BERLIN (Reuters) - Porsche AG shares fell 7% in early Friday trade after the luxury carmaker forecast a preliminary profit margin of 10%-12% for 2025, far below expectations, as it struggles to boost ...
In a separate statement on Thursday night, Porsche SE — the investment vehicle of VW’s majority owner, the Porsche-Piëch family — said a previously announced writedown of its stake in Porsche would be ...
All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The ...
President Trump has threatened import tariffs on automobiles seemingly forever, ranging from 25 percent to 300 percent ...
Volkswagen Group is eyeing Porsche and Audi assembly in the U.S. to avoid possible tariffs, and its Chattanooga plant and ...
Porsche SE, the holding firm of Porsche AG, said on Thursday it expects impairments on its stake in the carmaker to nearly ...
The VW brand Porsche wants to part company with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von ...
Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's ...
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Volkswagen partners with Dassault to optimise vehicle developmentGerman car maker Volkswagen has selected French software group Dassault Systèmes to advance its digital infrastructure for ...
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Porsche in talks for early termination of two board membersMeschke served on Porsche's executive board since 2009, overseeing finance and IT, and has been the deputy chair since 2015, ...
Connected engineering platform provider’s core technology becomes foundational solution at Volkswagen to advance vehicle development through virtual twin experiences, reducing engineering and ...
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