Porsche | SpeedLux

Porsche becomes Europe’s most valuable automaker

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

Porsche3 years ago

Group14 raises $400 million from investors led by Porsche

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

Porsche3 years ago

Audi and Porsche have decided to enter Formula 1

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

European4 years ago

Porsche and Rimac set up joint-venture involving Bugatti brand

Porsche 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

Porsche4 years ago

Porsche to establish joint venture with battery maker Customcells

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

Porsche4 years ago

KBA investigates Porsche over fuel consumption data

Germany’s car authority KBA has started an investigation against Porsche, suspecting incorrect fuel consumption data for gasoline-powered cars on Thursday. The automaker said it had made a voluntary notification to

Porsche4 years ago

Porsche may need to adjust production cuts over chip shortage

Volkswagen’s luxury sports car unit Porsche AG may need to adjust production to reflect the continued shortage of automotive chips, Handelsblatt reported. “We cannot rule out that we will reduce

Porsche5 years ago

Porsche starts investigation into suspected engine manipulation

German automaker Porsche AG has started an internal investigation into the suspected manipulation of petrol engines, German weekly Bild am Sonntag reported. Porsche has informed Germany’s automotive watchdog KBA, the

Porsche5 years ago

Porsche plans new plant in Slovakia, will generate 1,200 jobs

Volkswagen’s Porsche prepares to construct a new plant to make car bodies in Slovakia, where it may create up to 1,200 jobs, according to Slovak newspaper Dennik N on Friday.

Volkswagen5 years ago

Volkswagen to install Porsche’s CEO as Volkswagen brand chief

Volkswagen CEO Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor und Sport stated on

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