2009 Porsche Cayenne Gts on 2040-cars

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Porsche will sacrifice profit growth to fund EV development

Porsche is so serious about developing electrified vehicles that it's willing to sacrifice big jumps in profits to fund the investment. After a massive upgrade to the Zuffenhausen plant, the company will build the Mission E EV (above) there in 2020. "Therefore it's clear that we can no longer carry out major leaps on results," the CEO Oliver Blume said about the automaker's financial growth, according to Reuters. Porsche will invest 1.1 billion euros ($1.2 billion) through 2020 to make additional electrified vehicles possible. Around 700 million euros ($765 million) will go into the Zuffenhausen factory to build a new paint shop, assembly plant, and upgrade the engine factory to produce electric motors for hybrids and EVs. The expansion will also bring all Cayman and Boxster assembly under one roof. Outside of Zuffenhausen, the money will improve the research and development center in Weissach and update the sales and marketing department in Ludwigsburg. Blume said Porsche has "many new products in the pipeline," according to Reuters, and he wants as many of those as possible available with some level of electrification. In addition to the Mission E, there are rumors the company might build a 911 plug-in hybrid as soon as 2018. While Blume doesn't forecast big jumps in profits, Porsche should still remain financially successful in the coming years. The automaker doesn't report its 2015 earnings until March 11, but Reuters reports the company's global deliveries topped 200,000 vehicles for the first time ever last year, which could push its operating profit well above 2014's 2.72 billion euros ($3 billion at current rates). Related Video:

Audi RS7 vs. Porsche Panamera Turbo, which would you pick? [w/poll]

We live in a blessed time - a time when you can buy not just one, but two (or three, or four) monstrously powerful, blazingly fast four-doors that can't only keep up with modern supercars, but in some instances, will outperform them as well. Two of the finest are the Audi RS7 and the refreshed Porsche Panamera Turbo, and Motor Trend has been messing around with the both of them in this comparison video.
MT provides a comprehensive and entertaining look at the RS7 and the turbocharged Panamera as they go through a battery of tests, before getting tossed about on both the road and the track. Starring flip-flop aficionado Jonny Lieberman, it's a must-watch, whether you're in the market for one of the two super sedans or merely want to see the former Autoblog editor again.
After having a look at the video, register a vote for the car you'd park in your driveway in our poll. Hop below for the full video from the team at Motor Trend.

Watch the Safari 911 do its thing off road

American racing driver Leh Keen spends his working hours in the No. 22 Alex Job Racing WeatherTech Porsche 911 GT America campaigning in the United SportsCar Championship. From the looks of this video, he spends his free time off-roading in a Porsche of his own specification: a 1981 Porsche 911 SC modded into an homage to the rallying 911s of the 1970s. Privateers began rallying the 911 not long after it went on sale 50 years ago, winning European events and the European Rally Championship as soon as 1967. After some good showings in the early 70s the carmaker took a 1978 911 SC to the Safari Rally in Africa going for the overall victory, but an encounter with a rock meant the team could only claim second place. Keen's Guards Red coupe channels that ancestor with a lift kit from Elephant Racing and a light rack and mud flaps shipped over from Europe. The engine gets a little more power thanks to intake modifications, some SSI heat exchangers, and a Danske exhaust. To help keep it together on the trail, the bumpers get pulled in and use steel bash bars for protection, and the side mirrors are aero numbers tucked into the A-pillar angle. The interior has been entirely redone. Keen apparently said "he wanted a 911 he could 'go anywhere' with," and the video above shows him doing just that. You can read more about the car in this month's Porsche Club of America magazine, check out Fatlace for the short story and a few pictures, or head to photographer Clint Davis' site for an eyefull of high-res shots of the beast. Related Video: News Source: PCAHQ via YouTube Porsche Coupe Luxury Off-Road Vehicles Performance Videos rally leh keen