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Tag: Porsche

German luxury carmaker Porsche sees China sales plunge 26%

Agency Report - German luxury carmaker Porsche on Thursday reported another drop in sales as deliveries to China plunged. The Stuttgart-based...

Merz Calls October Summit To Tackle Germany’s Auto Crisis

Agency Report -   Facing a crisis in Germany's auto industry, Chancellor Friedrich Merz plans to convene a car industry summit...

Shares at Germany’s Volkswagen, Porsche plunge 7% on profit warning

Agency Report - Shares in German auto giant Volkswagen and its subsidiary Porsche fell sharply on Monday after the luxury...

Embattled German carmaker Porsche to focus on combustion engines

Agency Report - German luxury carmaker Porsche on Friday said it has decided to keep internal combustion models in its...

Porsche chief aims to get carmaker re-listed on the DAX

Agency Report - Stuttgart  - The head of luxury car manufacturer Porsche on Thursday blamed the company's delisting from Germany's DAX stock...

Porsche has no plans to sell Volkswagen shares

Agency Report - Porsche SE, the majority shareholder of Volkswagen (VW), is not planning a sale of VW shares according...

Porsche’s profit plunges 30% as China sales slump and costs rise

Agency Report - Stuttgart  - German sportscar manufacturer Porsche said its net profit fell 30.3% year-on-year to €3.6 billion ($3.9 billion)...

Germany’s Porsche to maintain dividend despite higher costs

Agency Report - Stuttgart, Germany  - The German car manufacturer said that, pending final approval from the supervisory board, it would...

Porsche sees sales in China plunge 28% in 2024, dip 3% globally

Agency Report - Stuttgart - German luxury carmaker Porsche on Monday reported a decline in global sales last year. Worldwide deliveries...