1977 Porsche 911 on 2040-cars

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Winterkorn steps down as CEO of Porsche SE

Martin Winterkorn's departure from all things related to the Volkswagen Group is nearing completion. After having stepped down as chairman of the automaker's executive board nearly a month ago in the wake of the automaker's diesel emissions scandal, he's now leaving the direction of the company's principal shareholder, as well. After VW acquired Porsche (the automaker) several years ago, and in turn was principally acquired by Porsche (the holding company), the latter installed Winterkorn as its chief executive officer in order to cement ties between the parties. He's served as chairman of the executive board (German-speak for CEO) at Porsche Automobil Holding SE ever since, but he's now officially resigned from that position. In his place, the holding company has named Hans Dieter Potsch as its new chief exec. Potsch was also recently named as chairman of the supervisory board of the Volkswagen Group, having served until now as CFO of both VW AG and of Porsche SE. Winterkorn's principal successor at the helm of daily operations at VW is Matthias Muller, formerly CEO of the Porsche auto brand and now CEO of the entire VW group. The development brings Winterkorn's exit closer to completion. However the departing executive still, for the time being, remains at the head of group divisions Audi, Scania, and Truck & Bus GmbH. We don't expect it will be much longer, however, before he formally resigns from those chairmanships as well. Related Video: Porsche SE: Prof. Dr. Martin Winterkorn ceases function as member and chairman of the executive board Successor as chairman will be chief financial officer Hans Dieter Potsch Stuttgart, 17. October 2015. Porsche Automobil Holding SE, Stuttgart ("Porsche SE"), reached an agreement with Prof. Dr. Martin Winterkorn that he ceases his function as member and chairman of the executive board of Porsche SE by the end of October 31, 2015. Dr. Wolfgang Porsche, chairman of the supervisory board of Porsche SE, thanked Prof. Dr. Winterkorn for the successful work in previous years: "Prof. Dr. Winterkorn assumed office as chairman of the executive board of Porsche SE in a difficult situation. He played a significant role in transforming our company into a highly professional investment holding. I would like to express my gratitude on behalf of the entire supervisory board." Hans Dieter Potsch, chief financial officer of Porsche SE, was appointed by the supervisory board to succeed Prof. Dr.

Stunning vintage Porsche 911 collection profiled by eGarage

It's Pebble Beach time, so how appropriate that eGarage presents us a vid on one of the finest personal Porsche collections in the world. A former COO of drug maker GlaxoSmithKline, Robert Ingram amassed more then 50 Porsches that include a 1949 356 Gmund, a 1961 356B 1600 Carrera GTL Abarth Coupe, and a 1964 356C Carrera 2 Coupe. His collecting career didn't start well, Ingram saying he bought his first Porsche in 1959 sight unseen and it was a fiasco, the seller had lied about everything. Ingram said he still has the car, unrestored, and uses it to show people "what happens when you don't do your due diligence." Things have got much better. Ingram said he's committed to using his cars during his lifetime, so he called some friends for a weekend in Napa Valley to drive selections like his 1968 911L Rally Kit/Sport Kit II, a 1973 911 Carrera RS 2.7, a 1974 911 RS 3.0, and the first 1990 911 Carrera 4 Lightweight. As far as we can tell, they did not drive the Porsche tractor also in the collection. The collection is covered in a new book called Porsche Unexpected by veteran car writer Randy Leffingwell, with photography by Michael Furman, and it also examines the skill of collecting, with tips and mistakes shared by Ingram and other collectors. You can check out some of the cars and words from the party involved in the video above. News Source: eGarage via YouTube Porsche Coupe Luxury Performance Classics Videos egarage

2015 Porsche Panamera S First Drive

Porsche brought the Panamera in for its garage makeover and drove it out looking almost exactly the same. Turns out it was one of those fancy German refreshes where everything happens in places you can't immediately see, as we found recently on the 2015 Volkswagen Jetta TDI. The marquee revision across the lineup is under the hood, where every engine gets, at the very least, more power. Such is the case for the naturally aspirated V6 in the entry models, fitted with an increase of 10 horsepower for a total of 310. The same goes for the naturally-aspirated 4.8-liter V8, which lives only in the Panamera GTS now, and gets 10 more hp for a total of 430. That same V8, twin-turbocharged in the Turbo model, is graced with 20 more ponies for 520 hp. The mightiest marquee revision is saved for the S models, which surrender their use of the 4.8-liter V8 and get a 3.0-liter, all-aluminum, twin-turbocharged V6 in its place. It's a brand-new engine designed in-house and related to the 3.6-liter V6 in the base models, but with new features like a magnesium timing chain cover, variable camshaft timing for the intake and the exhaust valves, and a new fuel- injection system. Putting out 420 hp and 384 pound-feet of torque, it's got 20 more hp and 15 more lb-ft than the V8 it replaces. What's more, torque used to peak from 3,500 to 5,000 rpm, but the new torque curve maintains maximum twist from 1,750 to 5,000 rpm. It is less thirsty as well, posting an estimated fuel economy of 17/27 miles per gallon city/highway, besting the 16/24 city/highway of before. An improved stop-start mechanism contributes to this, as it cuts the engine earlier, and the coasting function benefits from a new disc clutch that can decouple the seven-speed PDK dual-clutch transmission from the driveline. As we wrote in our Panamera S E-Hybrid review, you'd need to be obsessed with the Panamera to notice the sheet metal changes around that engine. It's the perfect car to ask, oh so coyly, "Notice anything different about me?" while you stand there dumbfounded, silently thinking, "No." Here is your cheat sheet: the front and back ends are "tighter," meaning faintly more squared off, the front intakes are larger, the tailgate gets wider rear glass over the same-sized opening, the rear spoiler is wider, and the rear license plate bracket has been mounted lower. But even now that you know what the changes are, odds are still 200-to-1 against you actually noticing.