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Porsche SE announced plans to increase its investments in the defence sector while consolidating its automotive focus, in ...
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.
The Porsche 911 Dakar is an undeniably cool addition to any garage, but what do you tow it with when you want to keep things just as stylish? Enter this custom VW ID. Buzz, wrapped to match the ...
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 ...
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 ...
VW on Tuesday confirmed long-rumored talks with its majority shareholder, Porsche SE, about an IPO of its sports-car brand, Porsche AG. Porsche SE is an investment fund that consists of little ...
Volkswagen preferred shares, the most widely traded, soared 9 percent Tuesday after the company said it had negotiated a “ framework agreement ” with Porsche Automobil Holding, the investment ...
Porsche's status as a luxury brand able to bump up prices makes it a moneymaker for the Volkswagen Group. Its operating profit jumped 22% in the first half of this year, in contrast to an 8% fall ...
Volkswagen’s supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, which will comprise 911 million shares in a nod to its most famous model, two sources ...
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