Porsche will celebrate the 70th anniversary of its first sports car in June 8, 2018

Porsche is a nice and sporty car and the brand will celebrate the 70th anniversary of its first sports car in 2018. From June 8 – 10, 2018, it`s finally time; Porsche is celebrating its 70th birthday with its first international Sportscar Together Day.

The day will be celebrated with a number of Porsche events around the globe and with sports car drivers, enthusiasts and fans worldwide. Those who are interested can follow the shows and activities at first hand via live stream on Facebook.

Porsche AG is a German automobile manufacturer specializing in high-performance sports cars, SUV`s and sedans. Porsche AG is headquartered in Stuttgart and the brand is owned by Volkswagen AG, which is itself majority-owned by Porsche automobile Holding SE.

I really like Tesla because of its battery capacity and it seems like European automotive has been sleeping when it comes to electric vehicles. They cant fully compete with Teslas capasity right now, so in the meantime they are launching hybrids.

Just look at Teslas Model X and compare it with Porsches Cayenne. Teslas sales and production goes straight up while Cayennes production and sales is declining. Cayenne sales dropped sharply in 2014.

82,000 were produced in 2013 while the number last year dropped to 59,000.

Porsches Panamera sale was up 73% to over 19,000 vehicles. Since April last year, Porsches stock chart has gone straight up.

European automotive has no choice. They must come up with a better battery solution. Hybrid is not the solution in the long run and Tesla will still be a leader with its solution. Nor is a new emission-cheating scandal the future.

A senior executive at Porsche was taken into custody by German police in a raid related to Volkswagen`s emissions scandal, but Porsche denies any wrongdoing at the company in relation to the emissions cheating allegations.

If Porsche will challenge Tesla it must be with their new crossover concept variant called the Mission E Cross Turismo. A concept revealed at the Geneva Motor Show, but it is just a concept model while Tesla`s Model X are already being made.

The Cross Turismo has a range in excess of 310 miles per charge and has been tested out at a 0-60 mph time of less than 3,5 seconds. Porsche said the new vehicle can be charged at a rate of 250 miles driving range per 15 minutes.

Porsches1Q Europe sales rose 8% to 20,601. Their Q1 China sales is up 3% to 18,672. Q1 sales in the U.S rose 10% to 16,698. All in all, the sale is up 6%. Porsches growth is driven by German, U.S and the European market.

Porsche`s Panamera and 911 saw most successful Q1 in company history.

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