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2017 marks Porsche Macan’s best sales yet with 97,000 units sold, beats 911 by huge margin

Porsche Cars North America, Inc. (PCNA), revealed that in the U.S. market, a total of 3,913 units were sold in December 2017. These are for the model lines that include the 718 Boxster, 911, Cayenne, Cayman, Macan, and Panamera. With this, total U.S. vehicle sales of the Porsche for 2017 are 55,420 units. This is higher by 2.1% when compared to sales in 2016, at 54,280 units.

Meanwhile, sales of the Porsche Approved Certified Pre-Owned vehicles amounted to 2,153 units. This represents an increase of 24.6% compared to sales in December 2016. In terms of total annual sales, the figure stands at 19,104 deliveries, an increase of 12.5%.

For December 2017, the Porsche Macan represented almost 37% of the total sales with 1,444 units sold. This was followed by the Cayenne at 24% with 940 units and at third is the 911 at around 20% for 773 units sold. However, it is worth noting that compared to the previous year, the Cayenne was down around 20% with the 911 experiencing a slight increase at 9%.

Read the entire article 2017 marks Porsche Macan’s best sales yet with 97,000 units sold, beats 911 by huge margin

UK is the only European market that will get a four-cylinder Porsche Macan

Back in April, Porsche unveiled the entry-level Macan in China as the market demanded a smaller engine for company’s crossover. The new Macan arrived at the 2014 Beijing Motor Show a.k.a. Auto China 2014 on April 20. Powered by a 2.0-liter four-cylinder petrol engine, the new Macan is expected to outsell the V6-powered versions in China due to the reduced fuel consumption but also due to the reduced fuel consumption tax of 12 percent.

The bigger 3.0-liter V6 engine has a 25 percent fuel consumption tax. The bad news is that this four-cylinder version of the Macan will not arrive in markets such as Germany and France due to the fact that all the left-hand-drive production of this model is built for China.

According to a Porsche spokesman, the demand will be strong in China, but the company doesn’t expect the same interest from right-hand-drive Asian markets such as Japan. As a result, the 2.0-liter Porsche Macan is expected to sell in very small numbers in the United Kingdom.

Read the entire article UK is the only European market that will get a four-cylinder Porsche Macan

Porsche expects Macan to boost growth in China

Deesch Papke, chief executive of Porsche’s Chinese operations, expects its sales growth in China to fast-track in 2014, boosted by the launch of its Macan compact sports utility vehicle as well as its move to expended deeper in the country. Papke told Bloomberg News that the “epicenter of the world” is now in Asia, where China is the obvious powerhouse.

He expressed optimism about the success of Macan, a smaller version of its Cayenne SUV that proved to be very popular in China. It could be noted that Porsche sells more Cayenne in China than in any other country, despite having a tag that is thrice its price in the United States.

Porsche expects its global deliveries to rise to 200,000 as early as 2015, and is counting on demand in China to sustain growth and overtake the US as its largest market by 2014.

Read the entire article Porsche expects Macan to boost growth in China

IHS expects Porsche to sell 63,000 Macans in 2014 debut

IHS Automotive is expecting Porsche to achieve its goal of topping its annual vehicle sales of 200,000 units up to four years ahead of schedule. IHS is even forecasting that Porsche could become more profitable after becoming part the Volkswagen Group, analysts predict. The key element for the forecasts is the expected rollout of Porsche’s Macan compact premium SUV in 2014.

Tim Urquart, senior analyst at IHS Automotive, remarked that they expect Porsche to sell around 63,000 Macans in 2014 and the compact premium SUV becoming the carmaker’s best-selling model. Porsche plans to unveil the Macan at the Los Angeles auto show in November and start building the model in December 2013.

Porsche sold 143,096 cars in 2012, a figure that could top 200,000 units once the forecasted Macan volume is reached. Porsche has said it aims to achieve 200,000 in annual sales by 2018 – the carmaker’s contribution to parent VW Group's Strategy 2018 plan.

Read the entire article IHS expects Porsche to sell 63,000 Macans in 2014 debut

It was just several months ago when European commissioner Elzbieta Bienkowska called diesel-powered cars as the technology of the past, even giving a prediction that these vehicles will completely disappear in the near future. While it is still too early to say whether her statement will come a true or not, but carmakers are facing a harsh reality for now – public demand for diesel cars are dropping in a fast pace in Europe.

Public sentiment towards diesel cars in Europe has been dropping for the past years, with more and more consumers in the region looking to purchase cleaner, more environment-friendly vehicles. While Europe has been considered as the largest market for diesel cars since the 1980s, but the hunger for such vehicles has been waning lately. It was really evident from how carmakers across Europe has been shying away from diesel cars and pursuing electrification. Nonetheless, the latest available figures on sales of diesel cars are a better proof.

According to a report by the International Energy Agency (IEA), there is really a huge decline in the demand for diesel cars. Since its statement is backed by numbers, it is really quite hard to deny the fact. As per IEA, diesel cars hold a large chunk of the automotive market in Europe, accounting for 42.5 percent of all sales as of start of 2017. But a year after at the start of 2018, the market share of diesel cars in Europe had shrunk to 36.5 percent. Overall during the period, carmakers manage to just move 3.12 million diesel cars to customers in Europe, for a huge decline of 16 percent, according to IEA.

Read the entire article Sales of diesel cars continue to drop in Europe, as per International Energy Agency

If you’re planning to buy a new Porsche unit powered by a diesel engine, better do it as soon as possible. This is because the German sports car maker has decided it has nothing to do with diesel engines anymore, no thanks to ever decreasing demand for such mills. Yes, Porsche won't be offering diesel-powered vehicles anymore.

Seemingly, gone were the days when diesel engines go toe-to-toe against gasoline mills for supremacy. Now, more and more carmakers are trying to shy away from diesel engines, but not because of gasoline powerplants. In the past few years, there has been a growing trend and increasing demand for electrified and all-electric products. On the other hand, the demand for diesel engines has been dropping.

Porsche’s decision to drop its diesel lineup could be traced back to the so-called Dieselgate scandal. This scandal involved the emissions of diesel engines employed by brands of the Volkswagen Group. This forced the group to re-focus its strategy and plan for a lineup laden with electrified – including all-electric – vehicles. Interestingly, Porsche is part of the VW Group.

Read the entire article Porsche officially drops diesel engines from its lineup

A little less than a year ago, Richard Hammond was able to escape death during a hillclimb event that took place in Hemberg, Switzerlnad. Here, he flipped the Rimac Concept One, and it rolled over several times. Hammond was able to get out of the car before burst into flames, suffering some injuries. Today, the guy is is perfect shape.

It might have been a stressful couple of months for The Hamster and the guys from The Grand Tour. But in contrary, Croatian electric hypercar vehicle, Rimac, was able to sell three cars that exact same day, according to Kreso Coric, their head of sales. He added that it was actually the “best marketing ever”.

Despite saying that, Coric admitted that he was concerned about the aftermath of the horrible crash. He stated that he was scared because the accident was a pretty serious one, and that it could have ended in a different way, and that would affect more people, and their brand.

Read the entire article Rimac sold 3 cars the day Richard Hammond flipped the Concept One

Working in the automotive industry can be such a great thing especially if you’re under the right company. We have heard of bonuses that brands like Audi, Daimler, and General Motors give, and they are pretty massive. This time, Porsche is giving away their fare share to their employees after a successful financial year in 2017. The automaker is giving away bonuses to around 23,000 workers.

The Porsche Executive Board and Group works council made an agreement to give a bonus of €8,600 plus the €700 that will be directed to company’s own pension scheme, or to individual ones. Aside from that, after 70 years of being in the industry, with their very first model, the 356 that dates back to 1948, the automaker will give employees an additional €356 to celebrate this model. Similar to last year, the automaker then gave their employees a yearly bonus of €9,111 to celebrate the 911.

To be fair to everyone, the company is not giving the same amount of bonus to every person in the company. The amount each person will be getting is based on their working hours as well as the amount of time they had been working in Porsche.

Read the entire article Porsche gives out fat checks for annual bonuses after a successful 2017

To jump onto the next step of going greener, Porsche announced that they will be getting rid of the last few vehicles that have diesel-fueled engines in their lineup, so that they could focus on electrifying their vehicles. In fact, European countries will no longer offer the Panamera and Macan with the oil burning mills. The first Macan S Diesel and Panamera 4S Diesel initially came out nine years ago.

In an interview between Autocar and Porsche, the automaker cited a cultural shift as the reason for the decision. There was also a regulatory reason behind the choice as there has been a software update that has recently been involved in an “ongoing consultation with the authorities”.

This was decided after the automaker chose not to launch the new version of its Cayenne SUV with a diesel engine. In fact, the Cayenne was actually the very first Porsche to offer diesel power back in 2009.

Read the entire article Porsche purges last diesel engines in lineup amid cultural shift to electrification

2017 was definitely a great year for Porsche as the automaker was able to break their sales record in the United States. Overall, they delivered a total of 55,420 vehicles, which stands for a 2.1 percent increase over the previous year.

Of course, you are probably wondering which model contributed the most to the total. And to answer your question, that would be the Macan. In fact, that nameplate alone sold 21,429 units, which is a huge improvement over 2016, which posted a total of 19,332 units delivered. Next in line is the Cayenne, which had 13,203 deliveries. The third most popular car would be the 911, which sold 6,731 units.

Just like the 911, 6,731 units of the Panamera premium sedan were sold as well. The Cayman and Boxster duo, on the other hand, reported 5,087 units in combined deliveries.

Read the entire article Porsche surpasses US annual sales record in 2017 with 55,420 deliveries

As the year 2017 comes to an end, the race for luxury sales has also reached a remarkable finish. This has always been a highly contended segment in the United States with each automaker making various daring attempts to elbow each other out. Well, we’re here to report that it seems like Mercedes-Benz will be taking the crown home for the second year in a row.

Last month, Bloomberg reported that Mercedes-Benz has delivered a total number of 302,043 units in 2017. And that number is mostly comprised of their strong sellers including the C-Class, GLC, and the GLE. That’s not all, because the Mercedes-AMG alone was doing so well too. In fact, sales were up by 49.6% in 2017, adding up to a total of 30,116 units. There is also the entry-level 43 lineup that is a lot cheaper than the pure AMG models.

According to reports, Mercedes-Benz has been doing very well with their SUVs. This could be because their offerings have become more practical.

Read the entire article Mercedes-Benz keeps crown as top luxury brand in the US in 2017

Porsche has been making a killing in terms of sales with its two luxury sports utility vehicles, the compact Macan and the midsize Cayenne. While Porsche is known for its high-performance sports cars, its two SUVs have been outselling its other offerings combined. But perhaps time is already ripe for the German sports car maker to offer full-electric and coupe versions of the Macan and Cayenne. Porsche will decide on that matter next year.

In an interview with Automotive News during the recently held 2017 Los Angeles Auto Show, Porsche chief executive Oliver Blume made it clear that the company’s first all-electric vehicle – based on the Porsche Mission E Concept sedan unveiled at the 2015 Frankfurt Motor Show – won’t be the company’s last project in electro-mobility. Thus, in line with its plans, the German sports car maker will be announcing its second electro-mobility project in the first half of 2018.

Blume quipped that the company needs to check first whether a Porsche SUV would make sense as its next electro-mobility project. This all-electric SUV could be an EV version of the Porsche Macan, as hinted by executives at the carmaker. The chances that the Macan or the Cayenne SUVs would be the Porsche’s next electro-mobility are high, considering that SUVs are its best-sellers. It would further diversify Porsche’s offerings without having to create a completely different vehicle. With the production version of the Mission E set to arrive in 2019, the EV variant of the Macan or Cayenne is anticipated to come shortly after that.

Read the entire article Porsche will decide fate of coupe and EV versions of Macan and Cayenne in 2018

It has only been a few days since Oliver Schmidt, former Volkswagen executive, was handed a maximum possible sentence by US District Judge Sean Cox. He will have to spend seven years in prison and pay a fine of $400,000. And on December 8, Volkswagen has again been put on the spot. The German automaker urgently had to stop their sales of the T6 Multivan in Germany because it was discovered that the van emits way more nitrogen oxide than what is allowed by local emissions limits.

Der Spiegel magazine said that the findings have already been reported to the KBA, Germany’s motor transport authority. This had been quoted by Automotive News.

What happened is that Volkswagen set the “adjustment factor” too low when they submitted documents to the KBA to have the T6 Multivan’s sales approved, says the German publication. To defend their name, a Volkswagen spokesperson from the commercial vehicle division said that incorrect engine management software is ruled out as a possible reason for these uncertainties.

Read the entire article VW T6 Multivan sales are halted in Germany due to high nitrogen oxide emissions

There’s no stopping the increasing popularity of electric vehicles across the globe. Nevertheless, a lot of people are still into internal combustion and do not want that to become extinct. However, if Porsche is right, the future of performance could possibly be more silent. Klaus Zellner, Porsche’s President and CEO of North America spoke to Green Car Reports in Los Angeles and he said that hybrid technologies have brought more new buyers to Porsche showrooms more than any other models they have sold.

In the same interview, he said that the automaker expects half of its global sales volume to come from plug-in hybrids by 2025. In fact, this figure seems a lot more than what people might expect. It is also more aggressive than estimates from Porsche’s cousins at Audi, where 25 percent of global sales are expected to be of the hybrid variety for 2025 as well.

But for this to actually happen, Porsche will have to develop and offer more plug-in hybrid models. As of today, it is just the Panamera and the Cayenne that have such technology. In the near future, the Mission E will be part of the lineup, but this will instead rely solely on the electric power to provide its punch. And for other hybrid offerings, Zellner did not further expound on this matter, though he did talk about the other requirement for stronger plug-in hybrid and electric sales, and this is the car’s ability to recharge.

Read the entire article Plug-in hybrids will comprise half of Porsche sales by 2025, fast-charging system in the works

Automotive industry veteran Bob Lutz has once again spoken out against Tesla. Known as one of Tesla Motors’ greatest skeptics, Lutz had stated two years ago that the Silicon Valley carmaker is doomed. Now, Lutz is saying flat out that Tesla is going out of business and won’t even get to 2019 at this rate.

In an interview with the show “Power Lunch” at CNBC, Lutz cited a number of issues or reasons why Tesla would not be able to last long in the automotive industry. The electric carmaker has been facing these issues for quite some time, and some of these have been known to the public.

According to Lutz, Tesla is burning its cash fast, no thanks to fixed costs that are now out of control. In fact, Tesla is also spending around $1 billion a quarter, which is at par with what GM spends. However, there is a big difference in the number of vehicles and models that the two carmakers are selling. For instance, Tesla is effectively selling just three models while GM has dozens on its lineup. While GM is raking profits, Tesla posted $619 million in losses in the third quarter of 2017 while managing to build just 260 examples of the Model 3.

Read the entire article Former GM vice chairman Bob Lutz says Tesla will go out of business by 2019

Demand for the Mercedes-AMG Project One hypercar is so high that people had been lining up to get a piece of this 1,000-hp-plus road machine even before Mercedes has commenced its production. Mercedes has placed the production cap at just 275 examples. In fact, the AMG Project One is practically sold out. Thus, those included in the shortlist of customers for the new AMG Project One could be considered as having a great amount of luck.

It turns out that one of those in the shortlist is trying to transform such luck into fortunes. Of course, with a price tag of around $2.7 million, the AMG Project One is reserved for the rich and affluent. Aside from taking into possession a one-of-a-kind hypercar laden with Formula One technologies, future owners would be getting their hands on one of the most exclusive and limited supercars in the market. This person in question doesn’t seem to like the prestige that comes with owning an example of the AMG Project One. But instead of just giving it away, he or she is selling his/her spot on the shortlist, as advertised on the German marketplace Mobile.de

It goes without saying that there would be people willing to take up this person’s offer. Getting into the shortlist of buyers for the new AMG Project One would be like hitting the jackpot. Even if this person is offering to sell his or her build slot for $5.22 million (€4.51 million) –– or nearly twice the price of an actual AMG Project One -- there would still be people who would ink a deal.

Read the entire article Shortlisted customer for Mercedes-AMG Project One is selling build spot for $5.22 million

Porsche already has the Performance Package for their range-topping Macan Turbo, which is currently available in some countries. Soon, this model will be dethroned by something even fancier by the Porsche Exclusive Manufaktur department at their Leipzig factory. This Porsche Macan Turbo Exclusive Performance Edition has been fitted with all the hardware bits you can think of that the automaker can cram into the performance SUV.

Starting off with the exterior, the SUV sits on a set of 21-inch 911 Turbo Design wheels with glossy black lateral spokes for extra flair. The package comes standard with front and rear LED lights, as well as the accents on the front spoiler, side blades, and rear apron, all in Carmine Red. To match all this, the Macan Turbo lettering gets the same hue of red, contrasting the blacked out “Porsche” badge.

This special edition Porsche Macan can already be ordered in Germany starting at 116,091 euros, making it 4,000 euros more expensive than the base models, and 24,000 euros more expensive than the Macan Turbo with the Performance Package.

Read the entire article Porsche Macan Turbo Exclusive Performance Edition looks gorgeous, costs a lot!

With three more months to go before the year ends, three premium auto companies are jousting their way up to see which of them could claim the crown as the best-selling luxury carmaker in the United States for 2017 – Mercedes-Benz, BMW and Lexus.

Mercedes-Benz managed to hold on to the US No. 1 spot after nine months of sales. From January to September, Mercedes delivered 242,250 luxury vehicles, excluding its vans and smart-branded models. This figure represents a 2.8-percent year-on-year drop in sales compared to the first nine months of 2016, when Mercedes delivered 249,204 premium units in the US.

Mercedes-Benz continued to lead the US luxury race even after posting dismal sales in September 2017. The carmaker suffered a sales decline in the month – by 1.7 percent – making it the only luxury brand that didn’t registered a surge in September 2017. Figure-wise, Mercedes delivered 29,008 units in September 2017 in the US, compared to 29,500 luxury vehicles sold in the same month in 2016.

Read the entire article Mercedes-Benz stays on top of US luxury car sales in the first nine months of 2017

Social Capital CEO Chamath Palihapitiya has presumed the entire (BMW 3 Series) business will “go to zero” judging by the number of pre-orders made for Tesla Model 3. Appearing on CNBC’s Fast Money Half Time Report, Palihapitiya claims that orders for the 3 Series are already being hit significantly by Tesla’s more affordable EV, adding that people do not know anything about the level of demand surrounding the popular Tesla Model. Adam Jones of Morgan Stanley has opposed the claim, citing both political and international contexts to the businesses.

Palihapitiya is a former member of Facebook’s senior executive team and has just attended the 2017 Delivering Alpha conference in New York last September 12. Earlier this week, the investment analyst pointed out there is not one person in his right mind who would choose BMW 3 Series over Tesla.

Despite this, BMW i3 has received a makeover in the hopes of competing with Tesla’s long ranging, lower priced sedan. The revamped i3 will be featuring a host of optional driver assistance technologies including adaptive cruise control though we know it won’t make the range any better. Like before, the i3 can only run up to 160 kilometers per charge plus it comes with an extended range of about 290 km. In contrast, the Tesla Model 3 boasts a range that goes somewhere between 350km and 500km.

Read the entire article Investment analyst foresees Tesla Model 3 market domination over BMW 3 Series

The Porsche Panamera sporty sedan offers a dynamic drive and comfortable ride, with the capability to accommodate up to four occupants. While the Porsche Panamera is a healthy proposition for North American drivers who wanted a performance-laden sedan, it does discourage potential customers looking for a sedan that could to ferry up to five occupants at a time.

Now Porsche is looking forward to win back those customers in the United States. Klaus Zellmer, chief executive of Porsche Cars North America, told Automotive News at the Frankfurt Motor Show that the German sports car maker is making available an optional rear bench. With this option, the Porsche Panamera sedan could accommodate five occupants, instead of the usual four. However, the bench option would be made available next year, so for now, Panamera sedan customers would have to settle for the four-seater.

As designed, the Porsche Panamera sedan carries two occupants on the front (driver and front passenger) and another two on the rear cabin (individually seated rear passengers). The individual seats on the front are separated by a center console, and so are the individual seats on the rear. This basically rules out the existence of a fifth passenger in the Panamera sedan.

Read the entire article Porsche confirms Panamera sedan would soon feature rear bench seat for fifth passenger