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Porsche employees take pay cuts so they can build Mission E

Porsche's 13,000 workers in Zuffenhausen, Germany, agreed to work more and at adjusted wages to ensure that the factory can build the production version the Mission E electric performance sedan. Their sacrifices could save the German sports car maker several hundred million euros, according to Reuters. The Zuffenhausen site was possibly in danger of losing the Mission E because workers there receive higher wages than Porsche's other factories. The specific savings from these concessions reportedly include increasing the workweek by one hour to 35 hours and eliminating portions of pay increases between 2016 and 2025. Porsche didn't officially confirm the precise cuts, but a spokesperson told Reuters: "Employer and employees have jointly drawn up measures that have led to the decision of producing the Mission E model at Zuffenhausen." Porsche plans to invest about $768 million into the Zuffenhausen factory over the coming years. That money will help create over 1,000 new jobs and will build a new paint shop, assembly plant, and upgrade the engine factory to produce electric motors. The expansion will also allow the company to move all production of the Cayman and Boxster to Zuffenhausen by August 2016 rather than the current strategy of outsourcing some of the models' assembly to Osnabruck, Germany. The Mission E should enter production by 2020, and Porsche Executive Board Chairman Dr. Oliver Blume promises it to be the "most sophisticated model in this market segment." The concept at the 2015 Frankfurt Motor Show offered a glimpse at the next-gen technology by presenting a swoopy EV sport sedan with all-wheel drive and a total of 590 horsepower from two electric motors. Porsche claimed the concept could reach 62 miles per hour in just 3.5 seconds and go nearly 311 miles on the European testing cycle.

Porsche forum claims eco-friendly 911 Blu coming to Frankfurt

The fiftieth anniversary of the Porsche 911 has been a nearly year-long affair, with unique tributes and even a special anniversary edition with plenty of retro throwbacks. The party is expected to continue through the end of 2013, and if one 911 enthusiast forum is right, we'll see yet another special edition model near the anniversary of the original car's September 1963 debut, when it arrives at next month's Frankfurt Auto Show.
It's called the 911 Blu, and where the 911 50 Years Edition was more expensive than a 911 Carrera S hardtop, the Blu would be an entry level special edition. That's right, a limited run car that actually slots in at the very bottom of the 911 range. According to Porsche forum 911UK.com, the new car would be priced at 74,600 euros ($98,718 at today's rates) or 64,750 pounds. That undercuts the price of a base 911 in Germany by nearly 16,000 euros and in the UK by nearly 8700 pounds (although to be fair, it's roughly identical to the price of a base 911 C2S in the US).
This 911 will reportedly feature a detuned flat-six with 300 horsepower and 211 pound-feet of torque.

Criminal slices through Porsche's roof just to break in

Porsche fans, look away. This footage of a thief in London slicing his way into a classic 911 might be too much for lovers of the sports car to bear. Police released CCTV footage of the September break-in in the hopes of scaring up information that could lead to an arrest, the Daily Mail reported. The man pulled off his brazen daylight crime spree in the posh neighborhood of Mayfair in central London. It started when he tired to steal an older, red Porsche 911. Unable to pick the lock, he sliced through the roof with a large knife and hopped inside through the hole. Several people simply walked past the Porsche, now blaring its alarm in distress with its roof in tatters. The man then jumped out the same way he entered when he couldn't hotwire the car. To add insult to injury, the man used the large rear spoiler as a springboard to the street. It seems this suspect had brand loyalty. Witness told police they saw a man fitting the same description attempting to steal a GBP80,000 Cayenne nearby only 20 minutes later. He also threatened onlookers with a large knife. Unable to nab either Porsche, he robbed a nearby sportswear store, taking running shoes and a tracksuit. When the staff tried to stop the thief he also threatened them with a knife. Despite the multiple witness and video evidence, there are still no leads in the case. Police are asking anyone with information to come forward. Related Video: