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Auto Blog
31 minutes ago
- Auto Blog
Another Round Of Price Hikes Instantly Makes Every Porsche More Expensive
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Porsche 911 Prices Have Risen Drastically In Recent Times Porsche has never been a brand that tries to sell to everyone, but after the second round of price hikes for the 911 in four months, even fewer individuals can become customers. First spotted by Road & Track, the 911 range has been hit with prices of between 2.3 and 3.6 percent. As a result, the cheapest 911 Carrera now exceeds $130,000, and by a significant margin. For the record, Porsche updated the 911 range in March, and at the time, the base 911 was hit with an increase of almost 7%. While the 2025 911 Carrera started at $122,095 before a $1,995 destination charge, the 2026 911 Carrera was pushed to $129,950. Rubbing salt in the wound is that the destination charge was also raised to $2,250 for all 2026 models, but apparently, that wasn't enough of an increase either. New Porsche Pricing Affects Everything After the previous round of price adjustments added nearly $8,000 to the price of a base 911, the new price for 2026 tacks another $2,350 on the base model, which now starts at $132,300, before a new destination charge of $2,350 (a increase of $100). At the opposite end of the range are the 911 GT3 and 911 GT3 with Touring Package, which each cost $230,500 before options. That's an increase of over $8,000, but unfortunately, the 911 is not the only model line seeing increases, with every model now more expensive than before. New Price (+ dest.) Old Price (+ dest.) Total Difference 2025 718 Cayman $75,400 (+$1,995) $72,800 (+$1,995) +$2,600 2026 911 Carrera $132,300 (+$2,350) $129,950 (+$2,250) +$2,450 2026 Cayenne $88,800 (+$2,350) $86,545 (+$2,250) +$2,355 2026 Macan $64,600 (+$2,350) $63,100 (+$2,250) +$1,600 2026 Panamera $110,100 (+$2,350) $106,300 (+$2,250) +$3,900 2026 Taycan $103,900 (+$2,350) $100,300 (+$2,250) +$3,700 Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Porsche Has No Choice But To Raise Prices In a statement, Porsche spokesperson Frank Wiesmann explained the decision to R&T: 'With our customers front of mind, we keep a regular watch on market conditions, absorbing costs where we can and making adjustments only when it's absolutely necessary to do so.' He also confirmed that some options on the Porsche USA configurator have risen in price, and while it's disappointing for those who have to shell out more, it's not unexpected. With Chinese sales figures declining, EV demand proving sluggish, and new tariff policies impacting U.S. imports, Porsche warned that it could lose up to $2.3 billion a year if it didn't raise prices. With new 30 percent tariffs now being discussed for the European Union (and Mexico), more price increases may well come into effect before the end of the year. Porsche will not be producing cars in the U.S. because that would be even more costly to its precipitous business model, so if you want a 911 for less than $130k, you'll have to explore the used market. Source: Porsche About the Author Sebastian Cenizo View Profile
Finextra
40 minutes ago
- Finextra
Billtrust unveils agentic AI-powered credit and collections platform
Billtrust, a B2B accounts receivable workflow and payment software market leader, today announced new innovations in its Collections solution, delivering a new standard for AR teams by unifying advanced automation, AI-driven insights, and seamless agentic AI workflows. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. These innovations empower finance teams to streamline collections, resolve disputes faster, and make smarter credit decisions—all from a single, intelligent platform. The release introduces powerful new AI capabilities, including Agentic Email, Cases (Dispute Management), Credit Review, and Collections Analytics. Together, these features eliminate manual inefficiencies, improve compliance, and drive superior financial outcomes. "We're delivering the future of collections—intelligent, automated, and customer-centric," said Sunil Rajasekar, Billtrust CEO. "With these new innovations, we continue to help organizations modernize their operations, reduce risk, and unlock new levels of performance and customer satisfaction." Agentic Email: AI-Powered Inbox Automation for Collections Agentic Email revolutionizes how collections teams manage email volume and complex workflows by leveraging AI for advanced task recognition and intelligent response generation. Purpose-built for accounts receivable, AI agents instantly recognize key tasks and bring all relevant data and documents to inform their response. Collectors can resolve emails 10x faster by slashing manual effort and eliminating the need to dig through lengthy email threads, ensuring customers receive timely communication and swift resolution. Cases: End-to-End Dispute Management, Fully Integrated Cases transforms dispute resolution from a fragmented, manual process into a streamlined, transparent workflow. Disputes raised through eInvoice Connect, its billing and payments portal, flow directly into the Collections platform, where they are automatically tracked, paused from dunning workflows, and managed in a centralized portal. This ensures full visibility, reduces errors, and accelerates resolution times, helping teams protect customer relationships while improving cash flow and compliance. Credit Review: Intelligent, Ongoing Credit Risk Management Credit Review brings credit and collections together in one intelligent workflow. Unlike traditional systems that only assess new credit applications, Billtrust enables ongoing credit monitoring and management. Teams can adjust limits, block or unblock customers, and launch new applications—all from a centralized dashboard. AI-powered triggers and scheduled reviews ensure timely interventions, reducing bad debt and supporting strategic growth. Collections Analytics: Real-Time Insights to Optimize Performance Collections Analytics empowers finance teams with real-time visibility into collections performance. With industry-standard KPIs like the Collections Effectiveness Index (CEI) and automated anomaly detection via Billtrust Autopilot, teams can proactively identify bottlenecks, benchmark performance, and mitigate risk. Custom dashboards and detailed reporting enable data-driven decision-making, helping organizations continuously improve collections strategies and outcomes.
Finextra
41 minutes ago
- Finextra
ZestyAI launches AI agent for insurers
ZestyAI, the leader in AI-driven risk analytics for insurance, today announced the launch of ZORRO Discover™, a generative AI agent that delivers instant insights into regulatory filings and competitive market activity. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Regulatory research remains one of the costliest inefficiencies in insurance, with an estimated $2.5 billion spent annually on manual reviews. The process consumes millions of hours across fragmented workflows, as filings often stretch into the thousands of pages, slowing competitive analysis and strategic decision-making. To solve this, ZestyAI built ZORRO Discover on a proprietary generative AI pipeline, leveraging large language models optimized for insurance-specific content, including filings, objections, responses, and regulations from all 50 states. Using agentic AI, the platform proactively navigates and synthesizes regulatory data, delivering a fast, intuitive experience tailored to the structure and language of insurance filings. Early adopters of ZORRO Discover have found insurers can cut research time by an average of 95%, saving thousands of work hours and millions in costs. 'For too long, regulatory filings have buried critical intelligence under layers of complexity,' said Kumar Dhuvur, Founder and Chief Product Officer of ZestyAI. 'Through years of working closely with regulators, we've come to deeply understand these challenges. ZORRO Discover puts that intelligence at insurers' fingertips so they can act faster, stay compliant, and make smarter decisions in an increasingly competitive market.' ZORRO Discover supports compliance, actuarial, product, and strategy teams in accelerating competitive research and reducing regulatory risk. By replacing manual reviews with a consistent, repeatable process, the platform helps teams improve research accuracy, focus on high-impact work, and stay ahead of regulatory changes. Key capabilities include: Plain-language search: Analyze and compare filings across carriers, states, and time periods using intuitive queries—no deep regulatory or technical expertise required. Zero in on critical details instantly: Transform complex filings into executive-level insights for faster, more informed decision-making. Spot market opportunities early: Track shifts in rates, rules, forms, and guidelines to anticipate industry trends and act proactively. Run side-by-side comparisons: Evaluate pricing strategies, regulatory objections, or model usage over time and across competitors (e.g., compare windstorm mitigation discounts among major carriers in Florida). ZORRO Discover launches with a focus on homeowners insurance and is rapidly expanding to support regulatory and competitive intelligence across auto, commercial, and additional lines of business.
