HSBC upgraded Porsche (POAHY) to Hold from Reduce with a price target of EUR 35, up from EUR 25.Maximize Your Portfolio with Data Driven ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Porsche has warned its profits will be hit this year as the sports-car maker ploughs €800mn into ...
Porsche's Holding Firm Expects Impairments to Double on Luxury Carmaker Stake By Urvi Dugar (Reuters) -Porsche SE, the holding firm of Porsche AG, said on Thursday it expects impairments on its ...
BERLIN (Reuters) - Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new ...
Porsche R&D boss Michael Steiner should have known better. Once bitten, twice shy. It’s not long ago that he was set back by about 18 months when Varta, the battery supplier for the hybrid 911 ...
A Porsche 917 used for filming of “Le Mans” didn't sell at auction despite a $25 million bid The car is one of three 917s used for filming and the example owned by Steve McQueen The car's ...
Porsche will need to be as careful as they are clever to build something that elicits the same driving feel, handling, and spirit as the outgoing model. Accomplishing that without the glorious ...
However, the GT40 didn't come close to the high bid recorded by Jerry Seinfeld's 1969 Porsche 917K. The race car rolled off the stage with a "bid goes on" status at a whopping $25 million.
Last year, Porsche AG sales were lower than in 2023 by three percent – the total was almost 311k vehicles. Naturally, the company tried to sugarcoat the negative performance. The positive ...
The Porsche Macan EV was supposed to mark the next step forward for the brand’s sporty compact SUV, but it appears the company isn’t ready to let go of internal combustion in the vehicle just yet.
The iconic 1969 Porsche 917K star car formerly owned by Steve McQueen will remain under the ownership of one Jerry Seinfeld, after the comedian turned down a $25 million bid during Mecum Auctions ...
According to the CEO, the Blue Oval’s target is to become the “Porsche of off-road”. Off-roaders accounted for 20% of Ford’s global sales in 2024, proving their appeal. Ford CEO Jim Farley ...
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