The sports-car company's CEO feels the need for green speed and is testing electric versions of its Boxster. But he's not letting competitors like Tesla hurry him along. Porsche's focus: performance and a cruising range comparable to that of a sports car today.
By Ryan Salomone:Tesla Motors, Inc (TSLA) is a designer and manufacturer of electric vehicles with enormous potential starting mid 2012 when it launches sales of its Model S. Many investors are shorting Tesla, electric vehicles, and green companies in general, however failures within the green industry will not be knocking on Tesla's door.
Porsche is going hybrid—with plug-in hybrid versions of all its major models, eventually. And yes, that means not just the upcoming 918 Spyder and the 2014 Porsche Panamera S E-Hybrid, but also upcoming versions of the Cayenne, and even the 'sacred' mid- or rear-engine sports cars—the 911, Boxster, and Cayman.
OSNABRUECK, Germany (Reuters) - Volkwagen's sports car brand Porsche will reduce investment spending and cut costs next year to offset lower-than-expected car sales and maintain its high profitability in 2013. "We will possibly delay the one or the other project," Porsche brand chief Matthias Mueller said on the sidelines of the production launch of the new Boxster. He added that vehicle sales next year could be between 5-10 percent below the company's internal target, but they should still be on par with the number sold in 2012. ...
Detroit Electric, a startup electric-car maker reviving a brand that dates back more than a century, unveiled its first model on Wednesday: a $135,000, battery-powered sports car that is to go into limited production in August.
Telsa Motors is making several changes to improve its service and warranty programs, it announced today. Customers whose cars need to be repaired will have access to a fleet of Model S loaner vehicles in the meantime.
Porsche has given its 2013 Boxster S more power and a bigger price tag, but at least the car also looks expensive.Porsche has a new roadster out, the 2013 Boxster S. It's faster, more handsome and more practical than ever before, yada yada yada, they always are.