Weekly Porsche Wrap

Wendelin Wiedeking made the cover of Fortune Magazine – One site called him “Europe businessman of the year”, but I wasn’t able to confirm that title. He’s all the talk in investment circles…both good and bad I’m sure. I love this quote: “While the rest of the industry swooned, Porsche CEO Wiedeking outsmarted the hedge funds and bought VW.” [Via CNNMoney.com]

Porsche ads new exhaust option for 2009 – I didn’t realize what all the hubbub was about exhaust until I started looking for a Porsche and really listening to the sounds the car makes. Now they’re going to offer different exhaust tones to suit your taste. Pretty cool. [Via AutomobileMag.com]

Porsche cutting costs again with reduced labor – Among other things, Porsche is responding to the reduced demand for it’s cars by reducing labor hours with several cuts in production days between now and April. US consumption is down by 27% and sales in Germany are down 26%. [Via UPI.com]

2010 Porsche GT3 RS specs revealed – This will be a pretty amazing car. A 435 hp 3.8-liter flat-six taking you from 0 to 60 in 4.1 seconds. Then up to 100 mph in just another 4 seconds or so. Also some great control over car electronics that might otherwise reduce a driver’s ability to coax the car to perform the way he/she wanted. Starts at a mere $112,000. [Via US News]

Comments

  1. Wiedeking should open his own hedgefund. He’s got better business sense than a few of those managers who rode the boom.

  2. mitchell says:

    keeping the image intact and making it more about quantity over quality is pretty much it. he probably isnt interested in getting rich – he just likes what he does and what he is apart of.

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