Woman posing as interested buyer swipes Porsche, runs over owner

A Canadian woman has been arrested after she was caught on doorbell video pretending to be interested in a Porsche, stealing the car, then running over the owner's driveway while making her getaway, police said. According to Peel Regional Police, Sarah Badshaw, 18, was arrested on multiple charges including dangerous driving resulting in injury to […]
Porsche Eases Off Transition to Electric Vehicles amid Low Sales

German luxury car maker Porsche is slowing down its transition to electric vehicles as it takes longer than planned. The company announcement The automaker set a goal on Monday of making 80% of its sales electric vehicles by 2030, according to Reuters. It is worth noting that the Porsche Taycan has been described as a […]
Porsche slips 5% after lowering profit outlook over alloy shortage

Luxury car maker Porsche fell more than 5 percent on Tuesday after it sharply cut its outlook for future sales and profits. Quote Unexpected aluminum alloy supply shortage. The German carmaker said floods at an undisclosed European contractor have hit supplies of aluminum alloys, affecting production of all its models and potentially leading to the […]