This Week:

• Porsche Executive Board reaches decision to build the Carrera GT
  .

• 2003 Mercedes-Benz E-Class Makes Global Debut on the Brussels Motor Show 2002
  .

• Cadillac SRX - All New Luxury Crossover Vehicle
  .
• Ford Motor Company Announces Revitalization Plan
  .
• MINI USA Relaunches WWW.MINIUSA.COM 
  .
• All-New 2003 Corolla Provides More For The Money
  .
• Nissan's Mexican plant produces Clio
  .
• Production Starts Up At New Opel Facility In Rüsselsheim
  .
• DaimlerChrysler and Deutsche Telekom close debis Systemhaus transaction
  .
• Benteler Automotive Announces Joint Venture in China
  .

.

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News of  January 16, 2002

Porsche Executive Board reaches decision to build the Carrera GT

Market launch planned for the year 2003

Porsche Carrera GT

Photo: Automotive Intelligence

Stuttgart/Detroit - Following detailed studies the executive board of Dr. Ing. h.c. F. Porsche AG. has now given the "green light": The Carrera GT will be built. The Stuttgart sports car manufacturer wants to produce 1,000 units of this high performance sports car, the market launch of which is currently planned for the second half of the year 2003. This announcement was made today by the Chairman of the Board, Dr. Wendelin Wiedeking, in a press conference held at the Detroit Motor Show.

Porsche first presented a study based on this high performance sports car series at the Paris Automobile Salon on 28 September 2000. Public reaction to this completely new Porsche was positive throughout the world. Wiedeking: "With the Carrera GT we want to do more than just demonstrate our technical competence in the sports car segment. This vehicle also mirrors the strength, the dynamic and the self-confidence of the company and the Porsche brand".

The construction of the Carrera GT is based on pure racing car engineering. This applies to the chassis and the understructure as well to the new V10 engine and the six gear gearbox. With 5.5 litres cubic capacity, a torque of 600 Newton meters and 558 H.P. the Carrera GT guarantees top speeds of over 330 kilometres per hour.

(January 08, 2002)

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