PORSCHE CAR LEASING & CONTRACT HIRE

Porsche and Volkswagen release joint interim report
Today, for the first time, the Porsche has presented an interim report, which includes the reporting figures for both the Porsche and Volkswagen Subgroups. Porsche and Volkswagen joined forces back in May after months of Porsche attempting to further its stake in the Volkswagen. The VW figures reported today are for the first quarter of the [...]

Porsche Cayman 2.9-litre road test
The Cayman fits neatly between the Boxster and the 911 in Porsche’s model range, or it would do if it weren’t for the more powerful and slightly more expensive Boxster S. So where does that leave the hardtop-only Cayman with no ‘S’? Might it be superfluous to the Porsche sportscar line-up? Porsche Cayman lease prices [...]

Porsche and Volkswagen set to merge
Car makers Porsche and Volkswagen are to merge, it has been revealed after weeks of talks between the two. This means that the intended takeover of Volkswagen by Porsche will not go ahead as expected. It is believed that such a move was blocked by the German state of Lower Saxony which controls 20 per cent [...]

Auto Shanghai highlights automotive innovation
The doors open on the thirteenth Auto Shanghai today, with a stunning range of cars and an extensive number of manufacturers in attendance, despite the global downturn in vehicle sales. Exhibitors to the show include the US big three; GM, Ford, Chrysler as well as European car makers including Mercedes Benz, Renault, Peugeot, and BMW. Add [...]

All new Aston Martin four door grand tourer
Set for its public airing in late 2009, ahead of  it first appearing on UK roads during 2010, the all new Aston Martin Rapide  is the luxury brands first foray into the true four door grand tourer segment and looks set to battle against the new Porsche Panamera and Maserati Quattroporte. First shown as the Rapide [...]

Profits up again at Porsche
Porsche Automobil Holding SE, the company which owns the majority share in Volkswagen as well as Porsche badged vehicles, has announced an increase in profits for the first six months of their current business year (August 1, 2008 to January 21, 2009) Upon closer inspection the startling performance, flying in the face of most of the motor [...]

Porsche’s Panamera ready to go
German sports carmaker Porsche has released images of the interior of its forthcoming four-door gran turismo the Panamera. Images of the tourer were released in 2008 and even ridiculed on Top Gear as being particularly ugly, however these latest photos show elegant, unmistakably Porsche aesthetics with sweeping lines and real presence on the road. The carmaker is keen to [...]

Porsche provides business with traction
As the snow thaws, now is the perfect time for drivers to perhaps reflect on bruised egos – and at worst crashed cars - caused by losing control of their car in the treacherous road conditions of the past week. Following the opening of the state-of-the-art Porsche Driving Experience Centre at Silverstone, Northamptonshire, there has never [...]

Porsche announce mandatory offer on Scania
Porsche have announced its mandatory offer in Sweden for Scania. Under Swedish law, the luxury carmaker had to make an offer on Scania shares as it increased its stake in Volkswagen by more than 50 per cent. The bid is below the close of trading price on Scania stock yesterday. The acceptance period for the offer [...]

Porsche holding in Volkswagen to be increased to over 50 per cent.
On Monday, Porsche Automobil Holding SE, Stuttgart, purchased further ordinary shares in Volkswagen AG, Wolfsburg, increasing its holding to 50.76 per cent of all ordinary voting shares in Volkswagen. As a result of passing the threshold of 50 per cent, Porsche will acquire indirect control over Scania AB, Södertälje, and is required by Swedish law [...]