PORSCHE
After Diddy, now his son Justin Combs struggling to do this; here's what the problem is
Recent reports have revealed that the son of Sean Diddy Combs whose name is Justin Combs is pretty struggling to rent luxury home for his events due to a significant reason.
What I learnt about luxury at the Rolls-Royce school for chauffeurs
The author recounts their experience attending a Rolls-Royce chauffeur training program in Las Vegas led by Andi McCann. McCann, a seasoned Rolls-Royce driving coach, emphasizes the importance of meticulousness, discretion, and anticipatory service in providing a luxurious experience for passengers.
The only Porsche 40 Jahre 911 in India hits the auction block today
In 2003, Porsche released a limited-edition model, the ¡®40 Jahre 911¡¯, to celebrate the 40th anniversary of its¡¯ iconic 911 model. Only 1,963 cars were sold worldwide. Today, one of them is going up for auction at AstaGuru¡¯s ¡®Classics of Motoring¡¯ sale.
Volkswagen union warns against plant closures, backs $1.6 billion cost cuts
The proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germany in the fiercest dispute in years at Europe's biggest automaker, which - like other German industrial giants - is reeling from high costs and Chinese competition.
NCP MLA Tingre denies sending legal notice to Sharad Pawar as claimed by Supriya Sule
NCP MLA Sunil Tingre refuted claims made by Supriya Sule, stating he did not send a legal notice to her father, Sharad Pawar, regarding the Pune Porsche car crash case. Sule alleged Tingre threatened legal action if Pawar defamed him in connection to the case.
MLA Tingre sent notice to Sharad Pawar asking him not to defame him in Porsche case, says Supriya Sule
Supriya Sule, working president of NCP (SP), revealed that MLA Sunil Tingre has sent a legal notice to her father and NCP (SP) chief Sharad Pawar. Tingre, facing allegations of shielding the accused in the Pune Porsche car hit-and-run case, threatened legal action if Pawar defamed him.
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Global CEOs confront new era with Trump win, risk of tariffs
Global business leaders were concerned about rising protectionism and tariffs. Some praised Trump's pro-business stance and tax cuts. Others expressed concerns about the impact on electric vehicle tax credits and the Inflation Reduction Act.
Police arrest Businessman and stand-up comedian Ustav Dixit for alleged reckless driving
Ustav Dixit, a businessman and stand-up comedian, was arrested for reckless driving. He crashed his Porsche into the KBR Park boundary wall, causing significant damage. The police found the car's number plate inside the vehicle. After a thorough investigation, Dixit's driver's license was confiscated, and he underwent tests for alcohol and drugs.
Porsche staff to join wave of strikes in key German industries
Porsche staff in Stuttgart will join strikes by workers in Germany's electrical engineering and metal industries on Tuesday to demand higher pay. The strikes follow the end of a truce period in collective bargaining talks, amid escalating conflicts within Volkswagen, which plans to shut factories and cut jobs.
Mercedes and Porsche¡¯s fight with China is coming close to home
Chinese companies BYD, Nio, and others are competing against European luxury car brands like Mercedes and BMW. They are leveraging advanced technology, competitive pricing, and expanding their presence in European markets, showcasing sophisticated features. This competition puts the global market for premium and luxury vehicles in a state of flux.
Mercedes to step up cost cuts after weak Q3 earnings, competition woes in China
The carmaker cut its full-year profit margin target twice during the third quarter, joining a growing number of European rivals blaming a weakening Chinese car market for falling profits and margins. Union Investment, which according to LSEG is among the 30 top investors in Mercedes, called on the management to amend its strategy as it sees no market for 2 million luxury cars any longer.
Why Porsche co-developed new tires for 20-year-old, million-dollar supercars
Porsche has announced the co-development of new Michelin Pilot Sport Cup 2 tires for the Carrera GT, originally produced from 2003 to 2006. It is rare for an automaker to be spending money and time to develop tires specifically for a product that¡¯s been long discontinued.
Pune: Audi crushes food delivery boy in another hit-and-run case in Koregaon Park
A 21-year-old food delivery person died after being hit by a speeding Audi in a hit-and-run accident in Pune. The driver, Ayush Pradeep Tayal, was detained by police. The incident involved another two-wheeler with minor injuries to three individuals. Charges of culpable homicide and rash driving have been filed against Tayal.
Pune Porsche crash case: Two Juvenile Justice Board members removed for granting bail to accused minor
The Maharashtra government terminated two Juvenile Justice Board members for procedural lapses and misconduct in granting bail to a juvenile accused in the Pune Porsche crash case. A probe by the state Women and Child Development Department found the members guilty of misusing their powers under the Juvenile Justice Act.
Mark Zuckerberg, world's second richest person, does another 'Shah Jahan' for wife Priscilla
Mark Zuckerberg, CEO of Meta, surprised his wife Priscilla Chan with a unique Porsche Cayenne Turbo GT minivan, created with Porsche and West Coast Customs. The minivan, featuring electric sliding doors and an extended frame, is the first of its kind. Zuckerberg displayed his love with this custom vehicle and previously by commissioning a statue of Chan.
Million-dollar restomod cars on the rise as new upscale breed
Restomods, restored and modified classic cars with modern enhancements, have become a prominent and upscale segment at events like Monterey Car Week. They attract car enthusiasts with their better craftsmanship, advanced technology, and bespoke detailing, commanding high prices and significant interest in the market.
Age of 'juvenile' under law should be lowered to 14, says Maharashtra deputy CM Ajit Pawar
Maharashtra deputy CM Ajit Pawar advocates lowering the juvenile age threshold in criminal cases to 14, citing increased awareness and involvement in crimes among younger teens. He plans to discuss this with Union home minister Amit Shah and the Centre, highlighting recent cases involving 17-year-olds.
If only Rivian¡¯s electric SUV drove as smooth as it looks
Rivian Automotive Inc. is emerging as a serious alternative to Tesla with the second generation of its R1T and R1S vehicles. Despite some operational challenges and high prices, improvements in hardware, software, and performance make these American-made electric vehicles appealing for buyers seeking sophistication without the Tesla brand baggage.
The $459,000 Ferrari 12Cilindri sports car will be a new classic
Ferrari's 12Cilindri, debuted outside Italy, features a naturally aspirated V-12 engine with 819 horsepower and a luxurious, stylish design. Priced at $459,000, it offers exceptional performance and delivers an engaging driving experience, catering to wealthy enthusiasts. Despite some ergonomic issues, it promises long-term appeal and unrestricted production availability.
Why do rich kids keep banging luxury cars?
The article discusses the recurring issue of luxury car accidents in India, often involving the offspring of wealthy and influential individuals. These incidents frequently result in the driver taking the blame while the actual culprits evade responsibility. The problem is exacerbated by a lack of driving skills among these young drivers.
Return of the gas-guzzling, huge-engine supercar as Aston Martin unveils flagship model Vanquish
Aston Martin has introduced its new flagship model, the Vanquish. Priced at $429,000, this luxurious coupe features a carbon-fiber body and a leather-and-cashmere interior. It is powered by a twin-turbocharged 5.2-litre V-12 engine producing 824 horsepower, reaching a top speed of 214 miles per hour.
Porsche car crash: 2 more held for alleged swapping of blood samples; total arrests reach 9
Pune police have apprehended two additional suspects, bringing the total arrests to nine in the Porsche crash case. The incident involved a minor allegedly driving under the influence of alcohol, resulting in the deaths of two motorbike riders. The suspects include family members and medical professionals accused of swapping blood samples to alter evidence.
Pune Porsche crash case: Minor has completed 15-day safe driving programme, says RTO official
A minor involved in a fatal car crash in Pune completed a court-mandated 15-day safe driving course. The incident, which claimed the lives of two IT professionals, caused widespread outrage. Released on bail, the minor also wrote an essay on road safety and received traffic rule education from the RTO.
Carmakers revving up style quotient: SUVs get a coup¨¦ makeover to woo a competitive market
Tata Motors is entering the mid-SUV segment, where it has not been present so far, with the coup¨¦ styled Curvv, offering buyers an option to choose from electric, petrol or diesel drivetrains. The mid-SUV segment is the fastest growing passenger vehicle segment and had a 16% share of total industry volumes last fiscal year. The introductory price of Rs 17.49 lakh for the electric variant.
Porsche India retail sales grow 40% in January-June period
Manolito Vujicic, Brand Director, Porsche India, said that the desire to own a Porsche in India continues to grow. He added that this reflects what has been a solid, continuous growth of sales right across each model line for Porsche in India over the past few years. Two new Porsche all-electric sportscars, the Taycan and Macan, are available to order now, with deliveries in India planned to commence from early 2025, the company stated.
Porsche hit harder by supply chain shortage due to low-volume, high-spec lineup, says CEO
Porsche's CEO revealed that the carmaker's vulnerability to the recent aluminum supply shortage stems from its high proportion of pre-ordered, highly specific vehicles and low production volumes. CFO Lutz Meschke noted that, despite efforts to restore output, the company cannot fully compensate for the production disruptions.
Porsche waters down EV ambitions, says transition will take 'years'
Porsche adjusts its electric vehicle sales target, now linking it to customer demand and industry developments. The carmaker acknowledges the slower-than-expected transition to electric cars, facing disparities in EV uptake across key markets. Porsche emphasizes the importance of a dual strategy for combustion engine and electrified cars.
Porsche replaces China boss amid sales slump
Porsche AG is replacing its China CEO, Michael Kirsch, with Alexander Pollich, effective September 1, 2024. Pollich, an experienced sales expert with over 23 years at Porsche, will lead the company¡¯s efforts to address a significant 33% drop in sales in China and enhance local dealer relations and internal processes.
Porsche car crash: Juvenile submits 300-word essay on road safety to comply with bail conditons
A 17-year-old minor involved in a Pune Porsche car crash has submitted a 300-word essay on road safety, complying with the bail conditions of the Juvenile Justice Board (JJB). The minor was released from an observation home last month after the Bombay High Court ruled that the orders remanding him to the facility were illegal.
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