Porsche sees 25% operating profit jump in Q1 on record deliveries BERLIN: Luxury carmaker Porsche’s return on sales in the first quarter was on par with last year’s at 18.2%, but... Published 03 May, 2023 12:50pm
Business & Finance Porsche set to join Germany’s prestigious DAX index BERLIN: Less than three months after a high-profile stock market debut, luxury carmaker Porsche is set to join... Published 12 Dec, 2022 06:07am
Markets Porsche to join Germany’s prestigious DAX index BERLIN: Less than three months after a high-profile stock market debut, luxury carmaker Porsche is set to join... Published 06 Dec, 2022 05:29pm
Business & Finance Porsche sees 40% rise in profits in first nine months, confirms outlook BERLIN: Porsche reported a 40.6% rise in operating profit to 5.05 billion euros on Friday in its first results since... Published 28 Oct, 2022 11:14am
Business & Finance Porsche overtakes Volkswagen as Europe’s most valuable carmaker BERLIN: Porsche took pole position as Europe’s most valuable automaker on Thursday, overtaking former parent... Published 06 Oct, 2022 05:03pm
Markets Porsche to race onto German stock exchange with mega IPO FRANKFURT: Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be... Published 26 Sep, 2022 12:51pm
Business & Finance Volkswagen targets 70-75 billion euros valuation in planned Porsche IPO HAMBURG: Volkswagen is targetting a valuation of 70 billion to 75 billion euros ($70.1-75.1 billion) for luxury... Published 18 Sep, 2022 11:23pm
Business & Finance Porsche poses governance dilemma for investors weighing IPO LONDON/MILAN: Porsche’s leadership set-up and the limited influence for stock market investors after its IPO are... Published 18 Sep, 2022 06:05am
Business & Finance Volkswagen to decide on landmark Porsche listing later on Monday HAMBURG/FRANKFURT: Volkswagen’s leadership will meet later on Monday to decide on whether to proceed with the... Published 05 Sep, 2022 06:43pm
Business & Finance Volkswagen shifts gears with Oliver Blume taking wheel FRANKFURT: Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German... Published 01 Sep, 2022 11:51am
World Russian tourists' luxury cars fill up Helsinki airport HELSINKI: Porsches, Bentleys and other luxury cars with Russian licence plates are filling up the parking garage at... Published 23 Aug, 2022 05:46pm
Business & Finance Porsche expects to make as many electric Macans as combustion versions BERLIN: Volkswagen’s sportscar brand Porsche expects to produce as many units of its Macan model in the electric... Published 22 Aug, 2022 06:33am
Business & Finance VW’s CEO Diess ousted after tumultuous tenure, Porsche’s Blume to succeed BERLIN: Porsche Chief Executive Oliver Blume will take over from Herbert Diess as CEO of Volkswagen (VOWG_p.DE), the... Published 25 Jul, 2022 06:12am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept