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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Porsche

Porsche stories: 10 news summaries

13-Year-Old Runs Over,
Kills Father

Bronx man, 45, was teaching boy to drive Porsche SUV

Aug 19, 09 1:43 PM CDT
(Newser) - A 13-year-old Bronx boy accidentally killed his father last night while trying to park the family’s Porsche SUV, the New York Post reports. The family had just eaten at a restaurant, and waiters heard the boy ask if he could move the car. John Cedeno, 45, stood beside the... More »

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car accident • accident • Bronx • accidental death • Porsche • child • John Cedeno

 Porsche, VW to Merge 

Luxury maker fails in takeover attempt

May 7, 09 4:53 AM CDT
(Newser) - Porsche has announced it will merge with Volkswagen after weeks of negotiation between the two German carmakers, reports the BBC. The deal puts an end to Porsche's efforts to take over VW. Porsche already owns a majority stake in the company. While details of the merger remain unclear, VW's individual... More »

MORE ABOUT:
Germany • merger • Volkswagen • auto industry • Porsche • VW Group • Lower Saxony

Germany's Scheme to Scrap Cars Sparks Sales Explosion

Sales mostly go to small cars

Feb 26, 09 1:00 PM CST
(Newser) - Automakers are running out of gas all over the world—except in Germany. Volkswagen expects to have its best February ever, selling 120,000 cars, while GM subsidiary Opel has sold 40,000, its best month in 5 years, Der Spiegel reports. It’s all thanks to the scrapping... More »

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Germany • General Motors • Audi • Mercedes Benz • Volkswagen • auto industry • Porsche • BMW • Renault • Opel • Dacia

 Miley Gets 
 Wheels: 
 Mom's Old 
 Porsche 



Singer wanted a different car for 16th birthday

Dec 12, 08 10:30 AM CST
(Newser) - Barely 16-year-old Miley Cyrus has not only a learner's permit but a car—a Porsche Cayenne, no less. “I didn’t get the one I wanted,” the teen sensation tells Extra, but she admits that her mom’s old car is “a pretty good hand-me-down.” This... More »

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celebrity • Hannah Montana • Miley Cyrus • Porsche • driver's license • cars

VW Gamble Nets Porsche $20B, Wallops Hedge Funds

Short bets could push some European traders to bankruptcy after stock soars

Oct 29, 08 10:09 AM CDT
(Newser) - Hedge funds that bet on a dive in Volkswagen shares are nursing some pretty stiff hangovers—to the tune of a possible $20 billion in losses—after the shares soared when rival Porsche announced over the weekend it had secretly acquired a 74% stake in its fellow German automaker, reports... More »

MORE ABOUT:
mergers and acquisitions • Volkswagen • Porsche • short selling • hedge funds

 $1.7M Ride Seeks 
 Loving Owners 

Bugatti Veyron a thing of beauty, but might spell the end of French company

May 2, 08 4:05 PM CDT
(Newser) - French automaker Bugatti is betting its business on the fact that 300 people in the world will want to pony up $1.7 million each for its new car, the Veyron. The automobile, which boasts a top speed of 253 mph, has cost VW Group more than half a billion... More »

MORE ABOUT:
Porsche • concept cars • Bugatti • Veyron • VW Group

 Car Lovers Pay $5K for a Spin 

140-mph ride is too much for one: 'I tossed my cookies,' he said

Apr 26, 08 5:50 PM CDT
(Newser) - Car nuts are flying to Los Angeles and coughing up nearly $5,000 to drive a Porsche 997 Turbo. Why the numbing bill? Because Supercar Life, a fantasy camp, lets motorists spend all day driving a host of pricey cars at outrageous speeds. For many, the 140-mph thrill ride is... More »

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sports cars • auto racing • driving • Ferrari • Lamborghini • Porsche

Porsche Speeds to $225B
Euro Empire

VW acquisition would create Europe's biggest car & truck company

Mar 4, 08 2:43 AM CST
(Newser) - The map of Europe's car and truck industry is set to be redrawn with Porsche's likely takeover of Volkswagen, the Financial Times reports. Porsche's board voted to boost the sports car manufacturer's stake in Volkswagen to more than 50% yesterday, only hours after Volkswagen said it would buy a controlling... More »

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Europe • merger • Volkswagen • auto industry • Porsche • auto sales • Scania

OPINION

Porsche Gets Kitchen Cooking

Famous car designer rethinks fridge, more, with focus on man appeal

Feb 15, 08 7:22 PM CST
(Newser) - For wealthy people with nothing better to do than match their expensive cars with their ostentatious kitchens, Porsche has just the thing, the Wall Street Journal's Robert Frank writes. The automaker is one of many luxury businesses trying their hands in completely different industries. Its "man kitchen" sports a... More »

MORE ABOUT:
interior design • Porsche • kitchen • Poggenpohl

Court Overturns Volkswagen Law, Takeover Likely

Porsche to exercise control in VW

Oct 23, 07 8:31 AM CDT
(Newser) - The EU’s highest court today overturned a 47-year-old German law that protected Volkswagen AG from takeover, opening the door for a long-rumored Porsche coup. Porsche already owns 31% of VW, but the law capped their voting rights at 20%. With that impediment gone, “I see Porsche flexing its... More »

MORE ABOUT:
Germany • European Union • mergers and acquisitions • automaker • European markets • Volkswagen • auto industry • European Court • Porsche

10 Stories


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