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Porsche SE announced plans to increase its investments in the defence sector while consolidating its automotive focus, in ...
The German billionaire family behind Porsche is launching a new fund focused on investing in defence as it seeks to cash in ...
Porsche AG and Volkswagen AG’s owners are setting up a fund to make defense-industry investments, hoping to ride a surge in European military spending.Porsche Automobil Holding SE, the holding company ...
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DPA International on MSNHolding firm Porsche SE lowers profit forecast as VW struggles weigh
Volkswagen's parent company Porsche SE has cut its annual profit target due to the difficult conditions at its core holdings, Volkswagen and Porsche AG. Adjusted for special items, the holding firm ...
Porsche SE, the Porsche-Piëch family’s holding company said on Wednesday that it was seeking “other investors and strong partners” to invest in defence start-ups alongside it, in a bid to tap into ...
After more than two decades Volkswagen will stop manufacturing the Touareg SUV and the end of 2026, with no information about its replacement.
The company, which is controlled by the Porsche-Piech family and holds big stakes in Volkswagen and Porsche, said Friday it expects to record an impairment of between 7 billion euros and 20 ...
Volkswagen and Porsche’s weird financial and corporate setup are getting a little too strange to get a grip on, the UAW isn’t happy about Hyundai and alleged child labor, and BMW and Amazon ...
For decades Porsche’s most famous racing cars would often be seen accompanied by Volkswagen support vehicles. These Renndienst, or “racing service” vans and trucks were built from T1 and T2 ...
Porsche has long been Volkswagen's cash cow, contributing 50% of its pretax earnings. The sports car maker sold more than 300,000 new cars in the last business year.
Porsche is aiming for a 20 percent voting stake in VW, which could cost nearly $4 billion. Porsche says that it wants to ensure a solid supply link with VW, which supplies content for nearly a ...
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