The output of the 3.6 liter engine in the Porsche 911 Carrera 4 increases by 20 horsepower to 345 hp. The Porsche 911 Carrera 4S with its 3.8 liter engine is equally impressive, with an increase of 30 horsepower to 385 hp.

The revolutionary PDK works in conjunction with direct fuel injection for the flat-six engines and electronically controlled all-wheel-drive system to provide these seemingly diverse improvements to performance, fuel-economy and emissions.

The new generation of the Porsche 911 Carrera 4/4S replaces the former all-wheel drive viscous multiple-plate clutch system with a more dynamic electronically controlled PTM (Porsche Traction Management) system. This system, originally developed for the Porsche 911 Turbo and adapted for the normally aspirated variants, combines the driving pleasure typical of Porsche with a high level of driving stability, traction and agility, which is further enhanced by a (now standard) mechanical locking rear axle differential.

Standard on all versions of the new model are a proven six-speed manual transmission. As an alternative, the new Porsche 911 Carrera 4/4S are available with the Doppelkupplungsgetriebe or double-clutch, which replaces the Tiptronic S automatic transmission. The PDK offers faster gearshifts and better fuel efficiency. The PDK gearbox comes with seven gears shifting hydraulically without the slightest interruption of traction and pulling force.

The new generation of the Porsche 911 series visually stands out through discreet, but striking, modifications to the front and rear lighting. The new models come with BI-XENON(TM) headlights and new LED daytime driving lights. The redesigned rear-light clusters feature LED technology. For the first time in a 911, Porsche offers dynamic bending lights as an option, which moves in the direction the steering wheel and the car is turning.

The Porsche Carrera 4 models retain a rear muscular stance, as before, 1.73-inches wider than the two-wheel drive version. A new reflector trim bar between the LED rear lights gives the rear end of the new car even more character.

The most compelling interior upgrade is the new Porsche Communication Management (PCM) 3.0 which features a touchscreen for simplified operation of the audio system as well as the optional hard-disk-drive navigation system. Other important additions to PCM 3.0 are the new options of XM radio with XM NavTraffic capability, Bluetooth(R) connectivity, iPOD(R) port, USB port and auxiliary jack.

The 2009 Porsche 911 Carrera 4 and Carrera 4S Coupe and Cabriolet models will be introduced in the U.S. on October 25, 2008. The 911 Carrera 4 Coupe is priced at $81,700, while both the 911 Carrera 4 Cabriolet and 911 Carrera 4S Coupe are $92,300. The 911 Carrera 4S Cabriolet is $102,900.

Porsche Cars North America, Inc. (PCNA), based in Atlanta, GA, and, Porsche Cars Canada, Ltd. (PCC) in Mississauga, Ontario, are the two separate importers of Porsche sports cars and Cayenne sport utility vehicles for the United States and Canada respectively. They are each wholly owned, indirect subsidiaries of Dr. Ing.h.c. F. Porsche AG. These two subsidiaries combined, PCNA and PCC employ approximately 250 people who provide Porsche vehicles, parts, service, marketing and training for its 200 U.S. and 12 Canadian dealers. They, in turn, provide Porsche owners with best-in-class service.

SOURCE: Porsche

Porsche
Chris Wall, 770-290-3834
Manager, Automotive Media & Product Information
or
Tony Fouladpour, 770-290-3667
Manager, Corporate Communications

The output of the 3.6 liter engine in the Porsche 911 Carrera 4 increases by 20 horsepower to 345 hp. The Porsche 911 Carrera 4S with its 3.8 liter engine is equally impressive, with an increase of 30 horsepower to 385 hp.

The revolutionary PDK works in conjunction with direct fuel injection for the flat-six engines and electronically controlled all-wheel-drive system to provide these seemingly diverse improvements to performance, fuel-economy and emissions.

The new generation of the Porsche 911 Carrera 4/4S replaces the former all-wheel drive viscous multiple-plate clutch system with a more dynamic electronically controlled PTM (Porsche Traction Management) system. This system, originally developed for the Porsche 911 Turbo and adapted for the normally aspirated variants, combines the driving pleasure typical of Porsche with a high level of driving stability, traction and agility, which is further enhanced by a (now standard) mechanical locking rear axle differential.

Standard on all versions of the new model are a proven six-speed manual transmission. As an alternative, the new Porsche 911 Carrera 4/4S are available with the Doppelkupplungsgetriebe or double-clutch, which replaces the Tiptronic S automatic transmission. The PDK offers faster gearshifts and better fuel efficiency. The PDK gearbox comes with seven gears shifting hydraulically without the slightest interruption of traction and pulling force.

The new generation of the Porsche 911 series visually stands out through discreet, but striking, modifications to the front and rear lighting. The new models come with BI-XENON(TM) headlights and new LED daytime driving lights. The redesigned rear-light clusters feature LED technology. For the first time in a 911, Porsche offers dynamic bending lights as an option, which moves in the direction the steering wheel and the car is turning.

The Porsche Carrera 4 models retain a rear muscular stance, as before, 1.73-inches wider than the two-wheel drive version. A new reflector trim bar between the LED rear lights gives the rear end of the new car even more character.

The most compelling interior upgrade is the new Porsche Communication Management (PCM) 3.0 which features a touchscreen for simplified operation of the audio system as well as the optional hard-disk-drive navigation system. Other important additions to PCM 3.0 are the new options of XM radio with XM NavTraffic capability, Bluetooth(R) connectivity, iPOD(R) port, USB port and auxiliary jack.

The 2009 Porsche 911 Carrera 4 and Carrera 4S Coupe and Cabriolet models will be introduced in Canada on October 25, 2008. The 911 Carrera 4 Coupe is priced at $102,100, while both the 911 Carrera 4 Cabriolet and 911 Carrera 4S Coupe are $115,000. The 911 Carrera 4S Cabriolet is $127,800.

Porsche Cars North America, Inc. (PCNA), based in Atlanta, GA, and, Porsche Cars Canada, Ltd. (PCC) in Mississauga, Ontario, are the two separate importers of Porsche sports cars and Cayenne sport utility vehicles for the United States and Canada respectively. They are each wholly owned, indirect subsidiaries of Dr. Ing.h.c. F. Porsche AG. These two subsidiaries combined, PCNA and PCC employ approximately 250 people who provide Porsche vehicles, parts, service, marketing and training for its 200 U.S. and 12 Canadian dealers. They, in turn, provide Porsche owners with best-in-class service.

SOURCE: Porsche Cars Canada, Ltd.

Porsche Cars Canada, Ltd.
Chris Wall, 770-290-3834
Manager, Automotive Media & Product Information Manager
or
Tony Fouladpour, 770-290-3667
Corporate Communications

Ilpo Korhonen, President of Valmet Automotive, says that the plant has two to three years to sign a new manufacturing contract and thus to safeguard production without major breaks: "We can offer world-class production quality. Recently we have been complementing our manufacturing capabilities with consistent development of our own in-house manufacturing engineering, product development and project management services. This will improve our possibilities to win new contracts in the ongoing negotiations with other car manufacturers. Unfortunately, this time our offer did not meet Porsche's future demands."

Holger P. Haerter, Deputy Chairman of Porsche SE, and as Chief Financial Officer responsible for the allocation of commissioned production, comments: "Over the last eleven years, Valmet Automotive has built more than 200,000 sports cars of outstanding quality for us. Our decision not to continue the successful cooperation is in no way a vote against Valmet. Rather, it was the high development capacity and competence of our future partner that tipped the balance."

In 2007, the net sales of Valmet Automotive were EUR 85 million. The number of personnel is about 800. Valmet Automotive recently completed personnel negotiations resulting in fixed-time lay-offs and training of the personnel. The temporary reduction of production in the autumn mainly results from the seasonal, decreased market demand in roadster car segment.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.

www.metso.com

www.valmet-automotive.com

For further information, please contact:
Ilpo Korhonen, President, Valmet Automotive, tel. +358 204 84 8000
Kati Renvall, Vice President, Corporate Communications, Metso
Corporation, tel. +358 204 84 3121

It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding expectations for general economic development and the market situation, expectations for customer industry profitability and investment willingness, expectations for company growth, development and profitability and the realization of synergy benefits and cost savings, and statements preceded by "expects", "estimates", "forecasts" or similar expressions, are forward-looking statements. These statements are based on current decisions and plans and currently known factors. They involve risks and uncertainties which may cause the actual results to materially differ from the results currently expected by the company.

Such factors include, but are not limited to:

(1) general economic conditions, including fluctuations in exchange rates and interest levels which influence the operating environment and profitability of customers and thereby the orders received by the company and their margins

(2) the competitive situation, especially significant technological solutions developed by competitors

(3) the company's own operating conditions, such as the success of production, product development and project management and their continuous development and improvement

(4) the success of pending and future acquisitions and restructuring.

Copyright Copyright Hugin AS 2008. All rights reserved.

SOURCE: Metso Corporation