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Porsche

Family Slept While Armed Home Invaders Raided their Monmouth County Home, Stealing Their Porsche

December 12, 2024 by Phil Stilton
Family slept while armed home invaders raided their monmouth county home, stealing their porsche - photo licensed by shore news network.

WALL TOWNSHIP, N.J. — Police are investigating a home invasion on River Road early Wednesday morning in which three masked suspects broke into a residence, … Read more

Categories Breaking News, Monmouth County News, Police Blotter, Shore News

Essex County Juvenile Arrested for Carjacking Porsche in Cranford

February 22, 2024 by Charlie Dwyer
Police light

Cranford, NJ – The Cranford Police Department has charged a juvenile from Essex County with carjacking, concluding a six-month investigation into a violent motor vehicle … Read more

Categories Breaking News, New Jersey News, Police Blotter

Porsche increases 2023 deliveries despite China slump

January 12, 2024 by Reuters
Porsche increases 2023 deliveries despite china slump - photo licensed by shore news network.

BERLIN (Reuters) – Luxury carmaker Porsche increased its deliveries by 3% in 2023, with 320,221 vehicles delivered worldwide, as growth in Europe and North America … Read more

Categories In the News

Four Arrested in Stolen Porsche with Loaded Handguns

November 16, 2023 by Erica Schmidt
Four arrested in stolen porsche with loaded handguns - photo licensed by shore news network.

MONTGOMERY COUNTY, MD – The Montgomery County Department of Police – 1st District Station, has reported the arrest of four adult males found in possession … Read more

Categories Breaking News, Maryland News, Police Blotter

Porsche SE expects net liquidity at year-end in upper forecast range

November 13, 2023November 13, 2023 by Reuters
Porsche se expects net liquidity at year-end in upper forecast range - photo licensed by shore news network.

BERLIN (Reuters) – Porsche SE said on Monday that net liquidity had improved to a deficit of 5.8 billion euros ($6.20 billion) as of the … Read more

Categories In the News

Newark Car Thief Captured in Yonkers Police Sting in Stolen Porsche

November 1, 2023 by Adam Devine
Newark car thief captured in yonkers police sting in stolen porsche - photo licensed by shore news network.

YONKERS, NY – A stolen 2021 Porsche Macan, reported missing from Great Meadows, New Jersey, was successfully located and recovered in Yonkers earlier this week. … Read more

Categories Breaking News, New York News, Police Blotter

Man Killed While Driving Porsche Was Targeted Hit, Police Say

October 31, 2023 by Chris Quigley
Man killed while driving porsche was targeted hit, police say - photo licensed by shore news network.

ARNOLD, MARYLAND — Tragedy struck late last night when Anne Arundel County Police discovered Forrest Allen Ryan, a 38-year-old man from Chester, Maryland, fatally shot … Read more

Categories Breaking News, D.C. News, Police Blotter

Man Found Dead in Porsche Crash Had Gunshot Wound, Police Say

October 31, 2023 by Jeff Jones
Man found dead in porsche crash had gunshot wound, police say - photo licensed by shore news network.

ARNOLD, MD — On October 30, at around 10:10 p.m., Eastern District officers were dispatched to a vehicle collision at the intersection of Kimwood Road … Read more

Categories Breaking News, Maryland News, Police Blotter

Car Thief Swaps Stolen Hyundai for Porsche In Wall Township

October 22, 2023 by Charlie Dwyer
Car thief swaps stolen hyundai for porsche in wall township - photo licensed by shore news network.

WALL TOWNSHIP, NJ – A car thief driving in a stolen Hyundai traded his car for an upgrade overnight. Early this morning, he entered a … Read more

Categories Breaking News, Featured News, Monmouth County News, New Jersey News, Police Blotter

Porsche: deliveries up in every region but China in first 9 months of 2023

October 13, 2023October 13, 2023 by Reuters
Porsche: deliveries up in every region but china in first 9 months of 2023 - photo licensed by shore news network.

BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, reaching 242,722 … Read more

Categories Business News

Volkswagen’s family ownership not behind share price trough – Wolfgang Porsche

September 4, 2023September 4, 2023 by Reuters
Volkswagen's family ownership not behind share price trough - wolfgang porsche - photo licensed by shore news network.

By Jan Schwartz MUNICH (Reuters) – Volkswagen’s languishing share price, which is near a three-and-a-half year low, is not the result of ownership control by … Read more

Categories Business News

Teen Captured in Porsche Reported Stolen from Wawa

July 29, 2023 by Charlie Dwyer
Teen captured in porsche reported stolen from wawa - photo licensed by shore news network.

MANAHAWKIN, NJ – On Thursday, July 13, the Stafford Township Police Department received a report of a motor vehicle theft from the Wawa gas station … Read more

Categories Breaking News, New Jersey News, Police Blotter

Porsche CEO: There is no conflict between e-mobility and e-fuels

March 13, 2023 by Reuters
Porsche ceo: there is no conflict between e-mobility and e-fuels - photo licensed by shore news network.

WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there was no conflict between electrification and building out … Read more

Categories Business News

Five Chinese nationals busted for forgery, identity theft at New Jersey Porsche dealer

November 1, 2022 by Charlie Dwyer
Five chinese nationals busted for forgery, identity theft at new jersey porsche dealer - photo licensed by shore news network.

Four Chinese nationals and a woman tried to lease a Porsche from a Bergen County dealership using a stolen NYC driver’s license.  Yuxian Li, 32, … Read more

Categories Breaking News, Featured News, New Jersey News, North Jersey News, Police Blotter

Porsche shares fall below IPO pricing

October 3, 2022October 3, 2022 by Reuters
Porsche shares fall below ipo pricing - photo licensed by shore news network.

By Lucy Raitano LONDON (Reuters) – Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since … Read more

Categories US and World News

German court rejects investors’ damages claims against Porsche SE

September 30, 2022September 30, 2022 by Reuters
German court rejects investors' damages claims against porsche se - photo licensed by shore news network.

BERLIN (Reuters) -A German court on Friday rejected claims by investors for billions of euros in damages over a failed attempt by Porsche SE to … Read more

Categories US and World News

Factbox-The structure of the Porsche IPO

September 29, 2022 by Reuters
Factbox-the structure of the porsche ipo - photo licensed by shore news network.

FRANKFURT (Reuters) – Shares in sports car maker Porsche AG, maker of the iconic 911 model, started trading in Frankfurt on Thursday in what marks … Read more

Categories US and World News

The long, winding road to Volkswagen’s Porsche IPO

September 29, 2022September 29, 2022 by Reuters
The long, winding road to volkswagen's porsche ipo - photo licensed by shore news network.

FRANKFURT (Reuters) – Shares in Volkswagen’s sportscar brand Porsche started trading on Thursday in what marks Germany’s second-largest listing ever as well as a new … Read more

Categories US and World News

CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange

September 29, 2022September 29, 2022 by Reuters
Ceo blume hails 'historic moment' as porsche ag lists on frankfurt exchange - photo licensed by shore news network.

FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “historic moment” of the luxury … Read more

Categories US and World News

Porsche AG shares debut at 84 euros

September 29, 2022 by Reuters
Porsche ag shares debut at 84 euros - photo licensed by shore news network.

BERLIN (Reuters) – Porsche AG shares debuted at 84 euros ($81.15) on the stock market on Thursday in Germany’s biggest initial public offering (IPO) in … Read more

Categories US and World News

VW finance chief: “Today is a good day for Porsche and for Volkswagen”

September 29, 2022 by Reuters
Vw finance chief: "today is a good day for porsche and for volkswagen" - photo licensed by shore news network.

BERLIN (Reuters) – The listing of Porsche AG gives the luxury car maker more entrepreneurial autonomy to implement its strategy and Volkswagen more flexibility in … Read more

Categories US and World News

Porsche shares to be issued at 82.50 eur/shr

September 28, 2022 by Reuters
Porsche shares to be issued at 82. 50 eur/shr - photo licensed by shore news network.

FRANKFURT (Reuters) – Shares in Porsche AG will be issued at 82.50 euros per share, the top end of an initial range given earlier this … Read more

Categories US and World News

Porsche IPO books are closed ahead of listing on Thursday – bookrunners

September 28, 2022 by Reuters
Porsche ipo books are closed ahead of listing on thursday - bookrunners - photo licensed by shore news network.

FRANKFURT (Reuters) – The books for Volkswagen’s listing of Porsche AG are closed, a bookrunner said on Wednesday, in line with the previously announced schedule … Read more

Categories US and World News

Factbox-The structure of the planned Porsche IPO

September 19, 2022September 19, 2022 by Reuters
Factbox-the structure of the planned porsche ipo - photo licensed by shore news network.

FRANKFURT (Reuters) – Volkswagen late on Sunday unveiled the pricing for the planned initial public offering of Porsche AG, giving the luxury sportscar division a … Read more

Categories US and World News

Porsche wants to be ready for IPO as early as possible, exec tells Il Sole 24 Ore

September 10, 2022 by Reuters
Porsche wants to be ready for ipo as early as possible, exec tells il sole 24 ore - photo licensed by shore news network.

MILAN (Reuters) – Porsche AG wants to be ready for a planned stock market listing as early as possible, an executive at the luxury sportscar … Read more

Categories Financial News

Five Arrested After Fleeing Police in Stolen Porsche

September 10, 2022September 10, 2022 by Charlie Dwyer
Five arrested after fleeing police in stolen porsche - photo licensed by shore news network.

MONTVILLE TOWNSHIP, NJ – Five people have been arrested after fleeing police in a stolen Porsche at a high rate of speed. After disabling the vehicle, … Read more

Categories Breaking News, Police Blotter

Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson

September 7, 2022 by Reuters
Deutsche bank mandated to lead porsche ipo retail offering - spokesperson - photo licensed by shore news network.

By Emma-Victoria Farr FRANKFURT (Reuters) – Deutsche Bank has been mandated to run the retail offering of Porsche’s upcoming listing, a spokesperson for Deutsche Bank … Read more

Categories Financial News

Porsche Leads Police on Neighborhood Pursuit Traveling Over 90 MPH

September 6, 2022September 6, 2022 by Charlie Dwyer
Porsche leads police on neighborhood pursuit traveling over 90 mph - photo licensed by shore news network.

HOLMDEL, NJ – Police in Holmdel had to suspend the pursuit of a Porsche suspected in multiple burglaries and thefts in the area after the … Read more

Categories Breaking News, Monmouth County News, New Jersey News, Police Blotter

The long, winding road to Volkswagen’s Porsche IPO

September 5, 2022 by Reuters
The long, winding road to volkswagen's porsche ipo - photo licensed by shore news network.

FRANKFURT (Reuters) – Volkswagen announced its intention to float sportscar maker Porsche on Monday, marking a new phase in a sometimes fraught relationship between the … Read more

Categories Financial News

Porsche to appoint Sajjad Khan as board member for Car-IT

September 1, 2022 by Reuters
Porsche to appoint sajjad khan as board member for car-it - photo licensed by shore news network.

BERLIN (Reuters) – Luxury sportscar maker Porsche AG said on Thursday its supervisory board intends to appoint Sajjad Khan, a former chief technology officer at … Read more

Categories Financial News

Porsche expects to make as many electric Macans as combustion versions

August 21, 2022 by Reuters
Porsche expects to make as many electric macans as combustion versions - photo licensed by shore news network.

BERLIN (Reuters) – Volkswagen’s sportscar brand Porsche expects to produce as many units of its Macan model in the electric version as the original with … Read more

Categories Financial News

Porsche and Piech families seek driving seat at Volkswagen – sources

August 7, 2022 by Reuters
Porsche and piech families seek driving seat at volkswagen - sources - photo licensed by shore news network.

By Jan Schwartz HAMBURG – Volkswagen’s controlling shareholder families aim to keep Europe’s top carmaker on a shorter leash and want greater say over strategic … Read more

Categories Financial News

Porsche listing plans on track, Volkswagen CFO says

July 28, 2022 by Reuters
Porsche listing plans on track, volkswagen cfo says - photo licensed by shore news network.

BERLIN – Preparation for a listing of Volkswagen’s sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker’s … Read more

Categories Financial News

Volkswagen investors split on whether Porsche IPO should go ahead – Bernstein poll

July 26, 2022 by Reuters
Volkswagen investors split on whether porsche ipo should go ahead - bernstein poll - photo licensed by shore news network.

BERLIN – Volkswagen investors polled by Bernstein Research were split on whether an IPO of sportscar brand Porsche should go ahead after Friday’s announcement of … Read more

Categories Financial News

More details in coming weeks on Porsche IPO, CEO says

July 18, 2022 by Reuters
More details in coming weeks on porsche ipo, ceo says - photo licensed by shore news network.

BERLIN – Volkswagen-owned Porsche will be able to go into more detail in coming weeks on what its agreement with Volkswagen for the structure of … Read more

Categories Financial News

Porsche Stolen After Owner Leaves Key Fob Inside Car

July 15, 2022 by Charlie Dwyer
Porsche stolen after owner leaves key fob inside car - photo licensed by shore news network.

WESTFIELD, NJ – An individual reported a motor vehicle theft in the area of the 500 block of Springfield Avenue. The vehicle, described as a … Read more

Categories Breaking News, New Jersey News, Police Blotter

Porsche SE says feasibility of sportscar maker IPO depends on market conditions

May 13, 2022 by Reuters
Porsche se says feasibility of sportscar maker ipo depends on market conditions - photo licensed by shore news network.

BERLIN – Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth … Read more

Categories Financial News

Porsche Owner Run Down Trying to Stop GTA in Progress Red Bank

April 20, 2022 by Charlie Dwyer
Porsche owner run down trying to stop gta in progress red bank - photo licensed by shore news network.

RED BANK, NJ – The owner of a car was in a nearby business in Red Bank when he saw a black male enter his … Read more

Categories Breaking News, New Jersey News, Ocean County News, Police Blotter

Ukraine war could impact timing of Porsche AG listing, Porsche SE says

March 29, 2022 by Reuters
Ukraine war could impact timing of porsche ag listing, porsche se says - photo licensed by shore news network.

BERLIN – The timing of a possible listing of Porsche AG, currently foreseen for the fourth quarter of the year, could be pushed back by … Read more

Categories Financial News

Porsche AG sets more ambitious electric vehicle target

March 18, 2022 by Reuters
Porsche ag sets more ambitious electric vehicle target - photo licensed by shore news network.

FRANKFURT – Luxury sportscar maker Porsche AG, which parent Volkswagen could float in a partial stock market listing later this year, on Friday set out … Read more

Categories Financial News

Porsche to suspend Taycan production in Stuttgart-Zuffenhausen plant

March 9, 2022 by Reuters
Porsche to suspend taycan production in stuttgart-zuffenhausen plant - photo licensed by shore news network.

FRANKFURT – Volkswagen’s luxury division Porsche will suspend production of its electric Taycan model at the group’s Stuttgart-Zuffenhausen plant until the end of next week, … Read more

Categories Financial News

Porsche suspends production in Leipzig over Ukraine crisis

March 2, 2022 by Reuters
Porsche suspends production in leipzig over ukraine crisis - photo licensed by shore news network.

BERLIN – Volkswagen’s Porsche is suspending production at its Leipzig plant until the end of next week as a result of the Ukraine crisis, a … Read more

Categories Financial News

Porsche SE weighs selling Volkswagen shares to help fund Porsche IPO-sources

March 1, 2022 by Reuters
Porsche se weighs selling volkswagen shares to help fund porsche ipo-sources - photo licensed by shore news network.

FRANKFURT – Porsche SE is considering cutting its stake in Volkswagen to just above 50% of ordinary shares as one way to generate cash to … Read more

Categories Financial News

Exclusive-VW could issue common, preference shares in possible Porsche AG IPO – sources

February 22, 2022 by Reuters
Exclusive-vw could issue common, preference shares in possible porsche ag ipo - sources - photo licensed by shore news network.

HAMBURG – Volkswagen is weighing issuing an equal number of common and preference shares in a potential listing of luxury carmaker Porsche AG and may … Read more

Categories Financial News

Shares in Volkswagen and its top investor rise on Porsche listing hopes

February 9, 2022 by Reuters
Shares in volkswagen and its top investor rise on porsche listing hopes - photo licensed by shore news network.

FRANKFURT – Hopes for more clarity around a possible listing of Volkswagen’s luxury Porsche AG division lifted shares in Europe’s largest carmaker and its top … Read more

Categories Business News

Porsche expects another record year for sales despite chip shortage – Automobilwoche

February 6, 2022February 6, 2022 by Reuters
Porsche expects another record year for sales despite chip shortage - automobilwoche - photo licensed by shore news network.

BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying … Read more

Categories Business News, Featured News

Suspect in Florida registered Porsche stole Jackson man’s wallet from unlocked car

March 9, 2021 by Your News
Suspect in florida registered porsche stole jackson man's wallet from unlocked car - photo licensed by shore news network.

JACKSON TOWNSHIP, NJ – For at least one criminal roaming Jackson Township, it’s clear crime does pay.  A burglary suspect driving in a white Porsche … Read more

Categories Jersey Shore News, New Jersey News, Ocean County News, Police Blotter
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