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
Traton, a truck manufacturer, has shown impressive performance, with a 5% YoY growth in industrial revenues and a strong market presence in South America. Despite challenges in 2024, Traton's strategi

Rivian Q4 Earnings Preview: What's At Stake

07:18am, Wednesday, 19'th Feb 2025
Rivian's Q4 earnings report is critical, with a DOE loan and Volkswagen investments at risk depending on Gross Profit results, and with only 18 months of cash runway remaining. RIVN exceeded Q4 delive
Stock Market SymbolsGIB.A (TSX) GIB (NYSE) cgi.com/newsroom Partners initiate development unit for Volkswagen Group-wide digitalization projects Goal is fast and efficient software development for new
German carmaker Volkswagen has issued internal targets to improve the profit margin for sales from its VW car business to 6.5%, up from about 2% previously reported, news website Business Insider said
German carmakers Volkswagen and Audi are considering allowing some combustion engine models to run longer in Europe, the Handelsblatt business news outlet reported on Thursday citing sources.
German carmaker Porsche AG wants to cut around 1,900 positions by 2029, the DPA news agency reported on Thursday.
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
India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting concerns that lengthy investigations and litigation could sour the plans of
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'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
Porsche stock price has imploded, and moved to a record low as the company goes through one of its worst crises in decades. It slumped to an all-time low of €55.56, down by over 55% from its all-tim
Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 workers if the EU does not lower its tariff on the brand's China-made elec
Porsche AG shares fell 7% in early Friday trade after the luxury carmaker forecast a preliminary profit margin of 10%-12% for 2025, far below expectations, as it struggles to boost flagging sales and
Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries will impact its operating profit and automotive net cash flow for up to 800 million eur
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