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Porsche reports big drop in sales
Fri, 30 Jan 2009Well, it’s not exactly a surprise, given the doom and gloom in the industry at the moment, but Porsche has just reported a 27% drop in sales, down to 34,000 units, over the last six months. As you would expect, some models fared worse than others. The recently updated Porsche 911, which has had mid-cycle tweaks including the new PDK ‘box, held up pretty well.
VW to go totally turbo
Thu, 19 Sep 2013A Volkswagen AG executive announced Tuesday that the company is planning to turbocharge the entire VW fleet by the 2016 or 2017. VW's executive vice president, Mark Trahan, spoke with The Detroit News, saying they will replace the company's remaining three naturally aspirated engines, a five-cylinder 2.5-liter and two six-cylinders with turbo mills. The trend seems to be gaining popularity, seeing as Ford Motor Co.
Mercedes-Benz inaugurates Advanced Design Studio in Beijing, China
Fri, 22 Jul 2011Mercedes-Benz inaugurated its global Advanced Design Center in Beijing, China, yesterday, Thursday July 21. The Beijing design center, Daimler's fifth advanced design studio worldwide, further reinforces the growing importance of the Chinese auto market and Beijing in particular; the city is increasingly influencing changing needs and trends. The new 1,000 square meter Advanced Design Studio employs a total of around 20 designers who will contribute to the future design of Mercedes-Benz automobiles, competing and working with the company's other studios in Germany, Italy, Japan and the USA.