52 Week Range
As of on the XETRA ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Porsche 9-Mth Group Earnings After Taxes At EUR 437 Mln
Covestro Collaborates With Circularise, Porsche, Borealis And Domo Chemicals
Porsche H1 Consolidated Loss After Taxes At EUR 329 Million
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
Philipp Alexander Edward von Hagen
Member of the Executive Board, Investment management
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Total Debt To Equity (MRQ)
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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.
Volkswagen 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.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Volkswagen Group <VOWG_p.DE> shares rose 2% after the carmaker posted a 30% rise in second-quarter operating profit despite a drop in vehicle sales as rising demand for sports utility vehicles and premium brands boosted margins.
The following are some of the factors that may move German stocks on Wednesday:
Volkswagen's sports-car brand Porsche has to recall almost 340,000 Cayenne and Panamera vehicles due to problems with their automatic transmission, the German company said on Tuesday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.