Blog 3/20/2023
Membership
Welcome to John Davidson of Tazewell, Virginia. John has an awesome 2021 718 Cayman GT4!
Trading Post
No activity this week.
Activities
Blue Ridge Region PCA Events
| Date | Name | Venue | |
|---|---|---|---|
| Mar 29 | BRR-PCA Cars N Coffee - Salem | Parkway Brewing Company | Register |
| Apr 9 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Register |
| May 14 | BRR-PCA Full Board Meeting | BRR-PCA Location TBD | Details |
| Jun 1 | BRR-PCA TRSS Volunteer Registration June 1st | Salem Civic Center | Register |
| Jun 11 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Details |
| Jul 9 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Details |
| Aug 13 | BRR-PCA Full Board Meeting | BRR-PCA Location TBD | Details |
| Sep 10 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Details |
| Sep 14 | BRR-PCA TRSS Volunteer Registration Sept 14th | Salem Civic Center | Details |
| Oct 8 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Details |
| Nov 12 | BRR-PCA Full Board Meeting | BRR-PCA Location TBD | Details |
| Dec 10 | BRR-PCA Executive Board Meeting | Shakers Restaurant - Roanoke | Details |
Cars and Coffee
Cars and Coffee – March 22 ALERT LUNCH NEW NEW NEW
All Blue Ridge Region PCA members are invited and encouraged to attend Cars N Coffee on Wednesday March 22, 2023 starting at 11:30am. Come for great cars and food, but most importantly to socialize with other club members! What an awesome way to connect with club members at this week day special event.
This is a limited capacity event so register early. A waitlist will be maintained once the event fills to accommodate additional attendees as cancelations occur.
The Neighbors Place
104 Paulette Circle
Lynchburg, VA 24502
(434) 455-4300
ALERT LUNCH NEW NEW NEW
Motorsports
Well, Sebring ended with a BANG! With just minutes remaining, there was a huge incident taking out the leaders. Absolute chaos as the 3 leading GTP cars of Mathieu Jaminet in the #6 Porsche, Filipe Albuquerque in the #10 Acusa and Felipe Nasr in the #7 Porsche all come together while battling for the win during the final states of the race. The #7 and #6 Porsche’s were destroyed as well as a Ferrari. The carnage cost $millions. Click here for more.
Porsche CEO Report
Porsche (P911.DE) on Monday issued its global 2022 results, with record revenues driving growth, especially in territories like the U.S. and China.
Porsche’s global revenue for 2022 hit a record $40.22 billion (37.6 billion euros), up 13.6% from a year ago, with operating profit jumping over 27% to $7.27 billion (6.8 billion euros). Overall deliveries of just under 310,000 vehicles and automotive net cash flow also set new records.
Results were driven by strong growth in the U.S, the U.K., and China despite sales dipping slightly there due to COVID-related lockdowns. But the focus for Porsche is still America.
“2022 was a milestone year for Porsche,” Porsche global CEO Oliver Blume said in a roundtable session with North America-based journalists. “In America the Porsche brand is stronger than ever.”
With its focus on crucial regions like the U.S., Porsche is leaning in hard on the luxury side of things for growth, noting that it was just named “the most valuable luxury brand in the world” by consulting firm Brand Finance. This thesis has lead investors to bid up Porsche shares, making it the most valuable European automaker.
This means Porsche will keep producing and evolving its high-end luxury/sports oriented SUVs like the Cayenne and Macan, which are popular in the U.S. and China. So while the Macan EV version is on the way for a 2024 release, so is a Cayenne EV too, coming in the back half of the decade.
Hogan’s Corner
On the way to Devil’s Backbone in 2016.
Porsche Gone Bad
First
Second
A few modifications!
Finally
