Porsche Automobil Holding SE

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Porsche Automobil Holding SE engages in the development, manufacture, and trading of automobiles. It operates through the Core Investments and Portfolio Investments segments. The company was founded on March 1, 1973 and is headquartered in Stuttgart, Germany.

Volkswagen AG

Porsche is recalling 27,527 electric sedans in the U.S. over concerns they may experience a short circuit within the battery module, the National Highway Traffic Safety Administration said on Tuesday.

Porsche to recall over 27,000 EVs in US over battery short circuit risk

Bayerische Motoren Werke AG

Mercedes-Benz Group AG

IG Metall, the powerful German labour union, and employee representatives of the nation's major carmakers said in a statement on Thursday that Germany should vote against the introduction of European Union tariffs on Chinese electric vehicles.

German union, auto workers call on Germany to vote against EU tariffs on Chinese EVs

The temporary sales environment – called Porsche NOW - offers a unique, convenient and interactive way for customers to experience the Porsche brand. The temporary sales environment – called Porsche NOW - offers a unique, convenient and interactive way for customers to experience the Porsche brand.

Porsche NOW: First Porsche temporary sales space opens in the United States

Porsche remains the leader among luxury brand car owners according to the 2024 U.S. Automotive Brand Loyalty Study Porsche remains the leader among luxury brand car owners according to the 2024 U.S. Automotive Brand Loyalty Study

Porsche receives top honor for the third consecutive year in J.D. Power study

TORONTO, ON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL) announced today the appointment of Trevor Arthur as its new President and Chief Executive Officer, effective October 1, 2024.

Porsche Cars Canada announces Trevor Arthur as its new President and CEO

Porsche AG shares have been disappointing post-IPO, falling due to challenges in China and cautious market guidance despite initial gains. Germany's economic struggles, including a recession and reliance on China, have negatively impacted German automakers, including Porsche. Porsche faces difficulties in the EV market, with consumer preferences shifting towards local BEVs in China, affecting sales.

Porsche AG: Bad News, A Few Positives And The Issue Of Valuation

Atlanta, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Porsche Cars North America, Inc. (PCNA) is celebrating the 40th anniversary of becoming a sales organization in North America.

Porsche Cars North America celebrates its 40th anniversary

German battery recycling start-up Cylib, which counts Porsche and Bosch as backers, broke ground on its first European industrial plant in western Germany, the company said on Monday.

Porsche-backed German start-up Cylib breaks ground on battery recycling plant

Cylib, a startup backed by luxury sports car firm Porsche and appliances maker Bosch, is building a massive battery recycling facility in Germany. The plant, located in the town of Dormagen in western Germany, will span 236,000 square feet.

A Porsche-backed startup is building a massive battery recycling plant to boost Europe's EV industry

Audi's sales chief Hildegard Wortmann has chosen to step back from her role and will be replaced by Marco Schubert, head of Europe at Porsche AG, Audi said on Friday.

Audi sales chief steps back, to be replaced by Porsche Europe head

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL) is pleased to announce the opening of five Porsche NOW locations in the metropolitan areas of Montreal, Ottawa, and Vancouver. The brand pop-ups are the first of their kind to premiere an electric mobility focus, heralding the arrival of new electrified Porsche models in Canada such as the Macan Electric and the 2025 Taycan.

New Porsche NOW locations open in Canada

Special sneaker design celebrates 50 Years of 911 Turbo as well as the upcoming opening of the Porsche Experience Centre Toronto Special sneaker design celebrates 50 Years of 911 Turbo as well as the upcoming opening of the Porsche Experience Centre Toronto

Porsche and Puma present a limited sneaker line with Canada-exclusive design

Atlanta, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS), headquartered in Atlanta, Georgia has issued auto lease Asset Backed Securities (ABS) in the USA with a principal amount of $850 million dollars. This follows two successful auto loan ABS issuances by PFS in 2023.

Porsche Financial Services, Inc. returns to the U.S. ABS market with Prime Auto Lease Transaction

Porsche AG (ETR:P911) has joined a group of creditors putting together a rescue package for ailing battery maker Varta. Under the deal, Varta's debt will be cut from €485 million to €200 million, the company said.

Porsche bales out ailing battery maker Varta

Timo Resch is basking in the sun. That's literally true, as we spoke on a gloriously clear California day at the Quail, one of Monterey Car Week's most prestigious events.

Why Porsche NA CEO Timo Resch is betting on ‘choice' to survive the turbulent EV market

German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.

Porsche agrees to provide capital in Varta restructuring deal

“Edith: Volcano Ascent” charts the extraordinary and brutal adventures of a small team in search of a record “Edith: Volcano Ascent” charts the extraordinary and brutal adventures of a small team in search of a record

World premiere of film starring record breaking Porsche at Monterey Car Week

Porsche SE is in a position financially to consider further investments to diversify its portfolio, the holding group's finance chief said alongside first-half results on Tuesday.

Porsche SE eyes further investments in "attractive" market environment

Investor Porsche Automobil Holding SE said on Monday it agreed to take a stake in bus and train services provider Flix SE, spending a low double-digit million euro amount as part of a co-investment with private equity firm EQT.

Porsche Holding SE takes stake in bus services group Flix

An aluminum supplier flooding issue impacts the company. For this reason, Porsche AG reduced its year-end estimates. Here at the Lab, we are still positive thanks to customization, product MIX, and the company's net liquidity. Porsche AG has a young product portfolio, and Q2 earnings results showed a beat in operating profit. This supports our buy rating.

Porsche AG Confirms Its 2025 Potential

The Porsche Technology Apprenticeship Program sets the gold standard in automotive technical training. The Porsche Technology Apprenticeship Program sets the gold standard in automotive technical training.

Porsche celebrates 25 years of automotive technical training excellence

The Taycan also earned best-in-class in its segment for the second year in a row. The Taycan also earned best-in-class in its segment for the second year in a row.

Porsche named most appealing premium brand in J.D. Power 2024 APEAL study

Porsche said it was fighting to restore production volumes and to re-prioritise spending after supply chain snags, slow EV demand and a sales slump in China weighed on results in the first half.

Porsche bids to restore production, boost margins after weak first half

Porsche fell more than 5% Tuesday after luxury car maker slashed future sales and profit outlook, citing an unexpected aluminum alloy supply shortage.

Porsche slips 5% after lowering profit outlook over alloy shortage

Automotive and auto-adjacent shares took a hit on Tuesday after copping a knock-on effect from a Porsche AG (ETR:P911) profit warning. Porsche warned that supply shortages of certain aluminium alloys due to production facility floodings will cause a multibillion-euro hit to full-year revenues and narrower profit margins.

News for Porsche Automobil Holding SE Stock (POAHY)