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Porsche boss Mueller: A launch every year, 200,000 sales by 2018
Thu, 24 Feb 2011By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.
Chevrolet WTCC Ultra
Thu, 28 Sep 2006By Phil McNamara Motor Shows 28 September 2006 09:48 Chevrolet Ultra: the lowdown Hidden beneath the WTCC Ultra's wild touring car looks is Chevrolet's 2008 Ford Focus rival. GM's headline concept car at today’s Paris motor show (Thursday 28), the Ultra previews Chevrolet's future design direction, as well as the Lacetti replacement. Although the muscular bodykit, ultra-wide track, funky graphics and slitty rear window will all be toned down for production, 'you won’t miss the connection when the production car arrives,' a GM insider told CAR Online.
Porsche says Panamera avoids gas-guzzler tax
Thu, 10 Sep 2009Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.