Wealthy Iranians are fuelling an unprecedented luxury car boom despite sanctions hurting their economy, paying up to $360,000 for high-end autos.
“Buyers are paying upfront for these cars, which generally cost two to three times more than abroad,” one car salesman in Tehran told AFP on condition of anonymity.
An international panel of automotive journalists has voted the Porsche 911 the 2012 World Performance Car in New York.
The World Performance Car Award is presented by the World Car of the Year organization in recognition of a new car with ‘a specific and overt sports/performance orientation’.
This Porsche 911 Carrera 4S spotted in China features a loud gold chrome wrap with blacked-out taillights, a big fixed rear wing and gold-lined wheels.
Porsche‘s new compact SUV is to be called the Porsche Macan, derived from the Indonesian word for ‘tiger’, the luxury German automaker confirmed February 16.
Releasing the first teaser sketch and video for the model, Porsche also confirmed that it will begin production in 2013 as the fifth Porsche model line, following in the footsteps of the larger Cayenne SUV.
The firm’s first impressions show a low, sleek model which is known to be based on the Audi Q5 platform, with a sportier styling and premium interior.
The interior design offers the driver and passenger more space and reflects the new Porsche outline, while the distinctive center console further improves ergonomics.
The latest Boxster is said to be considerably lighter than the previous version, and uses a revised chassis and direct injection flat-six petrol engines.
Porsche has confirmed the launch of three new models ahead of its appearance at next week’s Detroit Auto Show.
Pricing is unannounced, but the vehicle is believed to boast a 3.8-liter V6 engine producing 294kW of power, with a seven-speed automatic transmission.
Miguel Paredes, born and raised in New York’s Upper West Side, is an urban realist that specializes in New York graffiti art.
Paredes designed a psychedelic Japanese-inspired visage on the 911 Speedster, replete with colorful tones, a geisha on the hood, and lots and lots of flowers.
A Miami Beach condo developer plans to build a new skyscraper with a robotic parking deck built in.
The Porsche Design Tower project will allow owners to ride their vehicles into a robotic elevator system that drops them and their vehicles at their doorstep.
The $560 million tower will rise in Sunny Isles Beach as part of a collaboration between Porsche Design Group and a local developer, Gil Dezer.
The convertible edition of the 911 Carrera uses a new roof mechanism considerably lighter than predecessors thanks to the use of magnesium in the hood frame.
The mechanism also uses two lightweight fabric-covered plastic panels which should make it stronger and more resistant to wind buffeting at high speeds.
The Panamera GTS, designed to propel the Panamera from the urban elite to the race track, will hit the roads early next year with a price tag of €116,716 in Europe.
Boasting a top speed of 288km/h, the new model has been overhauled to improve sporting performance, including a new adaptive air suspension system, sports tuning and a wider rear axle width to improve stability.
Porsche has confirmed that it is to stage the world premiere of a new model at the 2011 Los Angeles Auto Show.
The German automaker will put the spotlight on a new model “boasting impressive performance and dynamic looks, exuding unadulterated driving pleasure.”
German luxury sportscar maker Porsche is putting up for sale a Bavarian castle snapped up for six million euros ($8 million) in 2006.
“We are parting company with this estate,” a spokesman told the Frankfurter Allgemeine Sonntagszeitung, after the paper said Porsche was selling Schloss Bullachberg, near the famous Neuschwanstein Castle in Bavaria.
Brands are increasingly tapping the internet to let customers design their perfect model without even leaving the house.
The Porsche Design P’4911 is invented to be lightweight and easy to handle. The stroller is constructed of carbon fiber, aluminum, leather and ball-bearing wheels.
Porsche has officially revealed the new generation of the 911 family of sports coupes that will be launched at the Frankfurt Motor Show.
Described as a “completely new generation” of the iconic coupe (which first hit the road in 1963), the new Carrera features a 100mm longer wheelbase for improved stability and a heightened presence, with a lower roofline and wider frontage.
A new lightweight body, formed from aluminium-steel composite, makes the model up to 45 kg lighter than its predecessor, while a wider spoiler reduces lift to keep the car handling properly.
Porsche has launched a new line of apparel and accessories made from materials used in its sports cars.
The new Porsche 917 collection includes items ranging from luggage to a mouse pad, all sold under the umbrella of the Porsche Design Driver’s Selection.
Among the new items is the PTS luggage line, which is fashioned from the same cloth used in the Porsche 911 and Boxster convertible tops, with the accents made from seatbelt webbing and door pull webbing from the 911 GT3, Boxster Spyder and Cayman R models.
Crafted from “an original ribbed cylinder from the early air-cooled 911 models”,this Porsche Classic Cooler comes with an anodized aluminum base.
Porsche is mulling a reissue of the iconic 550 Spyder model owned by US actor James Dean, boss Matthias Mueller said on Thursday.
“I can well imagine that a modern version of James Dean’s famous Porsche would please our clients”. “I am fascinated by the idea of reviving this technical legend.”
The 550 Spyder was built between 1953 and 1957 and was the car Dean was driving at the time of his fatal crash in September 1955.
Consumer demand for the Porsche Cayenne has prompted the automaker to increase production, the luxury brand said this week.
Global sales of the powerful SUV surged 37 percent in the first half of this year, prompting Porsche to boost the number of Cayennes it will produce from next year.
In the US alone, the number of Cayennes sold jumped from 2,605 in the first half of 2010 to 6,877 in the first half of this year.