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New Porsche Cayenne drives Porsche profits – up 25 per cent
Fri, 28 Oct 2011Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.
Saab files for bankruptcy: the end of the Swedish saga
Mon, 19 Dec 2011Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.
Audi R8 V10 – the Commercial
Tue, 12 May 2009Audi R8 V10 features in an Audi commercial cruising through Marenello - home of Ferrari It features a new Audi R8 V10 cruising through Maranello, home of Ferrari, and features the reactions of the locals. No punches pulled; no skirting round Audi’s opinion. This blows Ferrari away, they believe, and they’re happy to shout it from the rooftops.