Porsche SE, the Porsche-Piëch family’s holding company said on Wednesday that it was seeking “other investors and strong partners” to invest in defence start-ups alongside it, in a bid to tap into ...

Volkswagen's largest shareholder, holding firm Porsche SE , said on Wednesday that it planned to deepen its involvement in the defence sector, while reaffirming its core focus on cars and industrial ...

The German billionaire family behind Porsche is launching a new fund focused on investing in defence as it seeks to cash in ...

Porsche AG and Volkswagen AG’s owners are setting up a fund to make defense-industry investments, hoping to ride a surge in European military spending.Porsche Automobil Holding SE, the holding company ...

Porsche has long been Volkswagen's cash cow, contributing 50% of its pretax earnings. The sports car maker sold more than 300,000 new cars in the last business year.

Holding company Porsche, Volkswagen's largest shareholder, has today cut its full-year profit forecast, weighed down by the German automaker's weak first-half performance, while reiterating its plans ...

It would strengthen our ability to further execute our strategy.” Reuters reports Volkswagen is expecting a valuation for Porsche between $60-$85 billion post IPO.

Volkswagen will retain 75 percent ownership of Porsche, but the voting shares will give its heirs a blocking minority, granting them greater control over the company and its board going forward.

VW’s Porsche IPO should be a corporate finance victory lap. By spinning off the brand, the German carmaker could be worth 90 billion euros, giving its parent a chunky cash windfall.

It created Porsche SE as a holding for that purpose in 2007 and started buying Volkswagen Group shares. In 2009, the international financial crisis left Porsche SE with €10 billion in debt.

Subaru Impreza Type Euro is a Porsche-designed take on the classic Bugeye Impreza that virtually nobody knows about.

VW added that existing industrial cooperation between Volkswagen and Porsche would be “comprehensively continued.” Originally Published: September 19, 2022 at 5:34 PM EDT ...