News

Volkswagen's parent company Porsche SE has cut its annual profit target due to the difficult conditions at its core holdings, ...
Bentley and Porsche are part of the Volkswagen Group, so it’s fitting that both brands embraced color at Monterey Car Week.
The German billionaire family behind Porsche is launching a new fund focused on investing in defence as it seeks to cash in ...
Volkswagen's largest shareholder, holding firm Porsche SE , said on Wednesday that it planned to deepen its involvement in the defence sector, while reaffirming its core focus on cars and industrial ...
Porsche AG and Volkswagen AG’s owners are setting up a fund to make defense-industry investments, hoping to ride a surge in European military spending.Porsche Automobil Holding SE, the holding company ...
Porsche has long been Volkswagen's cash cow, contributing 50% of its pretax earnings. The sports car maker sold more than 300,000 new cars in the last business year.
Volkswagen and Porsche’s weird financial and corporate setup are getting a little too strange to get a grip on, the UAW isn’t happy about Hyundai and alleged child labor, and BMW and Amazon ...
For decades Porsche’s most famous racing cars would often be seen accompanied by Volkswagen support vehicles. These Renndienst, or “racing service” vans and trucks were built from T1 and T2 ...
Porsche is aiming for a 20 percent voting stake in VW, which could cost nearly $4 billion. Porsche says that it wants to ensure a solid supply link with VW, which supplies content for nearly a ...
Volkswagen preferred shares, the most widely traded, soared 9 percent Tuesday after the company said it had negotiated a “ framework agreement ” with Porsche Automobil Holding, the investment ...
Volkswagen’s supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, which will comprise 911 million shares in a nod to its most famous model, two sources ...
4.8 (1,297 reviews) 158 Merrick Rd, Amityville, NY 11701 Visit Legend Porsche Audi VW ... View all hours View 4 awards New (631) 456-4162 ...