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Porsche SE announced plans to increase its investments in the defence sector while consolidating its automotive focus, in ...
Bentley and Porsche are part of the Volkswagen Group, so it’s fitting that both brands embraced color at Monterey Car Week.
4.8 (1,297 reviews) 158 Merrick Rd, Amityville, NY 11701 Visit Legend Porsche Audi VW ... View all hours View 4 awards New (631) 456-4162 ...
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 ...
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 ...
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 ...
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 shares and its top shareholder Porsche SE (PSHG_p.DE) rose as much as 4.5% and 5.1%, respectively, after the companies late on Thursday fleshed out details of a possible Porsche listing.
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 ...
Volkswagen is in "advanced discussions" about a potential spin-off of its Porsche division. A standalone Porsche could be worth almost as much as VW's current €110 billion market cap.