Porsche SE said it expects to take a multibillion-dollar write down on the value of its investment in Volkswagen, citing various challenges facing the automaker. The company, which is controlled ...
In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...
Volkswagen faces rising costs, tough competition from Asia, and a tense dispute with unions over plant closures and wage cuts. Credit: josefkubes/Shutterstock. Porsche SE, a top shareholder of ...
Porsche SE holds a 31.9% equity share and 53.3% of the voting rights in Volkswagen. Investing.com -- Porsche Automobil Holding SE (ETR:PSHG_p) said on Friday that it was withdrawing its earnings ...
BERLIN (Reuters) -Top Volkswagen shareholder Porsche SE expects to write down 7 billion to 20 billion euros ($20.98 billion) on its investment, it said on Friday, in the latest sign of how VW's ...
Porsche Automobil Holding's (POAHY) core investments in Volkswagen and Porsche AG are underperforming. See why I recommend ...
After days of negotiations which looked like they had reached a stalemate, German workers union IG Metall has reached a deal to avoid Volkswagen plant closures as well as redundancies and wage cuts.
Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target ...
control of the company is held by Porsche SE (Porsche\Piëch family investment company) and Volkswagen as holders of 100% of the ordinary shares in the company. Meanwhile, 24.2% of Porsche’s AG ...
Luxury and energy sectors weaken European shares; French stocks fall 0.7% December 16, 2024 Porsche SE, Volkswagen's top shareholder, on Friday warned it may write down the value of its stake in ...