All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The ...
Wolfsburg, 20 October 2009 - Volkswagen Aktiengesellschaft will take a 49.9 percent stake in Porsche AG in a first step towards an integrated automotive group with Porsche. This was agreed between ...
Porsche Automobil Holding SE's core investments in Volkswagen and Porsche AG are underperforming due to declining EV demand and economic uncertainty, making it a risky investment currently.
Porsche SE, a top shareholder of Volkswagen, has announced assuming a negative non-cash impairment from €7bn ($7.4bn) to up to €20bn ($21bn) on its stake in the leading European car manufacturer.