The German luxury car maker Porsche said on Wednesday that has paid down nearly half its mountain of debt but that it expects to suffer a net loss in its current fiscal year. Porsche turned a profit in the first six months ...
German sports car maker says 6-month profit down 83 percent on costs of Volkswagen merger A dip in sales and costs from its failed attempt to take over Volkswagen pushed sports car maker Porsche's six-month net profit down by 83 percent. The ...
Porsche February sales rise by less than 1 percent as storms hurt sales in Northeast Porsche AG said Tuesday that its U.S. sales rose by less than 1 percent in February as winter storms hurt sales in key markets in the Northeast ...
<div id="subtitle">Porsche Aug-Nov sales down 9.7 percent to euro2.2 billion as global demand wanes</div><div><p>Luxury sports car maker Porsche SE said Thursday that sales in the first four months of its fiscal year slid nearly 10 percent as the global economic downturn pinched ...
<div><p>Volkswagen is mulling a takeover of the automotive business of luxury sports car maker Porsche, which would add a new twist in the German industrial saga, press reports said on Thursday.</p><p>Directors of VW, the biggest European car maker, are considering making a ...
<div><p>Volkswagen is mulling a takeover of the automotive business of luxury sports car maker Porsche, which would add a new twist in the German industrial saga, press reports said on Thursday.</p><p>Directors of VW, the biggest European car maker, are considering making a ...
<div><p>Shares in Porsche, the German sports car maker, plunged in midday trading Wednesday after it published record results for its 2007-2008 fiscal year but issued a cautious outlook.</p><p>Stock in Porsche lost 9.35 percent to 68.71 euros on the Frankfurt stock exchange, even ...
<div><p>German sportscar maker Porsche said Sunday that it now controls 74.1 percent in Volkswagen, Europe's biggest automaker, via a 42.6 percent direct equity stake and options giving it another 31.5 percent.</p><p>Porsche said that it still aims to increase its direct equity stake ...
<div><p>Porsche, the German sports carmaker, is poised to seize full control of Volkswagen after taking its holding in Europe's biggest motor manufacturer close to 75%.</p><p>Stuttgart-based Porsche said yesterday it had raised its direct stake in VW this month from 35.2% to 42.6% ...
<div><p>Volkswagen shares leapt by 89.20 percent to 398.93 euros in morning trading on the Frankfurt stock exchange on Monday after Porsche said it had greatly increased its stake in the biggest European car maker.</p><p>The DAX index of leading shares had plunged by ...
