Dr. Wolfgang Heinz Porsche turns 75 on 10 May 2018, having spent a monumental 40 years on the Supervisory Board of the sports car manufacturer, starting in 1978. Since 2007, he has been the Chairman of the Supervisory Board of Porsche Automobil Holding SE and Dr. Ing. h.c. F. Porsche AG, having influenced all major business decisions.
Automology’s Philippine correspondent, Harold, believes that the Philippine-China dispute over parts of South China Sea, if resolved amicably, will positively impact the future of the Philippine automotive, transport and power industries.
Recently, the brand new Porsche 911 GT3 RS set another benchmark for road-approved sports cars at the Nürburgring-Nordschleife circuit in Germany. Dubbed the ‘Green Hell’, this circuit is the world’s most demanding race track.
In recent years, investment portfolios have branched out to alternative assets—art, wine, antiques, and yes, even cars. But cars of value that could potentially skyrocket with time are usually of the classic and luxury genres, the likes of which most of use cannot afford. For 99.9% of us, we would never get to sit in a supercar much less own one.
Forget all the rumours and bad April Fools jokes about Tesla Motors’ impending bankruptcy; this time, it is real as the fledgling tech/auto company is burning through its cash reserve so fast it may not have enough to last it until the end of the year. Well, at least according to reports from Bloomberg and the venerable Beeb.
Ever been frustrated when looking for parking during peak hours? It’s like a game of Snake, except there are many other snakes playing too and too few (parking) spots. Everyone has their own preferred strategy when it comes to looking for a parking space. Which one’s yours?