Porsche may expand its lineup of electric-powered vehicles as the brand seeks to add power and adapt to Chinese emissions restrictions. Porsche sees the acceleration capabilities of electric motors reinforcing its cachet as a performance brand.
Virtually every brand in the auto industry is bragging about its autonomous driving capabilities But when it comes to "the future of transportation," Mazda and Porsche got the memo -- they just decided to go another way.
Porsche is expanding its global dealership network with a showroom format that abandons normal markers of corporate identity for a "soft cell" approach. The first store has just opened in Germany, with others to follow in China, the U.S. and the Middle East.
Ferdinand Piech can look back at a lifetime of accomplishments that put Volkswagen Group on the path to becoming the world's largest automaker. An engineer, Piech rose to become VW Group's CEO and later chairman, along the way turning Audi into a rival to Mercedes and BMW. He rescued VW from the threat of bankruptcy and added brands such as Bentley and Bugatti.