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At Close: Jun 03, 2026
Porsche AG records robust results in a challenging environment
06:58am, Wednesday, 12'th Mar 2025
Stuttgart. Porsche AG ended the 2024 financial year with a robust result in a challenging environment. The sports car manufacturer marked record sales in four out of five regions of the world, as wel
Porsche shares in reverse gear after luxury carmaker cuts targets (again)
04:06am, Wednesday, 12'th Mar 2025
Porsche AG (ETR:P911) shares hit reverse gear, falling 1.5% in early trading, after the luxury carmaker slashed another profitability target. The German auto giant now expects a return on sales of 15
Porsche Plans 3,900 Job Cuts in Efficiency Drive
04:04am, Wednesday, 12'th Mar 2025
The company warned investments and costs of reshaping will hit earnings this year and expects markets to remain challenging.
Porsche's net profit slashed by a third in 2024, keeps dividend stable
02:33am, Wednesday, 12'th Mar 2025
Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in net profit, according to Reuters calculations, as the luxury carmaker battles high cos
Porsche SE expects $21.7 bln loss after tax on Volkswagen stake impairment
01:59pm, Friday, 07'th Mar 2025
Porsche SE , Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Eu
Porsche and Volkswagen CEO to keep dual role until restructuring complete, WirtschaftsWoche reports
03:17am, Friday, 07'th Mar 2025
Volkswagen and Porsche CEO Oliver Blume said his dual role at the helm of both companies was not meant to last forever but was necessary to complete the restructuring underway at the brand and wider g
Is Porsche stock a buy in 2025?
08:46am, Monday, 03'rd Mar 2025
Porsche is one of the biggest automotive companies in the world by market capitalization. Interestingly enough, the luxury carmaker only had its initial public offering (IPO) back in late 2022.
Porsche names new CFO and sales chief in bid to revive performance
04:09am, Wednesday, 26'th Feb 2025
Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and a weak share price.
Porsche Experience Centers welcome the new Macan Electric to the track
09:12am, Monday, 24'th Feb 2025
Three different Drive programs offer customers a new way to experience Porsche Three different Drive programs offer customers a new way to experience Porsche
Bidding opens for Porsche and RM Sotheby's 911 S/T auction in support of the American Red Cross disaster relief
09:15am, Wednesday, 19'th Feb 2025
The auction supported by Andreas Preuninger and Porsche-enthusiast Orlando Bloom runs until February 20th and includes a limited-edition 911 S/T Porsche Design timepiece The auction supported by Andre
Porsche aims to cut around 1,900 jobs by 2029, reports DPA
08:49am, Thursday, 13'th Feb 2025
German carmaker Porsche AG wants to cut around 1,900 positions by 2029, the DPA news agency reported on Thursday.
Porsche and RM Sotheby's to auction rare 911 S/T to support the American Red Cross
03:44pm, Wednesday, 12'th Feb 2025
The auction also includes a limited-edition 911 S/T Porsche Design timepiece and an exclusive owner's manual pouch personally signed and dedicated to the winner by Andreas Preuninger The auction also
Struggling Europe automakers have no choice but to 'take the situation as it is': Analyst
11:40am, Tuesday, 11'th Feb 2025
Horst Schneider of BofA Global Research discusses the struggles faced by Europe's auto sector due to the increasing Chinese competitiveness, made worse by potential Trump tariffs. Meanwhile he highlig
Porsche AG: Longer Path To Profitability (Rating Downgrade)
05:05am, Tuesday, 11'th Feb 2025
Porsche AG's profitability is expected to decline with new expenses reducing profit margins to 10-12% in 2025, with recovery not anticipated until 2027/28. Management changes, including the departure
The Tesla Model S Was My Dream Car, But These 20 Factors Changed My Mind
08:30am, Monday, 10'th Feb 2025
Since the Tesla Model S was released, it has wowed worldwide with its giant touchscreen, fast performance, self-driving, and oh-so-much storage (the frunk!). The reality is that owning a Tesla has gon
