Porsche is experiencing a good amount of interest from Tesla owners for its new all-electric Taycan sports car, the head of the automaker’s North American operations stated. Klaus Zellmer, president, and CEO …
Porsche
German prosecutors imposed a 535 million euro ($598 million) fine on Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which made it possible for the …
- PorscheVolkswagen
Court rejects second investor group action against VW and Porsche
by David Bondby David BondA German court on Wednesday stated it won’t permit a second investor group action against Volkswagen and Porsche, for allegedly failing to tell investors about the Diesel scandal in 2015. …
Porsche SE, the holding company controlling Germany’s Volkswagen, on Tuesday stated it raised its voting rights share in the automaker to 53.1 percent from 52.2 percent. “We continue to believe …
- Porsche
Porsche is cooperating with state prosecutors into tax investigation issues
by David Bondby David BondVolkswagen’s Porsche unit on Sunday stated it was working with state prosecutors to clear up investigations into alleged tax debts associated with early retirees and taxable advantages enjoyed by former …
- LuxuryPorsche
Seinfeld sues car dealer over allegedly fake $1.54 million Porsche
by David Bondby David BondAmerican comedian and actor Jerry Seinfeld has filed a lawsuit against a classic car dealer accusing that it sold him a Porsche with a fake backstory that he was alleged …
Porsche is a brand associated with it’s sleek, compact yet powerful sports cars, but their models haven’t changed much in the in intervening years. That’s what makes the new 2020 …
Volkswagen’s Porsche unit stated on Thursday it told German officials of potential issues with its emissions data, after a report in Germany’s Der Spiegel that the figures for its 911 …
Volkswagen‘s Porsche brand does not require a stock market listing to fund growth, Chief Executive Oliver Blume stated, adding he is sure the maker of the iconic 911 sportscar can …
Volkswagen’s Porsche is going to stop offering diesel versions of its vehicles, the unit stated on Sunday, refining its focus on hybrid and battery-powered vehicles instead. Volkswagen has confessed that …

