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 …
Porsche
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …