Porsche Certified Pre-owned Panamera S.. on 2040-cars

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Porsche announces plan to replace 911 GT3 engines

About a month back, we reported that Porsche was suspending delivery of its 911 GT3 due to reported incidents of the engine bursting into flames. A few days later, Porsche told owners of the new track-ready models not to drive their cars and had their local dealers pick up the cars in question. Just a couple of days ago, we reported that Porsche was working on a fix, and now we have the official details.
Following an internal investigation prompted by two such incidents, Porsche has confirmed that is has identified the problem as resulting "from a loosened screw joint on the connecting rod." The loose connecting rod, Porsche found, damaged the crankcase, which in turn resulted in oil leaking and then - in at least two cases - igniting.
Our source is unaware of Porsche being contacted by GT3 owners concerned about the impact of a replacement engine on their car's collectibility or resale value.

Porsche Australia price cuts in excess of $36,000 irks customers

Have you ever gone to the store, only to become irked after learning that the new [*insert widget here*] that you bought just last week has gone through a price drop? If you're particularly thrifty, even if it's only a couple of bucks, you probably brought in your receipt to see if the store would issue you a credit for the difference. Now, imagine that the widget in question isn't a minor purchase, it's a Porsche - and the price drop isn't just a few bucks - it's thousands.
That's the unhappy scenario that recently faced a number of Australian luxury car buyers and the uncomfortable conversation awaiting the German automaker. According to GoAuto, Porsche Australia recently whacked up to $36,000 off the price of its models in order to jumpstart sales Down Under - the Panamera range itself saw cuts between $5,500 and more than $36,000. The aggressive price cut was a strategy designed to drive sales of more than 3,000 cars locally, a yearly goal originally set for 2018, but now hoped for as early as 2016.
Australia is known for its comparatively high car prices, so the dramatic price cuts were undoubtedly welcome news to potential Porsche shoppers. However, around 50 existing customers were understandably agitated by the reductions because they purchased their cars just before the adjustments took effect. Not only did they stand to lose out on the deals, they also had good reason to fear that their new cars' residual values would take a beating.

Porsche Cayman GT4 looks sexy, rapid in the nude

Porsche doesn't officially have a name for its more hardcore version of the Cayman, yet. The speculation is that the coupe is called the GT4 as a little brother to the 911 GT3. However, the German sports car maker apparently is not interested in keeping the model's looks much of a secret because these latest shots show it without a hint of camouflage to speak of. The GT4 reportedly takes the GT3's ethos of more power, less weight and stickier-than-glue handling and brings it all to the Cayman. As these photos show, there's a much lower air dam up front with a cooling vent at the tip of the hood. Larger wheels are another obvious addition and are likely shod with some very sticky rubber. At the back, there's a double spoiler combining a wing and a ducktail. The power and gearbox for the GT4 remains a mystery, though. The rumor is that it uses a tuned version of the 3.4-liter flat-six in the Cayman S and GTS to make between 370 and 400 horsepower. A similar overhaul of the Boxster might be on the way, as well. A version of the convertible wearing some of the Cayman GT4's goodies was recently spotted testing. That one even had a manual transmission to make the prospects behind the wheel even more exciting.