1963 356, Well Maintained, Locally Owned on 2040-cars

Auto blog

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.

VW may move production because of Russia's cutoff of natural gas

Volkswagen AG is exploring ways to counter a shortage in natural gas, including shifting production around its network of global facilities, signaling how the energy crisis unleashed by Russia’s invasion of Ukraine threatens to upend EuropeÂ’s industrial landscape. Volkswagen, EuropeÂ’s biggest carmaker, said Thursday that reallocating some of its production was one of the options available in the medium term if gas shortages last much beyond this winter. The company has major factories in Germany, the Czech Republic and Slovakia, which are among European countries most reliant on Russian gas, as well as facilities in southern Europe that source energy from elsewhere. “As mid-term alternatives, we are focusing on greater localization, relocation of manufacturing capacity, or technical alternatives, similar to what is already common practice in the context of challenges related to semiconductor shortages and other recent supply chain disruptions,” Geng Wu, VolkswagenÂ’s head of purchasing, said in a statement.  RussiaÂ’s decision to throttle gas supplies to Europe has raised concerns that Germany might be forced to ration its fuel. Recent news that gas storage levels hit 90% ahead of schedule has soothed fears of acute shortages this winter, but Germany faces a challenge in replenishing depleted reserves next summer without contributions from Russia. Southwestern Europe or coastal zones of northern Europe, both of which have better access to seaborne liquefied natural gas cargoes, could be the beneficiaries of any production shift, a Volkswagen spokesman said by phone. The Volkswagen group already operates car factories in Portugal, Spain and Belgium, countries that host LNG terminals. Labor hurdles To be sure, any major production shift away from EuropeÂ’s biggest economy would face significant hurdles. VW has some 295,000 employees in Germany and worker representatives account for around half the companyÂ’s 20-member supervisory board. Any shift in production would likely involve a limited number of vehicles rather than wholesale factory shutdowns. While gas supplies for VWÂ’s plants are currently secured, the company has identified potential savings at its European sites to cut gas consumption by a “mid-double-digit percentage,” said Michael Heinemann, managing director of VWÂ’s power-plant unit. Still, the carmaker said it was concerned about the effect high gas prices could have on its suppliers.

Porsche to offer next-gen 911 GT3 with a manual

Porsche may have offended some of the purists among its customer base when it rolled out the current 911 GT3 with only a dual-clutch transmission. But according to Car and Driver, the next GT3 will get a stick again. The development comes as the good folks at Zuffenhausen (and Weissach) attempt to balance the instant-shifting benefits of a DCT with the direct involvement of a conventional manual transmission. On the one hand, Porsche introduced a new seven-speed manual with the 991-generation model. On the other, it didn't offer that manual (or any manual for that matter) on the GT3 or even the more hardcore GT3 RS. In response to customer demand for a more back-to-basics approach, Porsche is preparing to introduce a new variant expected to be called the 911 R, with a manual, no turbos, and skinnier tires for a more linear driving experience. And the Cayman GT4 was launched only with a manual instead of a DCT. "The GT3 is full of systems that make sense on the track, but for the purist, there may be something lost," Porsche GT chief Andreas Preuninger told C/D. "It is our long-term goal to have the customer decide between the two approaches." In addition to the DCT, the current GT3 also features a four-wheel steering system. The shift (so to speak) back to a manual option in the next GT3 will undoubtedly come as a welcome development for those purists offended by the DCT-only option – to say nothing of Porsche's movement towards SUVs, diesels, and hybrids. That manual option may not, however, offer all seven forward cogs available in the stick-shift Carrera. One way or another, though, we don't doubt that most customers would still go for the dual-clutch option over the single on they can actuate themselves. Related Video: