Porsche is investing more to boost capacity at German sites

Article by Anita Panait, on September 9, 2013

Porsche is spending more money to expand its production capacity at its sites in Stuttgart and Leipzig, Germany. The sports car maker plans to invest over EUR700 million ($923.8 million) alone at its main Stuttgart site in the next five years, according to chief executive Matthias Mueller. Porsche has also announced investments of around EUR500 million to expand its Leipzig site.

The sports car maker is targeting to sell over 200,000 vehicles annually in 2015 or 2016 -- three years earlier than planned. Mueller said that the carmaker is planning to decide on a new model line in 2014. Porsche logged a five-percent surge in sales in August to 11,481 cars, and a 16-percent hike in deliveries in the first eight months of 2013.

The German sports carmaker is expected to top 150,000 deliveries in full-year 2013, higher than its 143,000 vehicle sales in 2012. Porsche posted EUR2.4 billion operating profit in 2012. Porsche’s parent, Volkswagen, managed to offset lower demand for its vehicle in Europe thanks to stronger earnings performance of its luxury brands. Porsche accounted for EUR1.29 billion of VW’s EUR5.78 billion operating profit in the first half of 2013.

Porsche 911 Carrera's dramatic evolution is evident from every point. Seen from the side, new styling, bigger alloy wheels and the more bulging windscreen add to the even merrier, more coupe-like character. As standard, the updated, broader front end gets new headlights and bigger side air intakes. The broader, variably expanding rear spoiler accentuates the new 911 Carrera models' more potent production. Together with other aerodynamic enhancements, it likewise guarantees essentially lower lift while holding a similarly good cd value. Remodelled, smaller LED technology rear lights top off the rear profile.

All-new Porsche 911 Carrera sets new benchmarks in Porsche Intelligent Performance. The ingenious aluminum-steel lightweight body, integrated with a pile of new segments and functions, assists efficiency and driving dynamics in the same measure.

The brand-new 911 Carrera is the first passenger car on the planet to present a seven-speed manual transmission as standard. It is founded on the module of the optional seven-speed Doppelkupplungsgetriebe (PDK). The close proportion of the first six gears grants the driver extraordinary acceleration capability, with the seventh gear’s partly overdrive qualities allowing further scope for fuel economy.

Porsche 911 Carrera is the first sports vehicle that Porsche has installed with an auto start/stop function. The system can conserve up to 0.6 liters for per 100 kilometers based on the New European Driving Cycle (NEDC). The auto stop/start function is combined with both the PDK and manual transmission as standard. The joint thermal management system for engine and transmission and on-board electrical system recovery lessen the new 911 generation’s fuel usage by a further 0.35 l/100 km. As the new cooling design absolves with ventilation openings in the underbody, it likewise manages aerodynamic benefits, which are of advantage to performance.

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