New “Hydrogen Council” launches in Davos. 13 global industry leaders join together in promoting hydrogen to help meet climate goals

Davos, Switzerland – 17th January 2017: Thirteen leading energy, transport and industry companies have today launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition.

In the first global initiative of its kind, the ‘Hydrogen Council’ is determined to position hydrogen among the key solutions of the energy transition. Hydrogen is a versatile energy carrier with favourable characteristics since it does not release any CO2 at the point of use as a clean fuel or energy source, and can play an important role in the transition to a clean, low-carbon, energy system. Hydrogen technologies and products have significantly progressed over past years and are now being introduced to the market. The Council will work with, and provide recommendations to, a number of key stakeholders such as policy makers, business and hydrogen players, international agencies and civil society to achieve these goals.

During the launch, members of the ‘Hydrogen Council’ confirmed their ambition to accelerate their significant investment in the development and commercialization of the hydrogen and fuel cell sectors. These investments currently amount to an estimated total value of €1.4 Bn/year. This acceleration will be possible if the key stakeholders increase their backing of hydrogen as part of the future energy mix with appropriate policies and supporting schemes.

Meeting in Davos for the first time on Tuesday, the ‘Hydrogen Council’ is currently made up of 13 CEOs and Chairpersons from various industries and energy companies committed to help achieve the ambitious goal of reaching the 2 degrees Celsius target as agreed in the 2015 Paris Agreement. The international companies currently involved are: Air Liquide, Alstom, Anglo American, BMW GROUP, Daimler, ENGIE, Honda, Hyundai Motor, Kawasaki, Royal Dutch Shell, The Linde Group, Total and Toyota. The Council is led by two Co-Chairs from different geographies and sectors, currently represented by Air Liquide and Toyota.

“The 2015 Paris Agreement to combat climate change is a significant step in the right direction but requires business action to be taken to make such a pledge a reality. The Hydrogen Council brings together some of the world’s leading industrial, automotive and energy companies with a clear ambition to explain why hydrogen emerges among the key solutions for the energy transition, in the mobility as well as in the power, industrial and residential sectors, and therefore requires the development of new strategies at a scale to support this. But we cannot do it alone. We need governments to back hydrogen with actions of their own – for example through large-scale infrastructure investment schemes. Our call today to world leaders is to commit to hydrogen so that together we can meet our shared climate ambitions and give further traction to the emerging Hydrogen ecosystem.” Benoît Potier, CEO, Air Liquide.

The Hydrogen Council will exhibit responsible leadership in showcasing hydrogen technology and its benefits to the world. It will seek collaboration, cooperation and understanding from governments, industry and most importantly, the public. At Toyota, we have always tried to play a leading role in environmental and technological advances in the automotive industry, including through the introduction of fuel cell vehicles. Moreover, we know that in addition to transportation, hydrogen has the potential to support our transition to a low carbon society across multiple industries and the entire value chain. The Hydrogen Council aims to actively encourage this transition.” Takeshi Uchiyamada, Chairman, Toyota.

“Since early 1990s, major Automotive OEMs considered fuel cell as an ultimate future powertrain. After two decades, the major technical barriers of fuel cell are solved and it is now ready for commercialization. But there were limitations before in popularization of the fuel cell vehicles by the automotive industry alone. Hydrogen Council will provide a platform where global business leaders in different sectors can cooperate together and accelerate the common goal of realizing the hydrogen economy.” Woong-Chul Yang, Vice Chairman of Hyundai Motor Company and Head of R&D Center.

A report entitled ‘How Hydrogen empowers the energy transition’ – commissioned by the Hydrogen Council – further details this future potential that hydrogen is ready to provide, and sets out the vision of the Council and the key actions it considers fundamental for policy makers to implement, to fully unlock and empower the contribution of hydrogen to the energy transition.

As global companies from major energy and industrial sectors, it is part of the corporate responsibility to provide solutions to manage the energy transition and move forward to a low-carbon, sustainable economy: joint action is required to tackle this formidable challenge. This is why we invite governments and key society stakeholders to also acknowledge the contribution of hydrogen to the energy transition and to work with us to create an effective implementation plan.

The members of the Hydrogen Council collectively represent total revenues of € 1.07 trillion and 1.72 million employees around the world(*Company figures from financial years 2015 and 2016)

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Hydrogen Council Members

ABOUT HYDROGEN

Hydrogen is a versatile, clean, and safe energy carrier that can be used as fuel for power or in industry as feedstock, as well as it can be easily stored on large scale. Hydrogen Council members are committed to promoting its deployment. Hydrogen can be produced from (renewable) electricity and from carbon-abated fossil fuels and produces zero emissions at point of use. The uses for hydrogen continue to grow as it can be stored and transported at high energy density in liquid or gaseous form and can be combusted or used in fuel cells to generate heat and electricity. This versatility confers to hydrogen a key enabling role in the transport, industry and residential sectors, as well as for the large-scale storage of renewable intermittent energies, making it a promising solution to overcome the challenges of the energy transition.

Via Hyundai Motor News Press Release

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Harley-Davidson Factory Team Primed For Flat-Track Battle

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MILWAUKEE (January 28, 2017) – It’s a flat-track triple threat. The Harley-Davidson®Factory Flat Track Racing Team will unleash a three-rider squad in 2017. Former AMA Grand National champions Kenny Coolbeth Jr. and Jake Johnson and young flat-track star Brandon Robinson will race in the legendary Factory Team leathers.
The team was announced today during a live interview with Coolbeth, Johnson and Robinson during ABC network coverage of ESPN’s X Games Aspen.

Gunning for the checkered flag aboard the fierce Harley-Davidson XG750R competition motorcycle, the formidable trio of ace racers will chase a championship on the American Flat Track (AFT) series and fight to medal in the Harley-Davidson Flat Track Racing event at ESPN’s X Games Minneapolis. The racing season opens during Daytona Bike Week at the March 16 AFT Daytona TT on a new circuit featuring a jump to be constructed inside Daytona International Speedway in Daytona Beach, Florida.

“This edition of the Harley Factory Team will bring unmatched savvy and experience to the track,” said Harley-Davidson Vice President and Managing Director U.S. Mike Kennedy. “With a combined 59 Grand National wins and five AMA Pro Grand National championships, this line-up of riders knows what it takes to do battle with the lead pack and will be a force aboard our new Harley-Davidson XG750R Factory Racing bikes. If you are in Daytona for Bike Week, ride to the race and see the Factory Team in action on this exciting new TT track.”

The Harley Factory Team will field a fleet of Harley XG750R bikes for Coolbeth, Johnson and Robinson. With a custom chassis purpose-built for flat track racing, the

XG750R flat tracker is powered by a race-modified, liquid-cooled, fuel-injected 750cc Revolution X V-Twin engine originally engineered for the Harley-Davidson Street®750, a motorcycle designed for maximum urban maneuverability with rebellious Dark Custom attitude. The Revolution X engine is assembled at Harley-Davidson Vehicle and Powertrain Operations in Kansas City, Missouri.

“I’m excited to be one of the riders helping to push the XG750R to the front of the field,” said Robinson. “I’m sure I’ll be battling with Kenny and Jake to see who can make history and score the first win aboard the new bike. I’ve learned a lot racing against them. Now we’re working together to bring home a championship for Harley-Davidson.”

The race-modified Revolution X engine and a racing frame for the XG750R were developed in collaboration with Vance & Hines Motorsports. The XG750R flat tracker motorcycle is not a production model. The 750cc XG Revolution X V-Twin engine is for sale through Harley-Davidson dealers today and can be modified for racing use by aspiring dealers and privateers.

Kenny Coolbeth Jr.

A three-time AMA Pro Grand National champion (2006-2008), the veteran Coolbeth has won 36 times in AMA Grand National competition, more than any active racer in the series. Coolbeth claimed three consecutive titles while racing for the Harley-Davidson Factory Team from 2006 to 2013. Aboard the Zanotti Racing Harley-Davidson XR750 in 2016, Coolbeth won at the Springfield Mile and finished seventh in points. He was named the AMA Flat Track Rookie of the Year in 1994 and won his first Grand National race in 2002. Coolbeth is 39 years old and lives in Center Hill, Florida.

Jake Johnson

Jake Johnson won consecutive AMA Pro Grand National championships (2010-2011) on Zanotti Racing Harley-Davidson XR750 motorcycles and has won 20 times in AMA Grand National competition since moving up to the top pro class in 2002. In 2016 Johnson won on the Daytona short track and was fourth in the GNC1 season standings. Johnson won the AMA Pro Singles championship in 2006 and 2008 and was AMA Flat Track Rookie of the Year in 2002. Johnson is 32 years old and lives on Coatesville, Pa.

Brandon Robinson

Brandon Robinson enjoyed a break-out season in 2013 with seven top-five finishes and three victories, including a sweep of both races on the Springfield Mile. In 2016 Robinson piloted the Kennedy Racing Harley-Davidson XR750 to his fourth career victory with a win on the Lima half-mile, notched two additional podium results and finished third in GNC1 points. In 2008 Robinson was the AMA Basic Twins class champion. Robinson is 26 years old and lives in Oxford, Pa.

Entering its 64th consecutive season, American Flat Track is the most historic form of American motorcycle racing. The re-vamped 2017 American Flat Track series features 18 rounds of racing headlined by powerful, twin-cylinder motorcycles in the AFT Twins class.

Via harley-davidson.com

 

GROUPE RENAULT: 2016 WORLD SALES RESULTS

RECORD SALES FOR GROUPE RENAULT, UP 13.3% TO 3.18 MILLION VEHICLES IN 2016 FOR THE LAST YEAR OF THE RENAULT DRIVE THE CHANGE

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  • Record year-on-year increase of 374,000 units (13.3%), up to 3.18 million vehicles sold in 2016.
  • Record year for Renault, top French brand worldwide, and Dacia, and Renault Samsung Motors volumes up by 38.8%.
  • Market share up in all regions: Renault brand number-two in Europe, while the Alliance is the number-two automotive group.
  • Sustained growth ambitions for Renault in 2017, with young product range, new releases, and international development.

WORLD SALES RECORD

Under the impetus of the Renault – Drive the Change plan, sales are on the rise for the fourth year running, making Groupe Renault the number-one French automotive group worldwide, with 3,182,625 vehicles registered in 2016.

Groupe Renault worldwide passenger car and light commercial vehicle sales rose by 13.3% in 2016, against 4.6% for the market as a whole. The group’s share of the world automotive market stands at 3.5% (up 0.3 points vs 2015). Both Renault and Dacia brands have registered record sales. Renault keeps its position as the world’s leading French brand. Renault Samsung Motors sales rose by 38.8%.

The group continued to benefit from buoyant conditions on the European automotive market (up 7% on 2015), with registrations up 11.8% to 1,805,290, for a market share of 10.6%.

Outside Europe, Groupe Renault achieved record sales in 2016, up 15.3% on 2015 against growth of 5.2% on the market as a whole. Volumes and market shares were up in all regions.

“In 2016 we sold 3.18 million vehicles worldwide, setting a new sales record. Our strategy of product range renewal and geographic expansion, under way for several years now, has proven to be successful. It enables the Groupe Renault to progress significantly in terms of volume and market share in each region.” notes Thierry Koskas, member of the Executive Committee and Group Executive VP for sales & marketing.
RENAULT SECOND BRAND IN EUROPE

In Europe, Groupe Renault’s market share (passenger cars and light commercial vehicles) rose by 0.5 points to 10.6%. Registrations rose by 11.8% to 1,805,290. Sales were up in all the countries in the region.

Sales were up again for the Renault brand, which becomes Europe’s second biggest automotive brand. With 1,390,280 vehicle registrations (up 12.1% on 2015), Renault’s market share rose 0.4 points on 2015 to reach 8.1%.

On the passenger car market, Renault’s market share rose more than any other brand in Europe, by 0.4 points. It is mainly due to the successful product range renewal programme including Espace, Talisman and the Megane family. New Scenic got off to a good start, with more than 19,000 orders in its first quarter on the market.
Renault kept its leadership in B-segment city cars, owing to successful showings from Clio and Captur, which heads its segment at 215,670 units.

On the European light commercial vehicle market, Renault brand sales rose 9.9% to reach 296,187 vehicles, for a market share of 14.8%.

After eleven years on the European market, Dacia brand sales were again up in 2016 (by 10.8%), at a record 415,010 registrations.

The Renault brand stays at the top of the European electric vehicles market, with sales up by 11 % at 25,648 units (excluding Twizy). ZOE heads the electric passenger car ranking with 21,735 registrations (up 16%) and Kangoo Z.E. the electric light commercial vehicle market with 3,901 vehicles sold.

In France, Groupe Renault achieved its best sales performance in five years. Renault widened its lead as France’s leading automotive brand, with a 22.3% of the passenger car and light commercial vehicle market, while Dacia sales hit a record high of 112,000 units, ranking fourth for sales to private motorists.
INTERNATIONAL GROWTH

Despite uneven economic situations across the globe, Groupe Renault strengthened its positions to increase its market share in all regions. Again, its product range renewal programme bore fruit, with Kwid in India, QM6 and SM6 in Korea, Kaptur in Russia, Koleos in China, Megane Sedan in Turkey and Oroch in Latin America.

In the Africa / Middle East / India region, Groupe Renault registrations rose by 36.4%, giving a market share of 6.2% (up 1.7 points).
In India, Renault kept its position as best-selling European automotive brand, with sales up by 145.6%. Kwid registrations totalled 105,745. India rose five places to become the group’s eighth biggest market worldwide.
In Iran, sales boomed by 110.7% to give Groupe Renault an 8.4% market share, up 3.7 points on 2015. The group has reclaimed its position as a major player on the Iranian market, doubling its market share in a single year thanks to successful performance from Tondar and Sandero.
In North Africa, Groupe Renault holds a 38.5% market share, up by 4.9 points. In Algeria, its market share reached a record 51.3% in 2016, up by 15.7 points, benefiting from local production of Symbol.
In Morocco, where Dacia and Renault hold first and second places respectively, Groupe Renault registrations rose by 22.5%, with record sales yielding a market share of 37.8%.

In the Eurasia region, registrations rose by 2.3% despite market shrinkage of 6.3%. Market share rose accordingly, by 1.1 points to 13.0%, largely driven by strong performance with record sales in Turkey (up 4.4%). New Megane Sedan got off to a good start, with orders topping 13,200 in the first two months.
Sales growth in most of the countries in the region offset the impact of the economic crisis in Russia, where the market collapsed by 10.8%. Renault was able to contain the decline in its sales here at 2.6%, to achieve a record market share of 8.2%, up by 0.7%, chiefly owing to successful performance from Kaptur, which sold more than 14,600 units since it was launched in June.

In the Americas region, Groupe Renault sales rose by 0.1% despite market shrinkage of 4.1%, holding up well to the economic difficulties with a market share of 6.5%, up by 0.3 points.
In Brazil, market share rose by 0.2 points to a record 7.5%, on a market that slipped back 19.8% thanks to the successful performance of Duster Oroch. In 2017, the group will benefit of its brand new SUV range with Captur, Kwid and New Koleos as well as the arrival of Alaskan. The Renault brand continues to reap the benefits of pickup on the Argentinian market, with registrations up by 24.8% against growth of 9.1% in the market as a whole. In Colombia, sales volume and market share hit records (21.3%).

In the Asia Pacific region, Renault Samsung Motors sales rose 38.8% in South Korea despite the 0.3% shrinkage of the market: the market share was up 1.7 points at 6.2% thanks to the successful launches of SM6 and QM6 in 2016. QM6 orders reached 21,000 in just four months.
In China, following release of Kadjar, the first vehicle made locally by the Dongfeng Renault joint venture, Renault sales rose by 50.8% against market growth of 14.0%. New Koleos orders approached 10,000 in just two months.
GROUPE RENAULT SALES OUTLOOK FOR 2017

In 2017, the global market is expected to grow by 1.5% to 2% compared with 2016. The European market is also expected to increase by 2%, with a 2% increase also for France.

At the International level, the Brazilian and Russian markets are expected to become stable. China shall grow by 5% and India by 8%.

Groupe Renault should continue to reap the benefit of product range renewal in Europe, and of the strong dynamic on international markets, with Kwid in India, Koleos and Kadjar in China, Kaptur in Russia, QM6 and SM6 in South Korea, and Alaskan plus the SUV range in Latin America.

Groupe Renault therefore expects a sustained growth in sales volumes and market shares in Europe and in the international markets.

Group sales by region PC+LCV

December Ytd*
2016 2015 % var.
France 651,778 607,173 7.3%
Europe** (Excl France) 1,153,512 1,007,018 14.5%
France + Europe Total 1,805,290 1,614,191 11.8%
Africa Middle East India 491,151 360,029 36.4%
Eurasia 364,451 356,216 2.3%
Americas 354,370 354,072 0.1%
Asia Pacific 167,363 124,418 34.5%
Total Excl France + Europe 1,377,335 1,194,735 15.3%
World 3,182,625 2,808,926 13.3%

* Sales    
** Europe = European Union, except Romania, Bulgaria & Island,  
Norvway & Switzerland, Albania, Bosnia, Macedonia, Malta, Montenegro, Serbia

 

Sales by brand

December Ytd*
2016 2015 % var
RENAULT      
PC 2,094,542 1,829,832 14.5%
LCV 392,767 348,127 12.8%
PC + LCV 2,487,309 2,177,959 14.2%
RENAULT SAMSUNG MOTORS      
PC 111,097 80,028 38.8%
DACIA      
PC 542,542 511,501 6.1%
LCV 41,677 39,438 5.7%
PC + LCV 584,219 550,939 6.0%
GROUPE RENAULT      
PC 2,748,181 2,421,361 13.5%
LCV 434,444 387,565 12.1%
PC + LCV 3,182,625 2,808,926 13.3%

 


Groupe Renault: 15 markets – December Ytd

    Volumes  2016* MS VP+VU 2016
(units) (% )
1 FRANCE 651,778 26.87
2 GERMANY 198,609 5.49
3 ITALY 190,610 9.37
4 SPAIN 170,272 12.90
5 TURKEY 169,236 17.20
6 BRAZIL 149,977 7.55
7 UNITED KINGDOM 138,642 4.51
8 INDIA 132,235 3.95
9 RUSSIA 117,227 8.21
10 SOUTH KOREA 111,087 6.19
11 IRAN 108,536 8.44
12 ARGENTINA 99,097 14.50
13 BELGIUM+LUXEMBOURG 92,247 13.82
14 MOROCCO 61,726 37.84
15 ALGERIA 61,249 51.32

*2016 full year (sales), excl Twizy

SEAT S.A. 2016 sales figures; SUV Ateca boosts sales in 2016

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Seat Ateca, successor to Seat Altea

SEAT concluded 2016 with increased sales for the fourth consecutive year. The carmaker delivered a total of 410,200 vehicles, which is 2.6% more than in 2015 (400,000) and the best result since 2007. In the last four years, SEAT sales have gone up by 27.8%, which represents 89,200 more vehicles than in 2012 (321,000). The new SEAT Ateca has spurred SEAT deliveries. 24,200 units of the company’s first ever SUV have been sold since it reached dealerships starting in July. Thanks to the successful launch of the Ateca, SEAT deliveries in the second half of 2016 stepped up by 5.3%.

The Ateca figures are complemented by growth posted by the SEAT Alhambra and the SEAT Leon. Both models concluded 2016 with their highest ever sales results. Coinciding with its 20th anniversary, sales of the brand’s minivan saw double-digit improvement, increasing by 13.6% to stand at 30,700 units. In terms of the Leon, its sales went up by 3.0% to reach 165,000 vehicles. This is the best sales result of the Leon since it was launched in 1999, and it is the brand’s best-selling model. Furthermore, the SEAT Ibiza is reaching the end of its fourth generation with a high sales volume and concluded 2016 with 152,000 vehicles delivered, which is slightly lower than the 2015 figure (-0.9%).

SEAT President Luca de Meo expressed his satisfaction with the results. “Our product offensive has just begun, and for yet another year our performance has earned us positive results. The launch of the Ateca enables us to face upcoming future with optimism: it’s already the brand’s third pillar, and starting this year its contribution to sales is going to be much more noticeable”. Speaking about 2017, Luca de Meo said that “with the updated Leon, the fifth generation Ibiza and the new Arona we set ourselves the goal of increasing our sales volume. 2017 is going to be a very special year for SEAT”.

320,000 vehicles delivered in Western Europe

SEAT sales in Western Europe reached 319,900 units, 2.2% more than in 2015 (312,800) thanks to momentum in markets such as Austria (+12.9%), Sweden (+31.3%) and Portugal (+17.0%). This is the best result in the region since 2007. SEAT also ended the year with a positive balance in five major European countries. In Germany, the brand’s largest market, sales went up by 2.5% to reach 90,000 units, while Spain came in second with 77,200 vehicles delivered (+0.1%). The United Kingdom and France, SEAT’s third and fifth largest markets, improved by 0.5% totalling 47,400 and 22,500 vehicles respectively, while sales grew by 3.9% in Italy, the company’s seventh largest market, with a total of 16,500 cars delivered.

All-time sales records in Turkey and Israel

Growth in Poland (+22.0%), SEAT’s largest market in the region, and in Hungary (+11.1%) drove SEAT sales in Eastern Europe, with an overall 8.2% increase to stand at 28,200 vehicles (2015: 26,100). This is the highest sales figure in the region since 2008. In addition, SEAT sales went up by 3.2% in the Czech Republic, where the company posted its best ever result.

In 2016, SEAT once again broke its sales record in Turkey and Israel. Turkey, the company’s sixth largest market, contributed more new volume after increasing by 41.7% to stand at 19,700 vehicles, 5,800 more than in 2015. In Israel, SEAT grew by 6.2% and recorded a total of 8,000 units sold. In addition, in Mexico, the brand’s fourth largest market, SEAT sales totaled 24,500 vehicles, 1.5% more than the previous year.

Furthermore, SEAT began its marketing efforts in Singapore and Mauritius in 2016, two new markets that join Moldavia and Palestine, which were opened up in 2015.

2017 will see SEAT’s product offensive continue, which was begun with the Ateca. This January the updated Leon will be available in dealerships, followed by the Ibiza in the first six months of the year, and subsequently the new SEAT Arona. The launch of the Ateca is having a positive impact on customer deliveries, as well as on the company’s financial results. In the first nine months of 2016 the company posted an operating profit of 137 million euros, a figure which is 11 times higher than the profit obtained in the same period the year before.

Updates to the dealership network

SEAT concluded 2016 with renovations completed on 60% of the brand’s network of more than 1,700 dealerships and showrooms with the new corporate image. The new image conveys a seamless link between SEAT’s corporate identity and brand design and symbolises the values of the company, creating an open, welcoming environment.

Source: Link

Porsche sets new sales record; Macan stood as best-selling Porsche

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In 2016, Porsche AG far exceeded its 2015 record. The Stuttgart-based sportscar manufacturer delivered a total of 237,778 vehicles around the world, some 6 per cent more than the previous record.

The key drivers of growth were Europe, the USA and China. The Macan and the new 718 Boxster had a particularly positive effect on the result. The excellent response to the new Panamera provides an additional boost.

“Our strong product range has enabled us to once again exceed the high levels from the previous year”, says Oliver Blume, Chairman of the Executive Board of Porsche AG. “Porsche is synonymous with emotion and quality. The positive trend in the global markets confirms how enthusiastic our customers are.” However, he adds that exclusivity is more important to Porsche than sales targets. Detlev von Platen, Member of the Executive Board responsible for Sales and Marketing, gives further reasons for this clear growth: “the strength of the brand and the exceptionally motivated dealership network, which we have continued to expand”.

The legend of the Porsche 911 continues

There were 12,848 deliveries of the 718 Boxster, exceeding last year’s result by 9 per cent. Meanwhile, the legend of the Porsche 911 continues: With a total of 32,409 models delivered, sales of the 911 once again grew by 2 per cent, helping it to maintain its special position in the market for exclusive sportscars. The Macan reinforced its position as the best-selling Porsche with 95,642 vehicles delivered, representing an increase of 19 per cent.

In the sales regions, Europe surpassed last year’s excellent result by 5 per cent, delivering 78,975 vehicles. Germany remained stable at 29,247 vehicles delivered (+1 per cent). Porsche has also continued its success story in the USA, where last year the company delivered 54,280 models, some 5 per cent more than in 2015. After the great success of the Porsche Experience Center in Atlanta, Porsche reinforced its presence in the key American market by opening a second site in Los Angeles in November 2016. China is once again the strongest individual market, with a total of 65,246 vehicles delivered – an increase of 12 per cent. Porsche is responding to the good level of demand by further expanding its dealerships and it plans to open the Porsche Experience Center in Shanghai in 2017.

The coming weeks will see the launch of the completely redeveloped second generation of the Panamera in the USA and China. The shooting-brake version – the Panamera Sport Turismo – will celebrate its world premiere in March at the Geneva Motor Show.

Via Porsche Newsroom