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    China To Get 250 Horsepower Version Of 718 Boxster/Cayman


    • Porsche decides to offer a lower-powered version of the 718 Boxster and Cayman in China, and there is some method to this madness.

    China is an expensive place to buy a foreign car thanks to tariffs on imports. This is why many automakers outside of China set up joint-ventures with Chinese ones to avoid them. Porsche is trying another way to make their vehicles less expensive by offering less power.

     

    Automotive News Europe reports that the German sports car builder will be offering a 250 horsepower version of the 718 Boxster and Cayman for 600,000 Yuan (about $90,000 at the time of this writing). The 600,000 price tag is "a magical threshold for customers in China," according to Jan Roth, head of the Porsche 718 line.

     

    "A lot of the TTs that Audi sells in China, the smaller displacement 1.8-liter versions with rear wheel instead of all-wheel-drive, are priced below that, Mercedes too," (Author's note: The base Audi TT is front-wheel drive and not rear-wheel drive. We're guessing this was missed in editing or lost in translation. -WM)

     

    Roth says this new variant could nearly double sales of the 718 Boxster and Cayman in China - 2,500 in 2015 to 4,500 in 2017.

     

    Source: Automotive News Europe (Subscription Required)

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    • By William Maley
      Volkswagen is making progress with moving on from the diesel emission scandal as they have announced a proposed agreement for the 3.0L TDI V6. Filed in federal court last night, the agreement totals $1.2 billion and hopes to resolve civil claims for 78,000 vehicles. The settlement includes,
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      “With the Court-approved 2.0L TDI program well under way and now this proposed 3.0L TDI program, all of our customers with affected vehicles in the United States will have a resolution available to them. We will continue to work to earn back the trust of all our stakeholders and thank our customers and dealers for their continued patience as this process moves forward,” said Hinrich J. Woebcken, President and CEO of Volkswagen Group of America, Inc in a statement.
      Source: Bloomberg, Volkswagen
      Press Release is on Page 2


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