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Kuehne Und Nagel To Organise Offshore Project Logistics For Pilot Phase Of Haru Oni Project In Chile
Porsche To Open First Factory Outside Europe Next Year- FT
Volkswagen And Porsche Continue Partnership With RB Leipzig
Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and production process through to vehicle- and mobility-related services. The Company operates one wholly owned subsidiary, Porsche Beteiligung GmbH, and one majority owned subsidiary, Volkswagen AG.
Auto & Truck Manufacturers
Chairman of the Supervisory Board
Hans Dieter Poetsch
Chairman of the Executive Board, Chief Financial Officer
Hans Michel Pieech
Vice Chairman of the Supervisory Board
Member of the Executive Board, Legal Affairs and Compliance
Member of the Executive Board, Investment management
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Private equity company Bridgepoint Group has agreed to buy a majority stake in traffic and transport software maker PTV Group from parent Porsche SE for an undisclosed sum.
Porsche SE, Volkswagen's largest shareholder, is facing a lawsuit in the United States over claims related to the carmaker's diesel emissions scandal.
The U.S. International Trade Commission (ITC) said on Monday it is opening in investigation into whether German automaker Volkswagen AG infringed on patents held by Jaguar Land Rover for a system used for off-road driving.
Former endurance racing champions Porsche are set to make a comeback in the FIA World Endurance Championship (WEC) and the North American IMSA SportsCar Championship in 2023, the German marque has announced.
Alexander Hitzinger, a 49-year-old engineer who defected to Apple after helping to develop Porsche's winning 919 racecar, has been lured back to Volkswagen Group for perhaps his biggest challenge yet - building an electric car to take on Tesla.
Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus pandemic, the company's chief executive said.
Prosecutors in Stuttgart, Germany, have dropped a market manipulation probe against Volkswagen's chairman in exchange for a 1.5 million euros payment, parent company Porsche Automobil Holding SE said on Thursday.
Volkswagen's Porsche <PSHG_p.DE> plans building a new plant to make car bodies in Slovakia, where it may create up to 1,200 jobs, Slovak newspaper Dennik N reported on Friday.
The Turkish Competition Board said on Wednesday that it launched an investigation into German carmakers Audi, Porsche, Volkswagen, Mercedes-Benz and BMW to determine whether they violated competition law.
Volkswagen <VOWG_p.DE> Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the VW brand as part of a broader management reshuffle, Auto Motor und Sport said on Tuesday citing company sources.
* FY GROUP PROFIT AFTER TAXES INCREASES BY 26.3 PERCENT TO EUR 4.4 BILLION
* PORSCHE SE - PROPOSE TO INCREASE THE DIVIDEND FOR THE FISCAL YEAR 2019 BY 41 PERCENT TO 3.11 EURO (PRIOR YEAR: 2.21 EURO) PER PREFERENCE SHARE
German prosecutors searched sports carmaker Porsche's offices on Wednesday as part of an ongoing probe into a diesel emissions scandal, German weekly Der Spiegel reported on Friday.
* ABB, AN INDUSTRIAL TECHNOLOGY LEADER, AND AUTOMOBILE MANUFACTURER PORSCHE ARE ANNOUNCING A NEW AND EXCLUSIVE PARTNERSHIP TO JOINTLY PROMOTE E-MOBILITY Further company coverage: (Reporting by Berlin Speed Desk)
Porsche has taken down payments from 30,000 customers in Europe for its Taycan, the luxury car maker's first fully electric model, CEO Oliver Blume told Germany's Handelsblatt newspaper.
Volkswagen <VOWG_p.DE> lowered its full-year sales outlook on Wednesday, warning of slowing demand even as nine-month adjusted operating profit jumped 11.2% on increased demand for SUVs as well as Skoda and Porsche cars.
Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures and previous investors.
U.S. planemaker Boeing Co said on Thursday it was working with Volkswagen's <VOWG_p.DE> sports car brand, Porsche, to develop a concept electric flying vehicle capable of transporting people in urban settings.
Volkswagen's <VOWG_p.DE> supervisory board and workers on Wednesday gave their backing to the carmaker's top managers a day after German prosecutors pressed charges related to the diesel emissions scandal.
Volkswagen <VOWG_p.DE> and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.
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