Five Arrested After Fleeing Police in Stolen Porsche
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, the suspects attempted to flee…
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, the suspects attempted to flee…
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 said on Wednesday. As part…
HOLMDEL, NJ – Police in Holmdel had to suspend the pursuit of a Porsche suspected in multiple burglaries and thefts in the area after the driver of that car drove…
FRANKFURT (Reuters) – Volkswagen announced its intention to float sportscar maker Porsche on Monday, marking a new phase in a sometimes fraught relationship between the two leading auto brands that…
BERLIN (Reuters) – Luxury sportscar maker Porsche AG said on Thursday its supervisory board intends to appoint Sajjad Khan, a former chief technology officer at rival Mercedes-Benz, to the company’s…
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 combustion engine, production chief Albrecht…
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 matters in what marks a…
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 chief financial officer said on…
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 a leadership change at the…
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 a partial listing will look…
WESTFIELD, NJ – An individual reported a motor vehicle theft in the area of the 500 block of Springfield Avenue. The vehicle, described as a 2021 black-colored Porsche Macan, was…
BERLIN – Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth quarter of this year, depended…
RED BANK, NJ – The owner of a car was in a nearby business in Red Bank when he saw a black male enter his 2021 Porsche Cayenne SUV. The…
BERLIN – The timing of a possible listing of Porsche AG, currently foreseen for the fourth quarter of the year, could be pushed back by the conflict in Ukraine if…
FRANKFURT – Luxury sportscar maker Porsche AG, which parent Volkswagen could float in a partial stock market listing later this year, on Friday set out a more ambitious sales target…
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, the company said in a…
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 spokesperson for the luxury carmaker…
FRANKFURT – Porsche SE is considering cutting its stake in Volkswagen to just above 50% of ordinary shares as one way to generate cash to buy into a potential stock…
HAMBURG – Volkswagen is weighing issuing an equal number of common and preference shares in a potential listing of luxury carmaker Porsche AG and may pay a special dividend to…
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 shareholder on Wednesday, traders said.…
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When…
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 SUV was caught trying to…