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Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.
Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker mor

Porsche reports 4% fall in Q1 deliveries

05:07am, Wednesday, 10'th Apr 2024
Stuttgart-based sportscar maker Porsche delivered 4% fewer vehicles globally in the first quarter of 2024 compared to 2023, it said on Wednesday, citing a challenging market in China and customs-relat
Here is how Porsche Automobil Holding SE Unsponsored ADR (POAHY) and Toyota Motor Corporation (TM) have performed compared to their sector so far this year.
A previous version of this report made an incorrect reference to Porsche Automobil Holding SE. The story has been corrected.
Porsche Chief Financial Officer Lutz Meschke speaks to CNBC's Annette Weisbach at the carmaker's facility in Leipzig, Germany.
Porsche will not take part in a fierce discount battle in the weakened Chinese market, and is instead sticking to its principle of maintaining premium prices even if it costs the luxury carmaker marke
Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.
German luxury carmaker Porsche expects profitability to tick downwards in 2024 as it focuses on launching four new models, the company said on Tuesday, posting full-year results largely in line with e
Porsce unveiled its most powerful, speedy luxury car to date on Monday: the electric Taycan Turbo GT, which takes just 2.1 seconds to reach 60 miles per hour.
Porsche AG shares have retreated below their IPO price from September 2022. The market is concerned about weak 2023 sales in China and a cautious 2024 outlook. Porsche increased deliveries in 2023 by
Porsche unveils the long-delayed electric Macan at an event in Singapore. The model that starts at €84,100 ($91,593) will test appetite for luxury EVs as consumers grapple with higher borrowing cost

Porsche rolls out its first all-electric SUV

10:22am, Thursday, 25'th Jan 2024
Porsche on Wednesday rolled out the electric version of its Macan sport utility vehicle, coming at a time when Tesla and other EV makers are encountering flagging demand.
Porsche AG (ETR:P911) will likely report full-year earnings at the lower-end of expectations after production bottlenecks hit deliveries of its Cayenne model, analysts say. Revenue should sit at €41
Luxury carmaker Porsche increased its deliveries by 3% in 2023, with 320,221 vehicles delivered worldwide, as growth in Europe and North America offset a challenging market in China, the company said
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