Currently all Porsche vehicles are brought into the country through Precision Cars India, which was the only importer, but now it is no more as VW India have finally decided to import the legendary marquee themselves. The Volkswagen Group has officially announced and confirmed that it will now be the official importer and distributor of [...]

Well, well. It looks like car manufacturers just can’t get enough of ‘the going small’ routine. We have seen this craze with small cars becoming an obsession of sorts with manufacturers from all over the world, but mainly in Europe where strict emission norms are the true cause for the changing trend. But it is [...]

German auto company Volkswagen (VW) this week bought a 49.9 per cent stake in Porsche AG, for 3.9 billion euros ($5.8 billion). It will complete the acquisition 2011. The move is expected to increase the annual operating profit of the Volkswagen Group by approximately 700 million euros. VW said in a statement that there was [...]

German luxury car maker Porsche will be launching its luxury sedan, the Panamera, in India on October 6, 2009. The Panamera was unveiled at the Shanghai International Auto Show in April this year. It is expected to be priced at approximately Rs 2 crore in India. Porsche’s products are imported to India by Precision Cars [...]

Car company Volkswagen will be merging with German sports car maker Porsche by 2011. VW will initially shell out 3.3 million euros to a buy a 42 per cent stake in Porsche. The firms’ supervisory boards announced that after the tie-up, VW’s Chief Executive Martin Winterkorn will head both Porsche and VW. The merger is [...]

German luxury car maker Porsche will be launching its premium sedan, the Porsche Panamera, in India in October 2009. The car will be priced in the range of Rs.1.41 crore to Rs.2.05 crore and will be available in three variants with a 4.8 litre V8 engine. Rod Wallace, the managing director of Precision Cars India, [...]

The 12th largest consumer market in the world currently and rushing headlong to become the 5th largest by 2015, India seems to be turning out into world’s automakers’ touchstone to see where lies the gold. While a couple of years back, bullock carts, cycles, scooters, Ambassador and M800 ruled the Indian roads, there is a [...]

The name’s Panamera. Porsche Panamera. The German manufacturer had registered the name at the same time it registered Cayman. After testing the cars under various facades in Nurburgring, Porsche finally seems ready to say hello to the world with Panamera. Industry sources say that the Porsche will debut the car in Geneva Motor Show in [...]