Porsche

New Manthey structure: Why Porsche is increasing its stake despite crisis

Surprising change in the ownership structure at Manthey Racing: The company based at the Nurburgring, which also includes the Porsche team of the same name, has announced in a press release that Porsche has increased its stake from 51 to 67 percent.

Motorsport.com3h ago

Porsche says Boxster goes all-electric in 2028, but 911 ‘never’ will (yes it will)

Porsche has finally confirmed that there will be no more gas-powered Boxster/Cayman going forward, and that all-electric versions of those vehicles will have their first production year in 2028.

Electrek•Jameson Dow21h ago

Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.

The New York Times•James Paton7 Oct

Factbox-The key elements of Porsche's turnaround plan

Porsche braces for lower sales era, seeks luxury lifeline

Porsche is steeling itself for persistently lower sales, the Volkswagen brand said today, pitching a turnaround plan to investors that aims to boost margins with a focus on top-end models.

Porsche sets long-term margin target at 15%

Porsche braces for lower sales era, seeks lifeline from luxury

Porsche’s New Look: Pricier Cars and 25% Fewer Employees

The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.

The New York Times•James Paton7 Oct

Tough times for Audi, VW, and Porsche could make October a great time to buy

Volkswagen Group is going through some tough times these days. Labor disputes , increased competition in China , and a few market misses on big swings are all playing a part, but that doesn’t mean the EVs themselves aren’t great – and with all the…

Electrek•Jo Borrás4 Oct

• favorable toward Porsche · 78%

Laurens Vanthoor holds off BMW to give Porsche historic IMSA Petit Le Mans win

Laurens Vanthoor fended off rivals on a late restart to give Porsche Penske Motorsport the victory in the Motul Petit Le Mans at Michelin Raceway Road Atlanta.

Motorsport.com4 Oct

• favorable toward Porsche · 98%

Felipe Nasr crashes out of Petit Le Mans in violent wreck after winning Endurance Cup

A dramatic front-stretch accident involving Felipe Nasr brought a bitter end to the Motul Petit Le Mans for the #7 Porsche Penske Motorsport Porsche 963, shortly after Nasr, Julien Andlauer, and Laurin Heinrich clinched the IMSA Michelin Endurance…

Motorsport.com4 Oct

Porsche Closes NFT Club After $20 Million Digital 911 Experiment

Porsche has pulled the plug on its Web3 project and PIONEERS CIRCLE, nearly four years after unveiling a 7,500-piece NFT collection built around the 911. The exit comes with a peculiar wrinkle.

Bitcoin.com News•Jamie Redman3 Oct

• critical toward Porsche · 83%

Porsche scraps NFT project with floor price down 96%

Porsche has shuttered its 911 NFT project PIONΞERS CIRCLE after a year of poor China sales and thousands of layoffs.

Protos•Jacob Lyon2 Oct

• neutral toward Porsche · 75%

Porsche pulls the plug on PIONΞERS CIRCLE after nearly four years

Porsche has ended its Web3 project and PIONΞERS CIRCLE community nearly four years after launching its 911 NFT initiative.

Crypto.news•Rony Roy2 Oct

• neutral toward Porsche · 86%

What Happens to Porsche NFT Holders Now That the Project Is Over?

Porsche NFT holders keep their 911 tokens as the automaker winds down its Web3 project and PIONΞERS community.

BeInCrypto•Phil Haunhorst2 Oct

Porsche’s ‘long haul’ Web3 project ends in less than four years

Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.

Cointelegraph•Cointelegraph by Ezra Reguerra2 Oct

• critical toward Porsche · 88%

Porsche shuts down its Web3 project, but 911 NFT holders keep their tokens

Porsche's Web3 exit highlights the volatility and challenges brands face in sustaining NFT projects amid fluctuating market enthusiasm.

CryptoBriefing•Kaye Quema1 Oct

• neutral toward Porsche · 97%

Porsche and Cadillac fighting on nearly equal terms in Petit Le Mans BoP

After taking completely different Balance of Performance paths over the course of the season, the title-contending Cadillac V-Series.R and Porsche 963 can virtually shake hands at the season finale: both have been handed nearly identical…

Motorsport.com30 Sept

• neutral toward Porsche · 98%

Porsche boss rejects EV sceptic label as ‘unfair’ — just don’t expect an electric 911

Michael Leiters says carmaker’s focus on new combustion engine models means a more ‘balanced offer’ of electric and petrol cars

Financial Times30 Sept

Laurin Heinrich eyes improbable IMSA GTP title and career-highlight victory at Petit Le Mans

Laurin Heinrich enters the IMSA WeatherTech SportsCar Championship season finale at Michelin Raceway Road Atlanta facing a steep path to the Grand Touring Prototype (GTP) title, but the 2024 GTD Pro champion is focusing on the ultimate objective…

Motorsport.com24 Sept