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March 19, 2014
06:50 EDTPOAHYPorsche replaces engines in all 2014 911 GT3 vehicles, Reuters says
Porsche (POAHY) is replacing the engines in all of its current model year 911 GT3 sports cars and has told owners to stop driving the vehicles due to the risk of them catching fire, according to Reuters, citing a company official. Reference Link
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November 25, 2015
17:35 EDTPOAHYCalifornia regulator orders Volkswagen to draft recall plan for 3-liter vehicles
California's Air Resources Board has sent an "In Use Compliance" letter notifying Volkswagen (VLKAY), Audi (AUDVF), and Porsche (POAHY) to start the process to recall and repair illegal emissions software in all 3-liter diesel vehicles, model years 2009-2015, sold in California. "The companies will now have 45 business days to assemble their plan and deliver it to the Air Resources Board. This action is the result of an admission by officials at Audi, manufacturer of all the engines involved, that the vehicles contain three undisclosed auxiliary emissions control devices," said the agency. Reference Link
November 18, 2015
20:04 EDTPOAHYVolkswagen appoints Porsche's Steiner as compliance commissioner
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