Latest news with #Porsche911GT3RS
The Irish Sun
3 days ago
- Automotive
- The Irish Sun
Iconic supercar brand ‘bracing for more cost cutting' weeks after halting all sales of EVs in the UK
AN ICONIC supercar brand is reportedly bracing for more cost cutting after halting all sales of its electric motors in the UK. The luxury carmaker is seeking ways to offset declining sales in China and the escalating cost of US tariffs. Advertisement 2 Porsche is bracing for more cost cutting measures Credit: Getty 2 The luxury carmaker seeks ways to offset declining sales in China and the escalating cost of US tariffs Credit: Getty Porsche CEO, Oliver Blume, has initiated negotiations on another round of cost-cutting measures. Blume had already announced additional savings in March while presenting the firm's 2024 results. An excerpt of a letter sent to the company's leadership said: "In the second half of 2025, employer and employee representatives will negotiate a second structural package to secure the company's long-term performance." Blume wrote: "Our business model, which has served us well for many decades, no longer works in its current form." Advertisement Read more Motors news Details about what the possible savings measures might look like weren't included in the letter. Porsche has been particularly struggling with low sales in China. But the carmaker is also facing difficulties in the US where import duties of 27.5% on motors have been in place since April. The company doesn't have production facilities in the US, importing its cars exclusively from Europe instead. Advertisement Most read in Motors Breaking Exclusive At the beginning of the year, Porsche had announced that it would cut 1,900 of around 40,000 jobs by 2029. This came after 2,000 temporary employees did not have their contracts renewed. Inside Dua Lipa's one-off 184mph Porsche 911 GT3 RS set to raise £100,000s for charity It's a fall from grace from the motor company which, at its 2022 stock market debut, was valued higher than parent company Volkswagen AG. Experts have linked the company's struggles to its overly aggressive and inflexible electrification strategy. Advertisement Porsche has had a goal of being 80 per cent electric worldwide by 2030 But the brand dramatically halted all sales of one of its electric vehicles in the UK in May. The company mysteriously told its retailers to stop selling a specific batch of the electric sports car. Several main Porsche dealers were asked to remove a selection of electric Taycan models from sale. Advertisement It followed a request from the Driver and Vehicle Standards Agency (DVSA) which manages motor recalls in the UK. The problem related to a previous recall issued in November by the DVSA which said it could pose a fire risk. that month too over the risk of the wheels falling off while driving. It issued a notice on three of its most popular models including the iconic Advertisement Owners were urged to "stop driving immediately".
Scottish Sun
3 days ago
- Automotive
- Scottish Sun
Iconic supercar brand ‘bracing for more cost cutting' weeks after halting all sales of EVs in the UK
It comes amid the company's recent struggles NEW ROUTE Iconic supercar brand 'bracing for more cost cutting' weeks after halting all sales of EVs in the UK AN ICONIC supercar brand is reportedly bracing for more cost cutting after halting all sales of its electric motors in the UK. The luxury carmaker is seeking ways to offset declining sales in China and the escalating cost of US tariffs. 2 Porsche is bracing for more cost cutting measures Credit: Getty 2 The luxury carmaker seeks ways to offset declining sales in China and the escalating cost of US tariffs Credit: Getty Porsche CEO, Oliver Blume, has initiated negotiations on another round of cost-cutting measures. Blume had already announced additional savings in March while presenting the firm's 2024 results. An excerpt of a letter sent to the company's leadership said: "In the second half of 2025, employer and employee representatives will negotiate a second structural package to secure the company's long-term performance." Blume wrote: "Our business model, which has served us well for many decades, no longer works in its current form." Details about what the possible savings measures might look like weren't included in the letter. Porsche has been particularly struggling with low sales in China. But the carmaker is also facing difficulties in the US where import duties of 27.5% on motors have been in place since April. The company doesn't have production facilities in the US, importing its cars exclusively from Europe instead. At the beginning of the year, Porsche had announced that it would cut 1,900 of around 40,000 jobs by 2029. This came after 2,000 temporary employees did not have their contracts renewed. Inside Dua Lipa's one-off 184mph Porsche 911 GT3 RS set to raise £100,000s for charity It's a fall from grace from the motor company which, at its 2022 stock market debut, was valued higher than parent company Volkswagen AG. Experts have linked the company's struggles to its overly aggressive and inflexible electrification strategy. Porsche has had a goal of being 80 per cent electric worldwide by 2030 But the brand dramatically halted all sales of one of its electric vehicles in the UK in May. The company mysteriously told its retailers to stop selling a specific batch of the electric sports car. Several main Porsche dealers were asked to remove a selection of electric Taycan models from sale. It followed a request from the Driver and Vehicle Standards Agency (DVSA) which manages motor recalls in the UK. The problem related to a previous recall issued in November by the DVSA which said it could pose a fire risk. Porsche recalled 1,000 high end luxury cars that month too over the risk of the wheels falling off while driving. It issued a notice on three of its most popular models including the iconic 911. Owners were urged to "stop driving immediately".
Top Gear
5 days ago
- Automotive
- Top Gear
Dua Lipa designed a Porsche 911 GT3 RS, and it's quite brilliant
Dua Lipa designed a Porsche 911 GT3 RS, and it's quite brilliant What do you make of the singer's 'Rennstall' GT3 RS? Skip 18 photos in the image carousel and continue reading Turn on Javascript to see all the available pictures. 1 / 18 Three-time Grammy Award winner Dua Lipa is currently in the midst of a monster year-long world tour to promote her third studio album Radical Optimism. And yet, the pop star somehow still found the time to spec a very special Porsche 911 GT3 RS. One of us! One of us! Yep, Lipa clearly also likes to procrastinate by spending inordinate amounts of time on supercar configurators. Two differences from our efforts though; it turns out she's actually quite good at speccing a sports car, and she also went and actually had the thing built. Advertisement - Page continues below This is the Dua Lipa Rennstall Porsche 911 GT3 RS. And yes, Rennstall translates to 'racing team', but this isn't Lipa announcing a Le Mans 24hrs entry for next year. That 1970s-esque turquoise, orange and red livery would look rather excellent at La Sarthe, though. In fact, this particular GT3 RS is now up for auction via RM Sotheby's, with all the proceeds from the sale set to be donated to Dua Lipa's own charity, the Sunny Hill Foundation, to support Kosovan communities while promoting the arts and culture. RM Sotheby's said the brilliantly retro livery is the 'perfect reflection of the vibrancy that typifies Dua Lipa's stage design and performances'. The car itself was unveiled back at the Monaco Grand Prix in May, but you may have spotted Lipa at the Goodwood Festival of Speed this weekend, as she jumped in the passenger seat alongside Iron Dames driver Karen Gaillard for a run up the famous hillclimb. Lipa – who has been a Porsche ambassador since 2023 – also ticked the boxes for the Weissach Pack, the lightweight magnesium wheels, carbon ceramic brakes and a Guards Red finish on the rev counter and stopwatch. Advertisement - Page continues below With just over 3,000 miles on the clock, how much do we reckon it'll sell for? Top Gear Newsletter Thank you for subscribing to our newsletter. Look out for your regular round-up of news, reviews and offers in your inbox. Get all the latest news, reviews and exclusives, direct to your inbox. Success Your Email*
The Irish Sun
6 days ago
- Automotive
- The Irish Sun
Inside Dua Lipa's one-off 184mph Porsche 911 GT3 RS with special paint job that's set to raise £100,000s for charity
YOU'D normally see Dua Lipa doing Dua Lipa things on the front page or Bizarre. Not here on Motors. 4 Dua Lipa with the personalised Rennstall Racing Porsche 911 GT3 RS at the Goodwood Festival of Speed Credit: Philipp Reinhard 4 Dua designed a special swirly paint job for the 184mph Porsche Credit: PA 4 The star was blasted up Goodwood's famous hillclimb in it, in front of 100,000 fans - and the GT3 RS is being auctioned in aid of her Sunny Hill Foundation Credit: Supplied But we bagsied these pictures because the singer has designed her own car. It's a 184mph Porsche Looks tidy. READ MORE MOTORS NEWS Now she's been blasted up Goodwood's famous hillclimb in it, in front of 100,000 fans. How much was the insurance for that high-speed run, you reckon? More than a lot. Dua said: 'I love speed. Adrenalin all the way. I'm very, very lucky to have been driven in two very iconic places. I'm very, very lucky to have been driven in two very iconic places. Monaco F1. That was surreal. The whole experience was insane. Then the Goodwood hillclimb, which just blew me away. 'Monaco F1. That was surreal. The whole experience was insane. Most read in Motors "Then the Goodwood hillclimb, which just blew me away. Very, very exciting. 'I feel very lucky to get to work with the Porsche team and to create something that feels really unique and fun and to bring it down here to Goodwood.' Chinese car brand to rival Tesla with more affordable EV makes Goodwood debut The Training Season singer has previously written, directed and starred in adverts for She said: 'They have allowed me to express my creativity. 'Things that I guess I didn't really expect anyone to let me do. They were like 'Yeah, go for it, just have fun and enjoy'. Charity auction 'I think that's really the core values of the brand — being creative, living life on the edge a little bit, and just having fun. 'So that's what we are here to do — and we're having a good time doing it.' Dua's unique GT3 RS will be auctioned by Sotheby's in aid of her Sunny Hill Foundation, supporting Kosovan culture and arts. The regular car costs £193k. So double that. And double it again probably. Other familiar faces pitching up at the always-brilliant Festival of Speed included Olympic swim king He said: 'Fully got my guts inside out. So much respect for the drivers.' Colin McRae's daughter Hollie jumped in Nigel Mansell was one of NEXT year's Goodwood Festival of Speed runs from July 9-12. Book the time off work now. 4 The Training Season singer has previously written, directed and starred in adverts for Porsche's electric Macan Credit: PA
Scottish Sun
6 days ago
- Automotive
- Scottish Sun
Inside Dua Lipa's one-off 184mph Porsche 911 GT3 RS with special paint job that's set to raise £100,000s for charity
Read on to find out why Dua has swapped showbiz pages for The Sun's Motors section DUA BEEPA! Inside Dua Lipa's one-off 184mph Porsche 911 GT3 RS with special paint job that's set to raise £100,000s for charity Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) YOU'D normally see Dua Lipa doing Dua Lipa things on the front page or Bizarre. Not here on Motors. Sign up for Scottish Sun newsletter Sign up 4 Dua Lipa with the personalised Rennstall Racing Porsche 911 GT3 RS at the Goodwood Festival of Speed Credit: Philipp Reinhard 4 Dua designed a special swirly paint job for the 184mph Porsche Credit: PA 4 The star was blasted up Goodwood's famous hillclimb in it, in front of 100,000 fans - and the GT3 RS is being auctioned in aid of her Sunny Hill Foundation Credit: Supplied But we bagsied these pictures because the singer has designed her own car. It's a 184mph Porsche 911 GT3 RS with a special swirly paint job and 'Dua Lipa RENNSTALL' (racing team) printed on the doors. Looks tidy. Dua unveiled the one-of-a-kind motor at May's Monaco F1 GP. Now she's been blasted up Goodwood's famous hillclimb in it, in front of 100,000 fans. How much was the insurance for that high-speed run, you reckon? More than a lot. Dua said: 'I love speed. Adrenalin all the way. I'm very, very lucky to have been driven in two very iconic places. I'm very, very lucky to have been driven in two very iconic places. Monaco F1. That was surreal. The whole experience was insane. Then the Goodwood hillclimb, which just blew me away. 'Monaco F1. That was surreal. The whole experience was insane. "Then the Goodwood hillclimb, which just blew me away. Very, very exciting. 'I feel very lucky to get to work with the Porsche team and to create something that feels really unique and fun and to bring it down here to Goodwood.' Chinese car brand to rival Tesla with more affordable EV makes Goodwood debut The Training Season singer has previously written, directed and starred in adverts for Porsche's electric Macan. She said: 'They have allowed me to express my creativity. 'Things that I guess I didn't really expect anyone to let me do. They were like 'Yeah, go for it, just have fun and enjoy'. Charity auction 'I think that's really the core values of the brand — being creative, living life on the edge a little bit, and just having fun. 'So that's what we are here to do — and we're having a good time doing it.' Dua's unique GT3 RS will be auctioned by Sotheby's in aid of her Sunny Hill Foundation, supporting Kosovan culture and arts. The regular car costs £193k. So double that. And double it again probably. Other familiar faces pitching up at the always-brilliant Festival of Speed included Olympic swim king Adam Peaty, who went up the hill in a Ferrari 12Cilindri. He said: 'Fully got my guts inside out. So much respect for the drivers.' Colin McRae's daughter Hollie jumped in her dad's Subaru Impreza 555, the car he steered to world rally championship glory 30 years ago in 1995. Nigel Mansell was one of seven F1 world champions in the house. NEXT year's Goodwood Festival of Speed runs from July 9-12. Book the time off work now.
