Porsche recalls Panamera sedan, fears losing reputation for quality

2010 Porsche Panamera

Porsche has recalled every Panamera sedan it built only months after the model went on sale, in what is being called a “severe dent” on the company’s sterling reputation for quality. The recall consists of 11,300 Panameras being recalled to fix possible faulty seatbelt tensioners.

Porsche, which has repeatedly received top marks from J.D. Power for its industry-leading quality, may have some German executives a little angry on the news of the recall.

Porsche SE controls 51 percent of Porsche AG, with the remainder held by Volkswagen AG. The news could get Volkswagen to take action.

Martin Winterkorn, who is CEO of both Volkswagen and Porsche SE has repeatedly said that the better a brand performs, the more autonomy it gains within the overall group.

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Refresher: The $89,800 Porsche Panamera S is powered by a 400-hp V8 allowing for a 0-60 mph time of 5.2 seconds with a top speed of 175 mph. The $93,800 Panamera 4S is powered by the same 400-hp V8. The $132,600 Porsche Panamera Turbo is powered by a turbocharged V8 making 500-hp allowing for a 0-60 mph time of 4.0 seconds with a top speed of 188 mph. The Porsche Panamera V6 and Porsche Panamera 4 are powered by a 3.6L V6 engine making 300-hp and a peak torque of 295 lb-ft.  Prices start at $74,400 for the base V6 Panamera and $78,900 for the V6 Panamera 4.

2010 Porsche Panamera:

– By: Omar Rana

Source: Reuters