2001 Porsche 911 Carrera on 2040-cars

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Porsche 911 GTS Targa spied at the 'Ring | Autoblog Minute

Spy shots of a lightly camouflaged 911 GTS Targa at the Nurburgring have us musing about what we might get from this upcoming Porsche. Eddie Sabatini reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] Spy shots of a lightly camouflaged 911 GTS Targa have us musing about what we might get from this upcoming Porsche. The photos were grabbed at the Nurburgring and show a different exhaust system than is on the current car. Like the updated 991 Carrera and Carrera S, this GTS will get a 3-liter turbocharged engine in place of the current 3.8-liter naturally aspirated six-cylinder. And we expect it will make more than the 430 horsepower of the pre-facelift GTS engine. The shots also show off center-locking wheels, [00:00:30] which are likely to make production, and a blacked-out Targa roof bar. We'll have to wait and see if the dark roof bar is camo or an actual production option. The GTS should again be available with two or four-wheel drive and in coupe, convertible, and Targa body styles. For Autoblog I'm Eddie Sabatini. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. Image Credit: CarPix Spy Photos Porsche Autoblog Minute Videos Original Video porsche 911 gts

Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen

Porsche planning jacked-up 911 Safari? [w/poll]

The Porsche 911 may, for some, be the quintessential sportscar. And that typically means keeping it on paved roads and racing circuits. But there's a proud history to taking the Elfen off-road that traces back to specially-prepared 911s (like the one pictured above) which Porsche fielded in rallies in the late '70s and early '80s. And now Porsche is reportedly preparing to tap back into that history with a new off-road 911 model, according to the Auto Bild Motor Revue.
Tipped to be called the 911 Safari, the special variant would be based on the Carrera 4 but upgrade with bigger tires fitted to a beefed-up suspension with higher ground clearance and underbody skid plates. The model is expected to be presented initially as a concept at the Beijing Motor Show next April. But if enough interest is expressed - particularly from buyers in developing markets where the roads might not be as smooth as those to which North American and European drivers have become accustomed - Stuttgart could put it into production in 2016, when the current 991 is expected to get a mid-cycle refresh.
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