Category Archives: Porsche

Linz to rename Porsche Street after investigating Nazi past of car creator

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Austrian city also intends to rename three other thoroughfares bearing ‘tainted’ names after commission’s report

The Austrian city of Linz has announced plans to rename a street honouring the founder of the luxury carmaker Porsche after a commission investigating controversial names found his Nazi past “problematic”.

The renaming of streets and other public places is still a hotly debated issue in Austria – Adolf Hitler’s birthplace – which Nazi Germany annexed in 1938 and which long cast itself as a victim.

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Abandoned burning ship ‘had $400m cargo of luxury cars’

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Estimate by insurers comes as Felicity Ace is ‘still assumed to remain on fire south of the Azores’

An abandoned ship that caught fire in the mid-Atlantic last week was carrying $401m (£295m) worth of cars, including Porsche, Audi, Bentley and Lamborghini models, an insurance estimate has revealed.

Felicity Ace, a specialist cargo ship carrying more than 4,000 cars, caught alight near the Azores on Wednesday evening. The vessel’s 22 crew members were evacuated but the fire continued to burn for several days, fuelled by lithium-ion batteries in electric vehicles on board.

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Porsche asks UK buyers to commit to 10% no-deal Brexit surcharge

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Company says move is a precaution in case WTO tariffs apply to EU-UK trade

Porsche is asking British customers to sign a contract committing them to pay a surcharge of up to 10% of their vehicles’ purchase price if there is a no-deal Brexit.

Cars made in Europe could attract tariffs of 10% if imported to the UK under the terms of the World Trade Organization, the default trading relationship if the UK and the EU are unable to agree a transition period before 29 March.

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