Porsche Holding Vz. Stock News

Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's contracts early, the German luxury carmaker said in a statement late on Saturday, as it struggles to boost flagging earnings and weak sales in China.

German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by President Donald Trump, Handelsblatt reported on Wednesday.

Daytona Beach, Florida., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Porsche Penske Motorsport has clinched its second consecutive victory at the 24 Hours of Daytona.

Die US-Investmentbank Goldman Sachs hat Porsche SE DE000PAH0038 von "Buy" auf "Sell" abgestuft und das Kursziel von 55 auf 35 Euro gesenkt.

Atlanta., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Atlanta. Porsche Cars North America, Inc. (PCNA) today announced that 2024 retail deliveries in the United States totaled 76,167 vehicles – a new record – up one percent from the previous record set in 2023.

Brand deliveries exceed 10,000 units for the second consecutive year 10,374 deliveries for the year 718 Boxster and 911 model lines establish new sales record Best Porsche Approved Certified Pre-owned performance ever TORONTO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL), importer and distributor for the sports car manufacturer from Stuttgart, today reported sales of 10,374...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.

Porsche AG (ETR:P911) saw its sales in China drop by 28% in the year just ended as the country's faltering economy hit demand for luxury cars. Volkswagen-owned Porsche sold around 56,900 units in China in 2024 down from 78,300 a year earlier,  a performance which dragged group global sales overall down by 3% to 311,000 vehicles despite good demand elsewhere.