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Porsche moving all Boxster/Cayman production to Zuffenhausen

Fri, Jul 17 2015

The Porsche Boxster and Cayman have been built at a variety of locations over the years. But in its latest announcement, the German automaker has revealed its intentions to bring production of its entry-level models back home to Stuttgart. The decision was announced today as part of a major investment program being undertaken by Porsche. Porsche intends to spend over ˆ1.1 billion (equivalent to over $1.2 billion at current exchange rates) to expand several of its facilities. Those include the factory at Zuffenhausen, the sales and marketing department at Ludwigsburg, and the famed R&D facility at Weissach – all of which would undergo upgrades and renovations by 2020. The biggest component of the wide-ranging plans, however, would ostensibly be the expansion of the Zuffenhausen assembly line. While the Panamera, Cayenne, and Macan are handled largely at a second facility in Leipzig, the 911 is built at the company's historic home at Zuffenhausen, on the outskirts of Stuttgart. The Boxster and Cayman are built there as well, but excess capacity has been outsourced to other facilities: first by Valmet in Sweden, and then at the former Karmann plant in Osnabruck, Germany. That additional off-site production, however, will come to an end starting in August 2016, both for the current models and their replacements. In addition to the expansion of the assembly plant, the Zuffenhausen site will also get a new body shop and engine production facility. In the process, Porsche has also ruled out laying off any workers until 2020. The entire proposal was announced by the company's Executive Board and the General Works Council that represents its employees, but still needs to be approved by the Supervisory Board. Related Video: Executive Board and the General Works Council sign agreement to secure locations Porsche is getting fit for the future: Further flexibilisation, a high level of investments and safeguarding of jobs Stuttgart. The Executive Board and the General Works Council of the Porsche AG have adopted a pioneering package of measures for the long-term safeguarding of the company locations. Porsche is to invest more than a billion euros in the expansion of its factories. The objective of the new agreement with the title "Fit for the Future" is also to boost the productivity, flexibility and efficiency of the company while maintaining the social standards for the employees.

Fatal Tesla Autopilot crash, Porsche debuts 2017 Panamera | Autoblog Minute

Sun, Jul 3 2016

A roundup of this week's car news includes the first fatal Tesla Autopilot crash and Porsche's reveal of the 2017 Panamera. Senior Producer Chris McGraw reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] A motorist is killed while using Tesla Autopilot. In what is believed to be the first fatal accident involving Tesla's autonomous driving feature, the Model S failed to stop when a tractor trailer drove across the highway perpendicular to the Model S, and the car drove underneath the truck. Tesla said the trailer's white paint set against the bright sky were the reason the driver and the Autopilot didn't stop the car. Tesla also called this accident a "tragic loss," and pointed out that it's the first death involving Autopilot in more than 130 million miles. The National Highway Traffic Safety Administration [00:00:30] has opened a preliminary evaluation of Tesla's Autopilot. Its evaluation will look at the design and performance of Autopilot during the crash. Find more details at Autoblog.com. The 2017 Porsche Panamera made its official debut this week. With a clear styling link to the Porsche 911, we think this is the best looking Panamera yet. The new Panamera's body is made mostly from aluminum, minus some high-strength steel and optional large panoramic roof overhead. A completely new range of engines powers the second-gen Panamera, starting [00:01:00] with a twin-turbo 2.9-liter V-6 that puts out 440 horsepower and 405 pound-feet of torque. The Panamera Turbo boasts a 4.0-liter, twin-turbo V8 with 550 hp and 567 lb-ft. Both the 4S and the Turbo come with standard all-wheel drive and an eight-speed PDK dual-clutch automatic transmission. Porsche is claiming that this Panamera set the Nurburgring record for a production sedan finishing just 14 seconds quicker than the outgoing model. We expect to see the 2017 [00:01:30] Porsche Panamera hit deals in January of 2017. Find more details at Autoblog.com. I'm Chris McGraw. 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. Porsche Tesla Autoblog Minute Videos Original Video

Dealers mobilize to protect their margins from automaker subscription services

Fri, Aug 24 2018

Six individual auto brands — Lincoln, Cadillac, Porsche, Mercedes, BMW and Volvo — have established or are trialing a vehicle subscription service in the U.S. Three third-party companies — Flexdrive, Clutch and Carma — run brand-agnostic subscription services. And three automakers — Mercedes-Benz, BMW, and General Motors — have also launched short-term rental services. Dealers, afraid of how these trends might affect their margins, are building political and lawmaking campaigns to protect their revenue streams. So far, three states are investigating automaker subscriptions, and Indiana has banned any such service until next year. It's certain that those three states are the first fronts in a long political and legal battle. Powerful dealer franchise laws mandate the existence of dealers and restrict how automakers are allowed to interact with customers to sell a vehicle. On top of that, Bob Reisner, CEO of Nassau Business Funding & Services, said, "Dealers and their associations are among the strongest political operators in many states. They as a group are difficult for state politicians to vote against." In California earlier this year, the state Assembly debated a bill with wide-ranging provisions to protect against what the California New Car Dealers Association called "inappropriate treatment of dealers by manufacturers." One of those provisions stipulated that subscription services need to go through dealers, but that item got stripped out when dealers and manufacturers agreed to discuss the matter further. In Indiana, Gov. Eric Holcomb signed a moratorium on all subscription programs by dealers or manufacturers until May 1, 2019, to give legislators more time to investigate. Dealers in New Jersey have taken their campaign to the state capitol, asking that the cars in subscription programs get a different classification for registration purposes. Automakers run the current subscription services and own the vehicles. Sign-ups and financial transactions happen online or through apps, leaving dealers to do little more than act as fulfillment centers to various degrees, with little legal recourse as to compensation amounts when they're called on to deliver or service a car. That's a bad base to build on for business owners who've sunk millions of dollars into their operations.