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PORSCHE AG
TCS to buy Porsche's IT unit, bags five-year deal worth $1.5 billionTCS Porsche IT unit acquisition: In a five-year deal tied to the acquisition, Porsche has committed €1.25 billion to TCS and the unit for ...- TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...
- TCS secures €1.25 billion five-year strategic deal with PorscheTata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition o...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- 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...
- 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...
- 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...
- 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...
- 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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