Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
Chinese buyers said to be interested in unwanted German Volkswagen factories
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at ...
Porsche Automobil Holding: The Automotive Industry May See Further Hurdles
Porsche Automobil Holding's (POAHY) core investments in Volkswagen and Porsche AG are underperforming. See why I recommend ...
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Porsche downgraded to Sell from Buy at Goldman Sachs
Goldman Sachs analyst George Galliers double downgraded Porsche (POAHY) to Sell from Buy with a price target of EUR 35, down from EUR 55. The firm says the company’s leverage, potential risk to VW’s ...
Porsche's 2024 China sales fall by 28%
German luxury sports car manufacturer Porsche AG announced a significant 28 decline in 2024 sales in China with the company ...
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28% drop in Porsche's 2024 China sales
German luxury sports car manufacturer Porsche AG announced a significant 28 decline in 2024 sales in China, with the company ...