GIMS2019:World premiers for luxury cars

The International Geneva Motor Show had plenty of world premier luxury cars in this years event. According to the press information, the event had over 150 world premiers and about 660.000 visitors. This year was also the year with more hybrid and electric cars in the show.

New premier models were for example from Alfa Romeo, Audi, Bentley Motors, Automobil Pininfarina, BMW and Bugatti.

Lifestyle Travel

Stocks ended up – positive trade talks

Financial markets ended up for the week in Wall Street. Dow Jones index was up 1,74 % to 25883 points, S&P 500 -index 1,09 % to 2775 points and Nasdaq-index 0,61 % to 7472 points.

For the Friday trading, the positive outlook for the US-China trade talks help lifted the markets as well as the good US consumer outlook. On the other hand, the national emergency regarding the financing of the border wall between US-Mexico did not have any bigger impact.

In Europe the Brexit-discussion continued and according to Bloomberg News, the Irish Foreign Minister Simon Coveney had said that the EU will offer a package to help the UK PM Theresa May to get the deal but would not accept “unreasonable British demands”. In the industry, the car manufacturer Porsche (PAH3) said that it is possible that a hard Brexit might lift the UK car prices by 10 %. The Brexit talks will continue next week.

In London, the FTSE index was up 0,55 % to 7236 points and in Germany the DAX-index was up 1,99% to 11299 points and in France ended up 1,79 % to 5153 points. During one month, the Dax has gained 3,75 % , CAC 5,69 % and FTSE 3,85%.

In Asia, the Nikkei-index was down 1,13 % to 20900 points and in HongKong the HangSeng index was also down 1,87% to 27900 points.

In the forex markets, the euro was trading quite flat at 1,129 dollars, but the UK sterling was up 0,67% to 1,288 dollars.

The Stock Exchanges will be closed on Monday in the US due to the President´s Day.

Business Finance

Porsche Cayenne hybrid – the future is here

porsche-zoom2 (1)Porsche Cayenne hybrid is designed to meet the expectations of the high quality sport car. It is not only the energy efficiency of the car, but also the connections & functions of the car.

According to the company info, the Porsche Cayenne hybrid combined consumption is 3,4 litres per 100 km and the combined CO2 is about 78 g per kilometer. The electric driving range is 23-44 kilometers.

But for business travellers, the Porsche Connect service with calendar meetings and real-time travel information & travelling time, is a new service which helps the driver to achieve the destinations and meetings in time. One can call this Auto-Assistant while it can inform about possible delays during the journey.

The other thing is the charging. Porshce is also one of the companies with the Ionity, a high-power charging stations, service. This makes charging even faster all around Europe.

But also the wireless charging, that is charging without cabels, is a new possibility for Porsche hybrid. This wireless charging,  for example in the drivers carage, makes the charging even more easier and it is based on inductive technology.Also other sportcars manufacturers like BMW and Audi are also using this new charging technology.

Driving the Porsche Cayenne hybrid is made easy: all functions are reachable and clear. The Touchdisplay with navigation is working orderly. On the other hand, the energy information display could be more informative. The gasoline tank is 75 litres.

The car is big enough for luggages, sport equipments and it is designed for 5 persons. The interior design is sportive with leather and aluminium.

 

Business Travel

Porsche Design: Developing a car-integrated luxury watch for 2020?

 

The German Porsche Design, a company in the Volkswagen Group ((VOW:GR) is on the road to develop something new,  a car-integrated luxury watch? According to people familiar with the matter, this integrated watch would be part of the company´s innovative thinking and design.

The technology transfer will take its time and this would mean that the company might be launching this connected watch at the same time as the parent company Porsche, is starting the deliveries of its first electric cars, Mission Es. This car would be totally electric and new innovation from Porsche.

According to sources, Porsche Design is  not developing a smartwatch, but they are developing a watch that can be integrated to cars., “Porsche Design is transferring car´s technology into watches and that is why they do not speak about smartwatches”, the sources said to pubplus.club.

Porsche company has been developing its Digital Lab with thousands new employees during the last years and the company says that they will invest in the digital transformation with double-digit sums of their annual revenues. Last year Porsche´s turnover was 22,3 billion euros and the result before taxes 3,7 billion euros.

For example Apple (AAPL:US) is developing its own electric car with different functions that can be integrated. The main idea with Apple is that they would like to have a car, which could be operated with Apple phone. The functionality and usability of the iPhone for driving would be integration of future-looking car technology and autonomous cars.

Porsche Design is not doing the same, but vice versa while they want a smartwatch or connected watch with a car integration.  They know that Porsche drivers like to drive the car and feel the movement but on the other hand in long distance driving some autonomous functions might be good.

The parent company, Porsche, based in Germany, near Stuttgart, has over 8000 R&D employees. According to the company strategy “The sportscar of the future will blend the history and values of the Porsche brand with innovative technologies, while at the same time ensuring sustainability. In achieving this, topics such as electromobility, digitalisation and connectivity will play an important role.”

Porsche Design launched its new Monobloc Actuator watch during the BaselWorld. In this model, titanium, which has been used in engine construction for over 50 years, is given an entirely new form. This chronograph has a single rocker switch enabling longer durability and lifetime. They are in shops from May 2017 and prices start at 6000 euros.

Porsche Design was founded in 1972 with the design innovations and inspirations from motorsports. The brand philosophy is characterised by combining design expertise and engineering excellence.

 

Päivi Härkönen

 

Porsche Design MONOBLOC ACTUATOR TitaniumBlue_3DSoldatPorsche Design Timepieces:

1972 – the first entirely matte black wristwatch

1978 – the first watch with an integrated compass

1980 – the first chronograph made entirely from titanium  

2004 – the first watch with mechanical-digital display

2017 – the next innovative watch concept

Business Tech