Volkswagen’s board of management has tapped Porsche’s CEO, Oliver Blume, on the shoulder to take the job as chief executive officer at Volkswagen as outgoing CEO Herbert Diess steps down. In the short-term, Blume will take over as Volkswagen’s CEO while retaining his position as Porsche’s CEO, with the company […]
Porsche reviews
Porsche sales up 17.6% in Australia in H1 2022, global down 5%
Porsche has posted details of its global vehicle deliveries for the first half of 2022, with Australia bucking the overall trend while global numbers are down. Overall, Porsche’s H1 2022 global delivery figure stood at 145,860 units, which is down 5.0 per cent on the 153,656 units it sold during […]
Porsche acquires stake in eFuel specialists, HIF Global
Porsche has announced it has invested $75 million into HIF Global, acquiring a sizeable stake in one of the world’s leaders in eFuel research and development. HIF Global’s eFuel technology combines hydrogen, CO2 and wind-turbine-sourced renewable energy, with Porsche saying that this electricity-based synthetic fuel translates to “nearly-CO2 neutral” running […]
2022 Porsche Taycan Turbo Cross Turismo review (video)
Say hello to the quickest-accelerating station wagon we’ve ever tested, and probably the quickest wagon currently on the market. It’s the Porsche Taycan Turbo Cross Turismo. Firstly, no. It does not feature a turbocharger; this is a fully electric vehicle and one of many on the way from the storied […]
Porsche invests further into Rimac, focus on digital and electrified tech
Porsche has announced plans to deepen its ties with electric hypercar manufacturer Rimac after confirming it has taken part in the latest $536 million funding round by the Croatian company that has since become a joint-venture with Bugatti and Porsche. The company says this is the next step in their development […]
Porsche global sales down 5% in Q1 2022, profits up 17.4%
Despite many production challenges faced by a variety of industries at the moment, including a war in Ukraine and ongoing chip shortages, Porsche has reported impressive increases in revenue and profits in Q1, 2022, even with a drop in deliveries. Porsche sold 68,426 vehicles around the world during the first […]
Porsche Studio opens in Brisbane, first in Australia
Porsche has launched its first official Studio in Australia, in Brisbane, offering customers a close-up experience of its products within the urban retail environment. It is the 20th Porsche Studio in the world. The Porsche Studio concept provides customers with a shopping experience unlike a conventional car showroom, with a […]
2022 Porsche Taycan RWD review – Australian launch (video)
Porsche Australia has just opened up the market reach for the Taycan fully electric sedan, with the launch of a new entry-level RWD variant for 2022. It is the most affordable version yet. If you didn’t already know, the Taycan is Porsche’s first future-generation vehicle. An electric vehicle, in other […]