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
Xiaomi, a Chinese smartphone maker, has unveiled its first electric vehicle (EV) and plans to become a top five global automaker, intending to build a “dream car” comparable to Porsche AG (ETR:P91
Pronounced "Sue Qi" in Mandarin, the Xiaomi SU7 beats Porsche's Taycan and Tesla's Model S on acceleration and other metrics, Xiaomi CEO Lei Jun said.
The Volkswagen Group is the latest automaker to announce it will adopt Tesla's so-called North American Charging Standard (NACS), marking one of the last major automakers to embrace what is now the de
Ferrari NV (BIT: RACE) has rallied close to 70% in 2023 but an HSBC analyst is convinced that it's as far as the stock goes for now. Ferrari stock receives a downgrade Michael Tyndall downgraded the l
One small IPO priced this week, along with one SPAC that began trading. Three IPOs and four SPACs joined the pipeline. Offshore transport services provider Hornbeck Offshore Services filed to raise $1
The Tesla Inc (NASDAQ:TSLA) Cybertruck has finally arrived, at least for 10 customers at the company's launch event Thursday.  CEO Elon Musk unveiled the long-awaited vehicle with a series of testi

Porsche Holding SE: Cheap For Good Reasons

06:01pm, Monday, 13'th Nov 2023
Due to the NAV discount, Porsche Holding SE has been a well-known value investment for a while. While at first sight it looks compelling, a rational analysis reveals a lot of risks. Ultimately the NAV
Porsche SE said on Monday that net liquidity had improved to a deficit of 5.8 billion euros ($6.20 billion) as of the end of September from minus 6.7 billion euros at the start of 2023, helped by tax
Porsche reported solid earnings despite slowing global growth in the luxury market, driven by higher deliveries. Porsche saw sales grow by 12.6% to 30.13 billion in the first nine months, while operat
Porsche will integrate Google Maps, Google Assistance and other apps from Google Play into its future cars, it said on Monday.
Volkswagen's software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just three years after VW created Cariad, and only six mon
CNBC's Robert Frank reports on spending pull backs from the luxury consumer and what it could be signaling for the economy at large.

Luxury brands see impacts of global slowdown

12:16pm, Wednesday, 25'th Oct 2023
CNBC's Robert Frank reports on the future of the luxury consumer.
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