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Auto blog
Porsche becomes first company to rent out Vatican's Sistine Chapel
Fri, 17 Oct 2014We wouldn't go so far as to say God is a Porsche fan, but those in charge of one of the holiest Christian spots on our little blue marble are welcoming the German automaker into one of the religion's most revered and beautiful settings - the Sistine Chapel in Vatican City. In so doing, Porsche will reportedly become the first company to rent out the holy hall for a corporate function.
Now, it's not like Pope Francis has signed off on Porsche doing do donuts in a 911 underneath Michelangelo's The Creation of Adam. Instead, the Vatican has rented out the home of the Papal Conclave to the Porsche Travel Club, which will host a classical music concert. The Travel Club organizes events and tours across Europe for Porsche enthusiasts, with the Vatican concert just one part of a tour of Rome.
According to Automotive News Europe, Porsche will sell 40 tickets - at 5,000 euros each ($6,379) - to the event, while the Vatican has confirmed that the Pope will not be in attendance.
Car companies may need to start curbing model proliferation
Mon, 17 Nov 2014Looking at the current automotive landscape, especially from German makers, you quickly get the impression that less definitely isn't more. BMW alone offers its 3 Series platform in practically every segment possible, including the regular sedan and 4 Series Gran Coupe, which would seem to be direct competitors. Porsche might be the winner, though, with 20 different variants of the 911 listed for sale on its US website. However, some of this model madness might be reaching an end as companies begin cutting back spending or shifting money to other priorities.
According to Yahoo Finance, the offerings from the German automakers are up 25 percent over the past three years to over 200 models in Europe. The peak is expected to come around 2018 at 230 separate vehicles, according to consulting company PwC.
Amazingly, BMW, which is among the poster children for this model explosion, might be changing its tune. "I'm sure there will be points in the future where we look at certain cars and say, 'Maybe we need to think differently now,'" said head of sales Ian Robertson in an interview, according to Yahoo Finance. The statement certainly sounds shocking coming from a company rumored to have 23 front-wheel-drive vehicles all using a single platform on the way.
Porsche acquires Kyalami race track at auction
Mon, 28 Jul 2014With more victories under its belt than any other manufacturer, you could say, in a figurative sense at least, that Porsche owns countless numbers of race tracks around the world. But here we're not talking about figuratively owning a track - we're talking about literally buying one. And Porsche has just bought Kyalami.
Kylamai, for those unfamiliar, is a grand prix circuit near Johannesburg in South Africa. Between 1967 and 1985, and again in '92 and '93, it was home to the South African Grand Prix, and has since hosted a variety of local and lower-level international races, but apparently fell on hard times. As a result, the track's owners - listed as Universal Property Professionals - put it up for auction. Bidders had to deposit four million Rand (about $380k) to participate, but after just 50 seconds, the auction was over.
The winning bid was placed - via telephone from the local press launch for the Macan - by Porsche South Africa CEO Toby Venter, who bid a reported 205 million rand (about $19.5 million) to take over the complex. The German automaker's South African division reportedly intends to keep the track open for racing, but could also be expected to use the facility for testing, customer track days and such moving forward.