17:28 | 20.12.2016
ExxonMobil and Porsche Announce Extension of Strategic Relationship
ExxonMobil (NYSE:XOM) and Porsche today announced a multi-year extension
to their global framework agreement that has seen more than one million
Porsches roll off factory lines filled with Mobil 1 synthetic motor oil.
This number continues to rise as Mobil 1 oils consistently deliver on
their promise of fuel economy benefits and engine wear protection.
Since 1996, when the relationship began, Porsche and ExxonMobil have
shared a commitment to research, development and advanced technology,
with Mobil 1 synthetic motor oil facilitating four generations of the
iconic Porsche 911, as well as the introduction of the Cayenne,
Panamera, and Macan models. Because Mobil 1 oils are designed to provide
exceptional performance and protection in extreme conditions, Porsche
recommends the unique formulation for all of their models.
“For two decades, Mobil 1, the world’s leading synthetic motor oil, has
played a significant role in helping Porsche achieve new milestones in
automotive engine technology and performance,” said Nigel Searle, Vice
President for lubricants, ExxonMobil Fuels, Lubricants & Specialties
Marketing Company. ”With this extended partnership we will continue
helping Porsche deliver optimum performance for a truly outstanding
ExxonMobil will also remain an Official Cooperation Partner of Porsche
Motorsport, including the title sponsorship for the Porsche Supercup,
Gold Sponsorship of all Carrera Cup races worldwide and support for the
Porsche Works Teams in the LMP1/GT racing categories, including the WEC
Series and iconic 24 Hours of Le Mans.
“ExxonMobil is one of our closest and most important cooperation
partners, not only in motorsport but also in the development of our
production engines, which are filled at the factory with the
high-performance lubricant Mobil 1,” said Dr. Michael Steiner, Porsche’s
Member of the Executive Board for Research and Development. “Over the
last 20 years, ExxonMobil has contributed significantly to the good
performance of our racing vehicles. We look forward to continuing this
successful and trusted partnership.”
About Mobil 1
The world’s leading synthetic motor oil brand, Mobil 1™ features
anti-wear technology that provides performance beyond our conventional
motor oils. This technology allows Mobil 1 to meet or exceed the
toughest standards of car builders and to provide exceptional protection
against engine wear, under normal or even some of the most extreme
conditions. Mobil 1 flows quickly in extreme temperatures to protect
critical engine parts and is designed to maximize engine performance and
help extend engine life.
For more information, visit mobil1.com
and, on Facebook, www.Facebook.com/mobil1.
Mobil™ and Mobil 1™ are registered trademarks of Exxon Mobil Corporation
or one of its subsidiaries.
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