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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 ...
Holding company Porsche SE , Volkswagen's largest shareholder, cut its full-year profit forecast on Wednesday, weighed down by the German automaker's weak first-half performance, while reiterating its ...
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 ...
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.
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 ...
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 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 ...
Holding company Porsche, Volkswagen's largest shareholder, has today cut its full-year profit forecast, weighed down by the German automaker's weak first-half performance, while reiterating its plans ...
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