1986 Porsche 944 on 2040-cars

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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.

Porsche 924 GTP restored for coupe's 40th birthday

The Porsche 924 is among the most unappreciated models from the German brand, but it's still an important part of Porsche's history as the predecessor to the 944 and eventually the 968. To mark the 40th anniversary of the sport coupe's 1976 introduction, Porsche Great Britain is restoring an important member of the vehicle's legacy by bringing a 1980 Porsche 924 GTP racecar back to its former glory. This car was among three factory-backed 924 GTPs that raced in the 1980 24 Hours of Le Mans. After the event, the car immediately went into Porsche's museum collection, and it has been there ever since. The missing body parts and rough paint still show the wear and tear of racing around the clock in France. The 924 GTP featured all the tricks you would expect would be needed to take the road-going coupe to the track. Porsche cut the weight down to 2,050 pounds, and the 2.0-liter turbocharged engine made 315 horsepower and 282 pound-feet of torque. Power went to the rear wheels through a five-speed gearbox. You can follow along with the restoration online, including period photos of how it should look. The video above also offers a rare glimpse at the Porsche archive, which includes over 5 million photos and 5,000 hours of movies and audio. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Porsche Cayman GT4 speeds back into view

We're all familiar with the succession of numbers that follow the letters GT on a hard-core Porsche 911: the GT1 that was Stuttgart's Le Mans contender in the late 90s, the GT2 that packs turbochargers but without the Turbo's all-wheel drive and excess weight, and the naturally aspirated GT3 that's the enthusiast's choice. But a GT4? That's something new, and exactly what Porsche has in store.
Spied testing in Germany once again is the upcoming GT4 version of the Porsche Cayman, set to supersede the existing GTS and take the place of the previous Cayman R at the top of Porsche's junior sports car range. This latest batch of spy shots doesn't show us much more than the last crop, but gives us a much clearer view at what promises to be the most hardcore Cayman to date.
As you can see, the Cayman GT4 packs a much more aggressive aero kit and rolling stock than any version we've seen to date. It's got a lip spoiler, big air dam and GT3-style vent in front of the hood, deep air scoops along the flanks, a set of spindly alloys packing oversized brakes, a diffuser with twin central exhaust tips around back and a rear wing that's likely to be replaced with a sleeker unit before the GT4 reaches production.