Porsche took the top position as Europe’s most valuable automaker on Thursday, after overtaking former parent Volkswagen as the price of the sportscar maker’s newly-listed shares accelerated higher. Although Porsche …
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Volkswagen AG and its unit Porsche AG agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy information on 500,000 Porsche …
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Electric vehicle battery startup Group14 raised $400 million from a group of investors led by German automaker Porsche on Wednesday. Part of that money, which has increased Group14’s valuation to …
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Volkswagen‘s premium brands Audi and Porsche have taken the decision to join Formula 1, said Volkswagen CEO Herbert Diess on Monday. Diess added that Porsche’s preparations to join the highest …
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Luxury sports automaker Porsche AG is attracting significant demand for its Taycan model, causing wait times for the all-electric coupe to up to six months, CEO Oliver Blume said on …
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Porsche SE is facing a lawsuit in the United States over claims associated with the automaker’s diesel emissions scandal. The lawsuit targets Porsche SE and the former members of the …
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Porsche must pay 40 million euros over tax filings, say German prosecutors
by SpeedLuxby SpeedLuxGerman automaker Porsche must pay a fine of 40 million euros ($47 million) over the breach of duty associated with its tax filings, German prosecutors said on Wednesday. The automaker …
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Porsche and Rimac set up joint-venture involving Bugatti brand
by SpeedLuxby SpeedLuxPorsche on Monday said it agreed to establish a joint venture with Croatia’s Rimac Automobili that will include the Bugatti brand, confirming strategies mapped out earlier this year. To be …
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Luxury automaker Porsche is establishing a joint venture with Customcells for producing high-performance batteries that will significantly decrease charging times, the automaker said on Sunday. Customcells specializes in lithium-ion cells …
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Porsche, the luxury unit of Volkswagen, will recall 1,571 imported vehicles from China by next month, according to the country’s top quality watchdog. The recall is set to start from …
