52 Week Range
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Porsche SE: We Fully Support Volkswagen CEO And Chairman
China Dynamics (Holdings) Announces Disposal Of Partial Equity Interest In Rimac
Porsche SE H1 Earnings After Taxes Up At 2.38 Billion Euros
Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and production process through to vehicle- and mobility-related services. The Company operates one wholly owned subsidiary, Porsche Beteiligung GmbH, and one majority owned subsidiary, Volkswagen AG.
Auto & Truck Manufacturers
Hans Dieter Putsch
Chairman of the executive board, Chief Financial Officer
Chairman of the Supervisory Board
Hans Michel Pieech
Vice Chairman of the Supervisory Board
Member of the Executive Board
Philipp Alexander Edward von Hagen
Member of the Executive Board
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U.S. planemaker Boeing Co said on Thursday it was working with Volkswagen's <VOWG_p.DE> sports car brand, Porsche, to develop a concept electric flying vehicle capable of transporting people in urban settings.
Volkswagen's supervisory board and workers on Wednesday gave their backing to the carmaker's top managers a day after German prosecutors pressed charges related to the diesel emissions scandal.
Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.
Volkswagen <VOWG_p.DE> and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Volkswagen Group <VOWG_p.DE> shares rose 2% after the carmaker posted a 30% rise in second-quarter operating profit despite a drop in vehicle sales as rising demand for sports utility vehicles and premium brands boosted margins.
The following are some of the factors that may move German stocks on Wednesday:
Volkswagen's sports-car brand Porsche has to recall almost 340,000 Cayenne and Panamera vehicles due to problems with their automatic transmission, the German company said on Tuesday.
A German court on Wednesday said it won't allow a second investor group action against Volkswagen AG and its controlling shareholder, Porsche SE, for allegedly failing to inform investors about the Diesel scandal in 2015.
Porsche SE, the holding company controlling Germany's Volkswagen, on Tuesday said it raised its voting rights share in the carmaker to 53.1 percent from 52.2 percent.
Audi will make greater use of vehicle platforms and technologies developed with Porsche and Volkswagen as it embarks on a 15 billion euro cost cutting and efficiency drive, Chief Executive Bram Schot said on Thursday.
Volkswagen's Porsche unit on Sunday said it was cooperating with state prosecutors to clear up investigations into alleged tax debts related to early retirees and taxable benefits enjoyed by former top executives.
(This February 21 story refiles to give full name of Porsche Design in headline.)
Volkswagen's Porsche unit said on Thursday it had informed German authorities of potential issues with its emissions data, following a report in Germany's Der Spiegel that the figures for its 911 models of 2016 and 2017 were inaccurate.
A German court on Wednesday ordered Porsche Automobil Holding SE <PSHG_p.DE> to pay shareholders 47.2 million euros ($53.8 million) in compensation for violating disclosure rules over an emissions scandal at its main investment Volkswagen <VOWG_p.DE>.
A Stuttgart court ordered Porsche Automobil Holding SE to pay damages to shareholders and charged the company with violating disclosure rules tied to a 2015 diesel emissions scandal, two lawfirms said on Wednesday.
Volkswagen's <VOWG_p.DE> Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he is confident the maker of the iconic 911 sportscar can repeat last year's record sales in 2018.
Volkswagen's Porsche sports car brand is confident it can repeat last year's record sales in 2018, the division's chief executive told Reuters.
Sportscar producer Porsche could be worth up to 70 billion euros ($81 billion) as a separately listed company and needs to think about ways to make itself more attractive to investors and partners, Chief Financial Officer Lutz Meschke told German newspaper Sueddeutsche Zeitung...
Porsche needs to think about ways to make the sportscar brand more attractive to investors and potential cooperation partners, Chief Financial Officer Lutz Meschke told Sueddeutsche Zeitung.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.