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Search resuls for: "Ferdinand Porsche"


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They have become increasingly popular in the United States even as sales of purely electric models have started to slow. The German automaker Porsche, a division of Volkswagen AG, already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car, but a hybrid 911 is another matter. Initially, hybrid power will be available in only one version of the car, the high performance 911 Carrera GTS. In another major change for Porsche, this car will not be a plug-in hybrid, as other Porsche hybrid models have been. Besides hybrids, Porsche also sells fully electric cars, the Taycan and the new Macan Electric SUV.
Persons: CNN —, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen AG, Carrera, Volkswagen Locations: United States, Cayenne
Porsche’s iconic 911 is going hybrid
  + stars: | 2024-05-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
A hybrid Porsche 911, with its gas engine assisted by at least one battery-powered electric motor, will officially be revealed in an online event on May 28. Porsche itself already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car but a hybrid 911 is another matter. This new hybrid model will be the closest Porsche can get to an electric 911 without raising those sorts of philosophical questions. But we do know the hybrid 911 is clearly faster than the current purely gas-powered 911. The faster time indicates the hybrid 911 has greater power due to the addition of electric assistance.
Persons: CNN —, ” Jörg Bergmeister, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen Locations: Cayenne
"The major shareholders are certainly not the reason for the poor valuation of the share," Wolfgang Porsche, who leads the supervisory boards of both Porsche SE (PSHG_p.DE) and Porsche AG, told Reuters on the sidelines of the IAA car show in Munich. The Porsche and Piech families essentially control Volkswagen via their holding firm Porsche SE, which holds most of the voting rights in the Wolfsburg-based carmaker. "We have to get an even better grip on performance and costs," Porsche, 80, said, adding Volkswagen had to become more competitive. With a view to its competitors, the group could not assume that it would be able to avoid cutting costs, Porsche, who also sits on Volkswagen's supervisory board, said. Regarding the families' closely-watched succession planning, Porsche said that his nephew, Ferdinand Oliver Porsche, who also sits on the supervisory boards of Volkswagen, Porsche SE and Porsche AG, was a natural future successor were he to step down.
Persons: Wolfgang Porsche, Ferdinand Porsche, Oliver Blume, Oliver Blume hasn't, Ferdinand Oliver Porsche, Porsche, Jan Schwartz, Christoph Steitz, Mike Harrison Organizations: Porsche, Porsche AG, Reuters, IAA, Volkswagen, Thomson Locations: MUNICH, Munich, Wolfsburg
Global company names often get Anglicized or Americanized to the point where they're unrecognizable, but brands could see some benefits if their names are pronounced correctly. Allianz: al-ee-anz"Allianz " is, perhaps unsurprisingly, the German word for "alliance." It isn't pronounced like the ancient Greek herald of the gods, Hermes, unlike the U.K. delivery company of similar spelling. Moët & Chandon: mow-et ey shon-donIn contrast to typical French pronunciation, there is a hard "T" sound at the end of "Moët." Heuer is the last name of the company's founder, Edouard Heuer.
In-wheel motors could be the future of electric cars
  + stars: | 2022-10-26 | by ( Nell Lewis | ) edition.cnn.com   time to read: +7 min
Mounted in the rim of an electric vehicle’s wheels, the motors increase efficiency by delivering power directly to where it’s needed most. Supercars and pickup trucksElaphe, which was founded in 2006 by Gorazd Lampič and quantum physicist Andrej Detela, has designed in-wheel motors for a range of electric vehicles. In-wheel motors are far more exposed to the elements as well as impacts and vibrations from the road. The report notes that as electric vehicles become more popular, automakers are looking towards in-wheel motors for their space-saving abilities and improved power efficiency. Another major player is Protean Electric, which was acquired by British electric vehicle maker Bedeo in 2021.
The long, winding road to Volkswagen's Porsche IPO
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: +5 min
October - Porsche SE says it holds stock and options that give it control of 74% of Volkswagen's votes and announces plans for a "domination" agreement. 2012July - Volkswagen agrees to buy the remaining 50.1% stake in Porsche AG from Porsche SE for about 4.5 billion euros. Porsche AG, the carmaker, is now fully owned by Volkswagen AG, while Porsche SE, which is controlled by the Porsche and Piech families, is Volkswagen's largest shareholder and holds a majority of voting rights. 2022February - Volkswagen and Porsche SE say they are examining a possible initial public offering of Porsche AG, under a proposed structure that would give Porsche SE a blocking minority in the eponymous carmaker. On Sept. 29, shares in Porsche AG start trading on the Frankfurt stock exchange at 84 euros apiece, above the issue price of 82.5 euros.
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