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PORSCHE AG
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...- Billionaire Porsche clan’s thirst for cash collides with Volkswagen’s woesEurope's most powerful automotive dynasty faces mounting financial strains as Volkswagen's performance deteriorates. Hans Michel Piëch, who...
- Porsche CEO Oliver Blume sees 'tough and long' road ahead in major product overhaulPorsche AG anticipates prolonged margin pressures due to a shift in its product strategy, prioritizing combustion engine models in response...
- Porsche plans to cut additional 1,900 jobs by 2029Porsche AG plans to cut an additional 1,900 jobs over the next four years at its main sites in Stuttgart-Zuffenhausen and Weissach, aiming ...
- Porsche AG Q1 Results: Operating profit drops 30% to $1.37 billion on ramp-up costsPorsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steer...
- Porsche confirms outlook but warns luxury not immune to economic woesPorsche AG has reported its nine-month results in line with its annual forecast, but has warned that the luxury sector is being affected by...
- Porsche enters stock market with historic IPO. See price of its sharesThe listing broke records and saw Porsche's market cap of around $72 billion was above rivals Ferrari and slightly lower than Volkswagen.
- Investors switch to Porsche AG shares from Volkswagen on debut dayA Swiss-based equity fund manager said some investors that bought Volkswagen and Porsche Holding to play a potential IPO boom might be unwi...
- Porsche shares flat at close after landmark $72 bln listingThe share performance puts Porsche AG's valuation at about 75.43 billion euros, only slightly below former parent Volkswagen, which is wort...
- Porsche to debut amid market tumult in historic IPOPorsche was and is the pearl in the Volkswagen Group," Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell, said. ...
- Investors mixed as Porsche seeks price tag of up to $75 billionVolkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70-75 billion) for Porsche AG, slightly below some...
- Porsche listing sees huge interest, only some investors question dual role - BlumeAttracting interest from a broad range of investors was important, Blume said, declining to comment on what proportion of Porsche shares Vo...
- Volkswagen boards to discuss Porsche listing on MondayA decision will also be taken on whether Volkswagen approves of the sale of 25% and one share of ordinary shares in Porsche AG to Porsche S...
- Volkswagen, top shareholder strike framework deal for Porsche IPOIn case of an initial public offering, the share capital of Porsche AG would be equally split into preferred and ordinary shares and up to ...
- Super-sports carmaker Porsche posts 14% growth in first half of 2012Despite debt crisis in Europe, Volkswagen Group owned, Super-sports car maker Porsche AG has posted a healthy 14% growth in the first 6 mon...
- Porsche to raise cayenne outputCayenne output will increase by 10% to 20% starting in 2012, Bernhard Maier, Porsche’s sales chief, said in an interview.
- VW buys 49.9 per cent stake in PorscheGermany's Volkswagen AG says it has purchased an initial 49.9 percent stake in fellow car maker Porsche AG carrying out a move that it had ...
- Volkswagen shareholders approve issue of 135 million sharesThe move aimed at ensuring greater financial flexibility prior to the company's proposed merger with Porsche AG.
- Volkswagen board moves closer to Porsche mergerGerman carmaker Volkswagen AG said on Friday its supervisory board had approved certain agreement contracts for the planned merger with Ger...
- VW, Porsche meet, merger news eyedOfficials from German car companies Volkswagen AG and Porsche AG were meeting in Wolfsburg Thursday afternoon amid intense interest about t...
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