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Porsche

10 automakers fined $7.6 million for selling cars with poor safety standards

10 automakers fined $7.6 million for selling cars with poor safety standards

Wed, Mar 20, 2024

The ministry said the fines were based on corrective measures against defective parts of the companies' models from January to June of last year, reports Yonhap news agency.

Porsche reports 18.3% operating return in first nine months, confirms forecast

Porsche reports 18.3% operating return in first nine months, confirms forecast

Wed, Oct 25, 2023

The company had said in late September it expected to hit those forecasts despite interest rate rises and an uncertain economic outlook in China, causing some instability.

Porsche expects around 80% sales in India from EVs by 2030

Porsche expects around 80% sales in India from EVs by 2030

Tue, Aug 22, 2023

Porsche AG expects around 80% of its sales in India to come from fully electrified vehicles by 2030 and is lining up three such new vehicles to be introduced here early next year, a senior company official said on Tuesday.

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Porsche 718 Boxster, 718 Cayman launched in India

Porsche 718 Boxster, 718 Cayman launched in India

Thu, Feb 16, 2017

Porsche 718 Boxster, 718 Cayman launched in India. Watch the full segment for more details.

Volkswagen agrees to fix, buy back more polluting US diesel vehicles

Volkswagen agrees to fix, buy back more polluting US diesel vehicles

Wed, Dec 21, 2016

Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States (US) as the German automaker on Tuesday took new steps to put its emissions cheating scandal behind it.

Volkswagen agrees to pay $200 million into US pollution reduction fund

Volkswagen agrees to pay $200 million into US pollution reduction fund

Sat, Dec 17, 2016

Volkswagen AG has agreed to pay more than $200 million into a fund created to cut diesel pollution, part of its agreement over about 80,000 3.0-litre diesel vehicles that emitted more than the US legal limit, a person briefed on the settlement told Reuters.

Nissan, BMW, Porsche face sales ban in South Korea

Nissan, BMW, Porsche face sales ban in South Korea

Wed, Nov 30, 2016

South Korea is to ban sales of some cars made by Porsche, BMW and Nissan, and fine the companies over $5 million as a probe into emissions documentation widens.

Porsche launches latest sports car Macan priced at Rs 76.84 lakh

Porsche launches latest sports car Macan priced at Rs 76.84 lakh

Tue, Nov 15, 2016

The sports car comes with a turbocharges two-litre engine with 252bhp that can do 0 to 100 km per hour in 6.5 seconds.

Volkswagen board to discuss brand overhaul on November 4

Thu, Nov 03, 2016

Volkswagen's supervisory board will hold an extraordinary meeting on Friday, November 4, to consult on a wide-ranging restructuring of the carmaker, two sources close to the board told Reuters on Wednesday.

Volkswagen to pay $175 million to US lawyers suing over emissions

Volkswagen to pay $175 million to US lawyers suing over emissions

Sat, Oct 15, 2016

Volkswagen AG , in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million (nearly Rs 1,164.23 crore) to US lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles, two people briefed on the agreement said on Friday.

New Porsche 911 range launched starting at Rs 1.39 crore

New Porsche 911 range launched starting at Rs 1.39 crore

Wed, Jun 29, 2016

This includes four variants from their 911 range which include the 911 Carrera Cabriolet, 911 Carrera S, 911 Turbo and Turbo S.

Volkswagen emission scandal: Company agrees to pay $10 billion as settlement in US

Volkswagen emission scandal: Company agrees to pay $10 billion as settlement in US

Thu, Jun 23, 2016

The San Francisco civil lawsuit accuses Volkswagen of major damages to the environment and to the owners of the illegally rigged diesel cars.

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