Porsche recalls all Panamera cars

27th April 2010, Comments 0 comments

German sports car maker Porsche said Tuesday it was recalling all its 11,324 newly launched four-door Panamera cars due to possible seatbelt problems.

A spokesman said the "precautionary" recall was because seatbelt mounts on the Panamera, launched in September 2009, could fail when the front seats are adjusted in an extreme forward position.

"There have not been any accidents," the spokesman told AFP.

The Panamera, which in Germany sells for between 75,899 euros (101,370 dollars) and 135,154 euros for the Turbo, was launched as Porsche's newest model range alongside the Boxster, the Cayman, 911 and the Cayenne.

Porsche is targeting 20,000 Panamera sales a year and is counting on the car to boost growth and profits after the global recession sent the global luxury auto industry into reverse.

Volkswagen in December acquired a 49.9-percent stake in Porsche's sports car operations for 3.9 billion euros as part of a complex merger expected to be finalised in 2011.

The recall is the latest blow to automakers after recent accelerator and brake problems tarnished the reputation of Japan's Toyota.

© 2010 AFP

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