Porsche Automobil Holding SE Stock News

TriEye, an Israeli provider of CMOS-based HD SWIR sensing solutions, raised $74m in funding. The round was co-led by Varana Capital and M&G Investments, with participation from Intel, Porsche, Samsung Ventures, Tawazun SDF, Deep Insight, Allied Group, and Discount Capital. The company intends to use the funds to commercialize its sensing technology that will assist autonomous and [] The post TriEye Raises $74M In Funding appeared first on FinSMEs .

McLaren Denies Being Bought By Audi Update (0800ET) : McLaren has issued a statement denying being bought by Aud i. In a statement, the brand said the story was "wholly inaccurate" , adding: "McLarens technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group . * * * Automotive magazine Autocar reports Audi has bought British racecar company The McLaren Group in a deal that would give the German manufacturer control over its supercar business and its Formula 1 team. The acquisition may suggest Audi, owned by Volkswagen Group Automotive, has future ambitions to enter F1. The change of ownership is excellent news for McLaren, who has been undergoing heavy financial pressures. Last year, it received refinancing up to a half-billion euros, and one of the latest developments, McLaren CEO Mike Flewitt, stepped down last month after eight years.

Intrepid explorers have recorded a treasure trove of classic cars at a country yard in England, with a Porsche 924, Aston Martin Lagonda, Jaguar MK1 and Triumph Vitesse among them.

Francisco Garcia Parames (Trades, Portfolio), manager of Cobas Asset Management, disclosed this week that his firm's top five trades during the third quarter included a boost to its holding in Interna

The "Halftime Report" traders give their top picks to watch for the second half.

Porsche says that less than two years after it introduced the all-electric Taycan, sales of the care are on par with Porsche's marquee 911 model. Kjell Gruner, president and CEO of PorscheCars North A

Luxury sports car maker Porsche AG is attracting huge demand for its Taycan model, causing wait times for the all-electric coupe to stretch to six months, CEO Oliver Blume said on Monday.

The Chinese EV maker NIO has invested in Lotus, which is controlled by Geely. It appears even high-end sports cars will eventually go electric.

The "Halftime Report" traders give their top picks to watch for the second half.

The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems.

Volkswagen's luxury sportscar unit Porsche AG on Monday said it agreed to form a joint venture (JV) with Croatia's Rimac Automobili that will include VW's Bugatti brand, confirming plans mapped out ea

Porsche says that less than two years after it introduced the all-electric Taycan, sales of the care are on par with Porsche's marquee 911 model. Kjell Gruner, president and CEO of PorscheCars North A

The "Halftime Report" traders give their top picks to watch for the second half.

The "Halftime Report" traders give their top picks to watch for the second half.

Porsche has always gone its own way when it comes to creating new vehicles. It is, after all, the company that continues to stick to the wacky idea that putting the weight of an engine in the rear of