The Volkswagen R GmbH will be the specialist for sporty exclusive models from Volkswagen in the future. Volkswagen AG has bundled the responsibilities and competencies for development, implementations and sales of individualised vehicle offers into Volkswagen R GmbH. For example, its portfolio includes the two new top models, the Scirocco R und the Golf R as well as the dynamic R Line design packages and luxurious Volkswagen Exclusive items. (continue reading…)
Structural changes affect profit of Porsche SE
Porsche Automobil Holding SE, Stuttgart, can report a favorable operational trend of its holdings in the first half of the 2009/10 fiscal year ending 31 July 2010. The Porsche Zwischenholding GmbH group including mainly the Porsche AG recorded in the reporting period a double-digit return on sales with an operating profit of 329 million euro. Revenue increased by 3.7 percent in relation to the comparative period of the prior year to 3.16 billion euro. Unit sales fell 1.7 percent to 33,670 vehicles. The Volkswagen group has been included in the half-yearly financial report of the Porsche SE with the result for the period from 1 July 2009 to 31 December 2009. On this basis, the Volkswagen group sold 3,302,144 vehicles in the first half of the 2009/10 fiscal year. With revenue of 54.0 billion euro, the operating profit comes to 615 million euro. (continue reading…)
Sixty Years of Porsche Production in Stuttgart-Zuffenhausen
The home of today’s Dr. Ing. h.c. F. Porsche AG, Stuttgart, has a very special sound in the world of motoring: Zuffenhausen. Indeed, Zuffenhausen is far more than ‘just’ a production plant rich in tradition for Porsche AG, since it is here in Zuffenhausen that the heart of the Company beats to this very day. Zuffenhausen has been Porsche’s home address for more than 70 years and more than one million Porsche sports cars have been built here in Stuttgart since 1950. (continue reading…)
Round 2 at the Bahrain Grand Prix
Notching up two victories on the Bahrain International Circuit, René Rast from Germany kicked off the new season of the Porsche Mobil1 Supercup. After winning the season-opener on Saturday he repeated his success in Sunday’s race with the new Porsche 911 GT3 Cup fielded by Al Faisal Lechner Racing ahead of his Dutch teammate Jeroen Bleekemolen. Third position went to Supercup newcomer Nicholas Tandy (Konrad Motorsport) from Great Britain. Dr. Wolfgang Porsche, Chairman of the Supervisory Board at Dr. Ing. h.c. F. Porsche AG, and Wolfgang Dürheimer, Member of the Executive Board for Research and Development, handed the winners their trophies. (continue reading…)
The 2010 Audi golf season will be dominated by the anniversary of the Audi quattro Cup in which golfers from all over the world have been competing for as many as 20 years now. In addition, the company with the Four Rings will again support amateur golf in various ways as well as top-class international tournaments. (continue reading…)
The Emirate of Qatar, the Volkswagen Group, Porsche Automobil Holding SE and the State of Lower Saxony wish to strengthen their cooperation, particularly in the fields of research, development and education. This was agreed on the occasion of a visit to Qatar, when the Crown Prince and Personal Representative of the Emir, His Highness Sheik Tamim bin Hamad bin Khalifa Al Thani, received a delegation of representatives from the Supervisory Board and Board of Management of Volkswagen AG and Porsche Automobil Holding SE and from the State of Lower Saxony. The delegation included Prof. Dr. Ferdinand K. Piëch, Dr. Wolfgang Porsche, Prof. Dr. Martin Winterkorn and Prime Minister Christian Wulff, and was accompanied by the German Ambassador Dr. Dirk Baumgartner. (continue reading…)
Audi will fight for victory in the Le Mans 24 Hours on June 12/13 with an evolution of the R15 TDI diesel race sports car. An extensive testing program with the revised LMP1 vehicle has just begun in the United States. Continue reading ‘Audi banks on “R15 plus” efficiency at Le Mans’
Last week, United Autosport took delivery of their two Audi R8 LMS cars for the 2010 FIA GT3 season. That same weekend they were on track at Autódromo Internacional do Algarve. Richard Dean, Managing Director and Co-Owner of United Autosports, commented: ‘We knew the Audi R8 LMS would be good but it’s truly fantastic! We encountered no problems whatsoever. United Autosport will test again at Silverstone on March 23-24th before their first race at Oulton Park on April 5th .
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