicating the likely development of a smaller model to battle the BMW 5-Series and Mercedes E-Class.

Tentatively dubbed the Pajun – short for Panamera Junior – the car would mix Porsche styling cues with a four-door coupe design. In theory it would be a smaller, cheaper version of the Panamera.

Under the bonnet there are rumours the Pajun would receive a 400 – 550 horsepower V8 engine, plus a powerful diesel and possibly an entry-level V6 mill. Given that the Pajun wouldn’t reach production until 2015 at the earliest a hybrid version is also very likely. Continue reading “Porsche considering smaller Panamera – the ‘Pajun’” »

Porsche records highest turnover in its history

September 30th, 2010 by Darren Cottingham

Porsche announced yesterday that this year it has achieved the highest turnover in the company’s long history. It’s an amazing result and bucks the trend of falling sales on luxury vehicles that many automakers have experienced. According to Porsche’s preliminary figures, the German company had a growth of 17.9 percent to 7.79 billion Euros this year. Porsche’s sales this year have also risen by 8.8 percent to 81,850 (previous year: 75,238) vehicles.

Porsche’s success can be attributed to more than just an expanded model range with significant growth in sales experienced outside the European and North American markets. Other markets accounted for 25.8 percent growth to 25,283 vehicles. With 11,724 units being sold in the growing Chinese market alone.

Porsche’s success was generated in part by the new model Cayenne and Panamera but the new 911 Turbo and Turbo S have also chipped in and boosted sales.

Click here to read a Car and SUV review of the Porsche Panamera (pictured).

Porsche builds 25,000th Panamera… already

August 2nd, 2010 by Darren Cottingham

When the Porsche Panamera was introduced last year, many dismissed the sedan as oddly proportioned and thoroughly unattractive. As the media began to test and review the all-new Porsche, it was a different story and the Panamera was given big ups for its dynamic handling and excellent powertrains. Now, less than a year after the vehicle’s introduction, Porsche has reason to celebrate as the Leipzig factory has just built its 25,000th Panamera. That’s not much for a mass-market automaker, but seriously good-going for a sports car maker that in most years is happy to produce 100,000 models globally.

Panamera number 25,000 is Ruby Red and packs a 300-horsepower 3.6-litre V6 that was added to the range back in May. The special Panamera will be delivered to the U.S. market, where to date 5,000 of the sedans have been sold. Porsche looks to keep up the Panamera momentum with a hybrid variant that is expected to arrive sometime next year.

Click here to read a Car and SUV review of the 2010 Porsche Panamera.

TechArt Panamera Black Edition gets matt finish

April 19th, 2010 by Darren Cottingham

German tuners TechArt have added another option to its range of upgrades for the Porsche Panamera. The TechArt Panamera Black Edition is the latest reworked model to hit the streets and it’s defined by its matte black adhesive vinyl wrap that makes this car look like a stealth version of the new sports car.

Aside from the exterior, the black theme is extended throughout the car’s aero kit, 22-inch alloy wheels and brake calipers. The calipers are detailed with the TechArt logo in red.

The black/red contrasting colour scheme is replicated on the interior, where black leather and alcantara is hand stitched in red, with matching red piping along the seats. Carbon fibre trim also sees liberal use in the cabin.

Pricing for the Techart Panamera Black Edition is yet to be announced.

Making of the Porsche Panamera Family Tree Commercial

April 15th, 2010 by Darren Cottingham

This “Making of” video takes viewers behind the scenes of a recent Porsche Panamera commercial shoot.

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