Porsche's net cash flow margin in its mainstay automotive segment is expected to increase this year to between 5.5% and 7.5%, up from previous guidance of 3% to 5%.
Porsche said on Wednesday it had completed the sale of its stakes in Bugatti Rimac and Rimac Group after receiving regulatory approvals, finalising its exit from the Croatian electric hypercar maker and related businesses.
NEW YORK--(BUSINESS WIRE)--HOF Capital today announced the completion of its acquisition of Porsche's equity interests in Bugatti Rimac and Rimac Group through an HOF-led consortium. The transaction, first announced in April 2026, closed following the satisfaction of all conditions, including regulatory clearances. Porsche's combined interests were valued at approximately €1 billion. HOF Capita...
Porsche signed a five-year deal worth $1.5 billion with Indian IT services giant TCS. TCS will establish a specialized hub to oversee AI deployment at Porsche.
India's top IT services firm, TCS , said on Monday it would acquire Porsche's IT division MHP for an enterprise value of €320 million ($373.25 million).
The luxury sports-car maker plans to invest in new gas-powered and hybrid models, targeting profitability over volume, and reducing the number of model variants.
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