Porsche Financial News

30.07 / 12:27

CEO Volkswagen Platform Porsche Audi exclusive Lamborghini to unleash its first-ever electric 2+2 Grand Tourer in 2028: Report

electric vehicle (EV). However, specific details regarding the forthcoming pure electric grand tourer have not been disclosed by the brand. According to Lamborghini CEO Stephen Winkelmann, the company's first-ever pure electric car will feature a higher ground clearance compared to their traditional sports cars, reported HT Auto.

26.07 / 08:55

COST UPS Target Progressive Porsche Threat Porsche's EV sales target under threat from supply chain snags

By Victoria Waldersee

26.07 / 08:21

Reuters Aviat Manufacturing Action Porsche Porsche's legendary 911 to remain the last combustion model in the lineup: Report

electric vehicles, aiming for them to constitute 80% of sales by 2030. According to a report by Reuters, the Porsche iconic 911 model will be the sole internal-combustion engine model left, as per a top executive's statement. Environmentalists and industry observers closely monitor Porsche's actions due to its investments in e-fuels and advocacy for the EU to permit sales of such vehicles post-2035.

24.07 / 23:15

Siemens Porsche Mercedes-Benz Samsung BASF Panasonic UK battery startup Nexeon to supply Panasonic with advanced material

By Paul Lienert

24.07 / 05:23

UPS Racing Software Tesla Porsche BMW Tesla is lapping Germany’s automakers in the global EV race

Tesla delivered 889,015 cars in the first half of this year, more electric vehicles than Volkswagen AG, BMW AG, Mercedes-Benz Group AG and Porsche AG sold combined. The Germans are struggling as software issues delay key models and contribute to waning sales in China, their biggest market, where Tesla and local champion BYD Co. have raced ahead.

20.07 / 11:03

Manufacturing CEO Strategy Mobile Align Porsche Highways Game-Changing Partnership: Eve Air Mobility and Embraer Announce Brazil’s First eVTOL Production Facility

Eve Air Mobility and Embraer have joined forces to announce an exciting milestone in the field of electric vertical take-off and landing aircraft (eVTOL). They revealed that the first eVTOL production facility will be established in Taubaté, São Paulo, Brazil, pending final authorities’ approval. This strategic location, situated within Embraer’s existing unit, will undergo expansion to accommodate the new manufacturing plant.

19.07 / 05:19

Provident Porsche Matrix Features 2023 Porsche Cayenne, Cayenne Coupe launched in India with updated design! Details on price, features, more

Indian market. Starting at ₹1.36 crore and ₹1.41 crore respectively (ex-showroom, India), the new Cayenne SUV and Cayenne Coupe offer refreshed features and enhancements. These models were launched globally earlier this year, and interested buyers in India have had the opportunity to place their orders since April. The deliveries are set to begin shortly.

11.07 / 01:15

UPS Fraud Porsche Patrick Bitcoin Brazilian Police to Auction Assets Seized from Suspected Crypto Fraudsters

Police in Brazil have announced plans to auction off assets seized from Trust Investing, a suspected crypto-themed financial pyramid operator.

08.07 / 08:31

UPS Porsche AirPods ‘It’s Kind of Kinky’: Why Flaunting Your Keys Is a Hot Menswear Trend

THIS SUMMER, the hottest men’s accessory might be a front-door key. Or a car fob, an AirPods case or anything else you can hang from a key chain. Stylish urbanites are announcing themselves with a jangle—clipping key rings plus all the trimmings to belt loops, caretaker-style.

10.05 / 13:47

Blockchain ETH Digital Porsche Reddit Nike Why Web2 companies fail in Web3 while others made it

The emergence of Web3 — the next generation of the internet — has led to tremendous growth and profits for creators. This has garnered the interest of several established Web2 companies to join the burgeoning ecosystem.

25.04 / 14:11

COST BTC Platform Porsche Bitcoin Can You Buy a Lamborghini With Bitcoin? How to Buy Lamborghinis With Crypto

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

25.01 / 17:23

ETH Twitter Cooper NFT Porsche Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong?

Despite its ambitious plans to venture into the non-fungible token (NFT) market, German luxury car brand Porsche has managed to sell only about 25% of its first collection of 7,500 tokens. In just over 24 hours, some 1,909 of the NFTs had sold for ETH 0.911 per unit, or about $1,414 as of 2 p.m. UTC today.

29.09 / 14:09

IPO Porsche IPOs Porsche IPOs with €75bn market cap, Germany’s largest in decades

Shares in luxury vehicle maker Porsche edged higher in its first day of trade on 29 September, after pricing at the top end of the range.

16.09 / 16:27

IPO Porsche Hedge fund Millennium’s €126m Porsche short signals bearish bet on IPO

Ahead of Volkswagen’s IPO of Porsche AG in a few weeks, hedge fund Millennium International Management has built a large short position in Porsche SE.

01.02 / 16:45

Pool Porsche Bankers ‘not feeling the love’ from biggest bonuses since the pre-crisis halcyon era

The boom in dealmaking has pushed bonuses to their highest levels since 2007, a time before the financial crisis when chunky cash payments had sellers of Maseratis, Porsches and luxury real estate rubbing their hands with glee.

31.01 / 11:11

Pool Porsche Bankers ‘not feeling the love’ from biggest bonuses since the pre-crisis halcyon era

27.01 / 19:31

Porsche NOT DWS boss ‘will not be intimidated’ by furore over Porsche purchase, ESG claims

Asoka Wöhrmann, the chief executive of listed German asset manager DWS, said he will “not be intimidated” by allegations made against the firm over its ESG credentials and denied any wrongdoing after reports that he attempted to buy a €160,000 Porsche during his time at Deutsche Bank.

27.01 / 14:17

Porsche NOT DWS boss: ‘I will not be intimidated over ESG allegations’

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