1997 Porsche 911 Carrera Cabriolet Red, Tan Leather And Black Top. 30,067 Miles, on 2040-cars

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Porsche will sacrifice profit growth to fund EV development

Porsche is so serious about developing electrified vehicles that it's willing to sacrifice big jumps in profits to fund the investment. After a massive upgrade to the Zuffenhausen plant, the company will build the Mission E EV (above) there in 2020. "Therefore it's clear that we can no longer carry out major leaps on results," the CEO Oliver Blume said about the automaker's financial growth, according to Reuters. Porsche will invest 1.1 billion euros ($1.2 billion) through 2020 to make additional electrified vehicles possible. Around 700 million euros ($765 million) will go into the Zuffenhausen factory to build a new paint shop, assembly plant, and upgrade the engine factory to produce electric motors for hybrids and EVs. The expansion will also bring all Cayman and Boxster assembly under one roof. Outside of Zuffenhausen, the money will improve the research and development center in Weissach and update the sales and marketing department in Ludwigsburg. Blume said Porsche has "many new products in the pipeline," according to Reuters, and he wants as many of those as possible available with some level of electrification. In addition to the Mission E, there are rumors the company might build a 911 plug-in hybrid as soon as 2018. While Blume doesn't forecast big jumps in profits, Porsche should still remain financially successful in the coming years. The automaker doesn't report its 2015 earnings until March 11, but Reuters reports the company's global deliveries topped 200,000 vehicles for the first time ever last year, which could push its operating profit well above 2014's 2.72 billion euros ($3 billion at current rates). Related Video:

Porsche 911 R might be manual-only with a GT3 engine

Two of Porsche's best cars only come with two pedals and a PDK transmission. That automatic is inarguably one of the very best on the planet, but it's still not the same. The debut of the latest Porsche 911 GT3 was met with much moaning and groaning when it was revealed it would be PDK-only. A rumor from our friends at Car and Driver could signal that three-pedal fans may finally get the Porsche they really want. C/D is claiming that Porsche might resurrect the 911 R badge for a limited-edition Carrera. Such a vehicle would feature not only a nearly 500-horsepower, naturally aspirated flat-six derived from the GT3's engine, but also a do-it-yourself manual transmission. We're betting it'd be the Carrera's well-regarded seven-speed manual, provided it could handle the output. As for how this car will look, that is perhaps the most exciting angle. According to C/D, Porsche insiders called the 911 R "a wolf in sheep's clothing," describing subdued sheetmetal that won't trumpet this car's high-performance nature. Yes, there's could be a sleeper 911. We'll keep our eyes open for anything that corroborates Car and Driver's rumor, but until then, take this news with a grain of salt. If the 911 R does see the light of day, it will likely be in March at the 2015 Geneva Motor Show. News Source: Car and Driver Rumormill Geneva Motor Show Porsche Coupe Racing Vehicles Performance rumor porsche 911 r

Singer 911 gorgeousness explored and experienced by Chris Harris

Few things get us as cranked up as a Porsche 911. Generation after generation, this rear-engined oddity has exhilarated our senses, and the new 991 is the most capable iteration yet. Even so, there's a lot to be said for the older models, from their lighter weights and more modest dimensions to their air-cooled thrums.
That elemental vintage Porsche appeal hasn't been lost on Los Angeles-based Singer Vehicle Design, which has endeavored to take the best bits from every generation of 911 and combine them into one impossibly sexy rear-engined machine. Based on a 964 donor car, we knew that a lot of work would need to go into everything from the structure to the bodywork to realize the Singer's cohesive aesthetic and dynamic vision, but we didn't know just how much until we watched this Drive video featuring Chris Harris. The auto journo gets time with the 350-horsepower, Cosworth-motivated coupe on both mountain passes and at the track, but what could be the most interesting thing about the 27-minute-long video is his in-depth plant tour.
Check it out by scrolling below, but not before paging through our new Singer 911 gallery.