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PORSCHE LISTING
Porsche recalls over 3,000 vehicles in Canada across several models over safety issues which can lead to crash; check list of affected models and what you can do if yours is on the listPorsche is recalling over 3000 vehicles in Canada due to a faulty high-voltage electric heater. This issue can lead to reduced cabin heat a...- Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
- Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
- 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, vrooming ahead auto-maticPorsche is, however, not giving up on internal combustion for motor sports. It has started production of synthetic methanol from water, hyd...
- Volkswagen says supply jams here to stay as earnings stagnateVolkswagen said supply bottlenecks were the new norm as its third quarter earnings stagnated below pre-pandemic levels, under the burden of...
- Porsche sees 40% rise in profits in first nine months, confirms outlookProfits were 40.6% above last year's with just a 15.7% increase in revenue and just a 2% increase in deliveries, showing higher profitabili...
- Porsche overtakes Volkswagen as Europe's most valuable carmakerAlthough Porsche shares had fallen below its listing price on Monday to 81 euros, in line with a wider fall in markets, they had risen to 9...
- 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 ignites blockbuster IPO, defying market turmoilEven as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with...
- 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 IPO valuation sends Volkswagen shares up 1.3%The issue could be Europe's third largest IPO on record if the upper price target is reached, according to Refinitiv data. Volkswagen's sha...
- Porsche IPO to comprise 911 million shares in nod to its most famous modelInvestor roadshows are due to complete this Friday, several sources said, allowing time for senior executives to hold discussions over the ...
- 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...
- Porsche IPO only off the table if severe geopolitical problems arise, CFO saysVolkswagen triggered a listing of sportscar brand Porsche late on Monday after months of deliberation, but cautioned the move was still sub...
- 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 ...
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