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Porsche Australia price cuts in excess of $36,000 irks customers

Have you ever gone to the store, only to become irked after learning that the new [*insert widget here*] that you bought just last week has gone through a price drop? If you're particularly thrifty, even if it's only a couple of bucks, you probably brought in your receipt to see if the store would issue you a credit for the difference. Now, imagine that the widget in question isn't a minor purchase, it's a Porsche - and the price drop isn't just a few bucks - it's thousands.
That's the unhappy scenario that recently faced a number of Australian luxury car buyers and the uncomfortable conversation awaiting the German automaker. According to GoAuto, Porsche Australia recently whacked up to $36,000 off the price of its models in order to jumpstart sales Down Under - the Panamera range itself saw cuts between $5,500 and more than $36,000. The aggressive price cut was a strategy designed to drive sales of more than 3,000 cars locally, a yearly goal originally set for 2018, but now hoped for as early as 2016.
Australia is known for its comparatively high car prices, so the dramatic price cuts were undoubtedly welcome news to potential Porsche shoppers. However, around 50 existing customers were understandably agitated by the reductions because they purchased their cars just before the adjustments took effect. Not only did they stand to lose out on the deals, they also had good reason to fear that their new cars' residual values would take a beating.

Porsche clinches 2015 FIA World Endurance Championship

There's still another round to go in the 2015 FIA World Endurance Championship. But regardless of what happens in Bahrain later this month, Porsche has already laid claim to the manufacturers' title for this year. That's how far ahead it is of the competition. The championship was sealed this weekend when the Porsche 919 Hybrid driven by Timo Bernhard, Mark Webber, and Brendon Hartley crossed the finish line at the 6 Hours of Shanghai in first place. That marked not only the fourth straight win for the trio, but the fourth one-two finish for Porsche and the fifth straight victory this season. That's pretty remarkable when you consider that Porsche only arrived in the series last year, and only serves to further sweeten the win it took at Le Mans this past June. This marks the first time since entering WEC that Porsche has taken the championship, which was claimed last year by Toyota and in the previous two years since the revival of the series by Audi. However Porsche, of course, is no stranger to the winner's circle in endurance racing, having taken 12 previous championships between 1964 and 1986. The victory in Shanghai also puts Bernhard, Webber, and Hartley in prime position to secure the drivers' championship. The trio currently sits in the lead ahead of Audi's Andre Lotterer, Marcel Fassler, and Benoit Treluyer. This despite the Porsche trio having failed to make the finish line in the opening round at Silverstone. Related Video: FIA World Endurance Championship (WEC), LMP1, Round 7, Shanghai (CN), Race Porsche secures World Championship title by another one-two win Stuttgart. By taking the fifth victory in a row Porsche has made itself a World Champion in Shanghai. One race before the season's finale no one can take away the constructors' title in the FIA World Endurance Championship (WEC) from the young team from Weissach. In China the winning drivers were Timo Bernhard (DE), Brendon Hartley (NZ) and Mark Webber (AU) in a six-hour race of which two thirds were held on a wet track. The sister car of Romain Dumas (FR), Neel Jani (CH) and Marc Lieb (DE) finished second and hence the season's fourth one-two victory for the Porsche team. Porsche has won the title with 308 points ahead of Audi (238) and Toyota (137). For Porsche it is the 13th constructors' World Championship title in endurance racing and the first since 1986. Between 1964 and 1986 Porsche took twelve constructors' titles in the then Sports Car World Championship.

Porsche announces Cayman GT4 with 911 GT3 components

For years, there's been a debate among Porsche fans about which of its products is a better sports car, the 911 or the Cayman. It would only take a few sentences before those in the Cayman corner said that Porsche wouldn't make the Cayman as good as it could be for fear of overshadowing The Number One Son. We have a feeling these conversations are going to get a lot livelier with the introduction of the Cayman GT4, which pilfers lightly from the 911 Carrera S and heavily from the 911 GT3. On the outside, you can look to its front fascia, wheels, and fixed rear wing, and 30-millimmeter lower ride height for GT3 inspirations. Underneath, there's a 385-horsepower, 3.8-liter flat-six engine amidships, credited as being derived from the Carrera S. While there are those out there still lamenting the fact that the GT3 can only be had with a dual-clutch transmission, the Cayman GT4 "transmits its power solely through a six-speed manual transmission with dynamic gearbox mounts." Yeah. So take that. The extra power reduces the Cayman GT4's 0-to-60 mile per hour sprint to 4.2 seconds, a half second quicker than the 340-hp Cayman GTS, and bumps top speed up to 183 mph. An interesting nugget: Porsche says the Cayman GT4 runs the Nurburgring in seven minutes and 40 seconds, which it credits as the same time run by the 2011 911 GT3. Porsche has never offered a precise time for the current 911 GT3, saying only that it's "under 7:30," and Internet rumor (grab your salt lick) is that the not-yet-introduced GT3 RS has done a 7:20. We don't have all of its details yet – those will come closer to its introduction at the Geneva Motor Show next month – but we're told of a lot more 911 GT3 parts underneath, like the chassis that "consists almost entirely of components from the 911 GT3" and that all of its "technical aspects are based on the 911 GT3." If you want to take it further, the options sheet will include ceramic brakes and carbon fiber bucket seats. This new top-shelf Cayman gets to dealerships in the US in July with a starting price of $84,600 before a $995 destination charge. You'll find a few more bits of info in the press release below. A New Member of Porsche's GT Family The benchmark in its class: the Porsche Cayman GT4 Atlanta, Feb. 3, 2015 - Porsche's GT family is proud to announce the addition of an exciting new member: the Cayman GT4. This is the first Porsche GT sports car based on the Cayman and features components of the 911 GT3.