Porsche Automobil Holding SE (PAH3.MU)

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33.26

-0.54

(-1.60%)

At close: April 4 at 10:27:31 AM GMT+2

German car giants shake off their Nazi past to prepare for war

Ferdinand Porsche became widely known as the brilliant engineer behind the bestselling Volkswagen Beetle and some of Porsche’s first sports cars.

The Telegraph yesterday

POAHY

VWAPY
Carmakers weigh risk of price hikes as Trump tariffs loom, sources say

European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash from U.S. President Donald Trump. The United States late on Wednesday announced 25% duties on imports of finished cars and certain components from April 3, dashing hopes for lower rates or exemptions after several short-term policy changes suggested there might be wiggle room. Export-oriented car companies in Europe, most notably Germany's major automakers, are heavily exposed, with few options on how to respond in the near-term other than smaller discounts and price increases.

Reuters 9 days ago

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Volkswagen shareholder Porsche SE eyes defence, infrastructure for new investments

BERLIN (Reuters) -Porsche SE, Volkswagen's largest shareholder, is eyeing defence and infrastructure as possible new long-term investment areas, it said on Wednesday, adding there were no plans to sell shares in Volkswagen or Porsche AG. Germany's parliament this month approved plans to create a 500-billion-euro ($540 billion) infrastructure fund and allow higher spending on defence, sending shares in construction and defence companies soaring as investors hoped the spending splurge could revive economic growth. New investments need to generate financial returns to contribute to dividends, and give insights into new technologies that could boost the competitiveness of Volkswagen and Porsche AG, said Lutz Meschke, Porsche SE's board member for investment management and a former finance chief at Porsche AG.

Reuters 11 days ago

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Porsche SE says it is not considering sale of Volkswagen shares

Porsche SE, Volkswagen's biggest shareholder, is not considering selling voting shares in Europe's largest carmaker, the holding firm said on Sunday following a newspaper report that it was weighing such a move. German tabloid Bild, citing people familiar with the matter, said the Porsche and Piech families that jointly control Porsche SE were considering divesting shares in Volkswagen to free up capital for other investments. Bild's report said possible scenarios include reducing the stake in Volkswagen's ordinary shares to 45%-50%, from 53.3% at present.

Reuters 21 days ago

POAHY

VWAPY
Porsche, Piech Clans Mull Partial Sale of VW Shares, Bild Says

(Bloomberg) -- The billionaire Porsche and Piech family is exploring options to potentially reduce its voting stake in Volkswagen AG, according to a report by German tabloid Bild Zeitung.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCThe family’s main investme

Bloomberg 21 days ago

POAHY

VWAPY
Luxury automakers BMW, Ferrari, Porsche facing tariff pressures

European automakers are preparing responses as President Trump threatens tariffs on luxury imported goods, including cars. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination Overtime hosts Josh Lipton and Julie Hyman to discuss how Ferrari (RACE), Porsche (P911.DE), and BMW (BMW.DE) are planning to manage these potential tariffs and the impact on their pricing strategies. Trump has also threatened a 200% tariff against European wine and alcohol as a countermeasure to the European Union's (EU) retaliatory tariffs. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 24 days ago

VLKAF

VLKPF

VWAGY
Analysis: How Porsche will reboot after EV struggle, stock slump

The automaker will invest nearly $1 billion in combustion models as it simultaneously braces for Trump tariffs and sidesteps a price war in China.

Automotive News 24 days ago

POAHY
Porsche plans 3,900 job cuts to boost profitability

Porsche’s sales revenue for financial 2024, ending December 2024, stood at €40.1bn.

Just Auto 24 days ago

POAHY
Dr. Ing. h.c. F. Porsche AG (DRPRF) (FY 2024) Earnings Call Highlights: Strong Profitability ...

Porsche reports robust operating profit and strategic advancements despite facing headwinds in China and supply chain issues.

GuruFocus.com 24 days ago

POAHY
Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers

Porsche stock is sliding after the company cut a key profit target and said it may pass down tariff costs to its customers.

Yahoo Finance 25 days ago

POAHF
-1.55%
POAHY

DRPRF
Porsche Cuts Profit Target From IPO After China Sales Slump

(Bloomberg) -- Porsche AG lowered another profitability goal set at the time of its blockbuster listing after the luxury-car maker’s earnings slumped due to tumbling sales in China.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsWhere New York City's Zoning Reform Will Add HousingThe Ger

Bloomberg 25 days ago

POAHY

VWAPY
Porsche Plans 3,900 Job Cuts in Efficiency Drive

The company warned investments and costs of reshaping will hit earnings this year and expects markets to remain challenging.

The Wall Street Journal 25 days ago

POAHF
-1.55%
POAHY
Porsche acquires majority stake in Varta battery unit

Porsche takes steps to secure its future battery supply as the German automaker pursues its electrification focus.

Automotive News 27 days ago

POAHY
Porsche SE anticipates €20bn loss due to impairments

The forecast follows completion of impairment tests on its investments in Volkswagen AG and Porsche AG.

Just Auto 27 days ago

POAHY

VWAPY
Porsche SE expects $21.7 billion loss after tax on Volkswagen stake impairment

Porsche SE, Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Europe's top carmaker. The impairments, first announced in December, reflect a substantial loss in both Volkswagen's and Porsche AG's market value. Porsche SE owns 31.9% of Volkswagen and 12.5% of Porsche AG.

Reuters 30 days ago

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VWAPY
Stocks to watch this week: TSMC, Oracle, Volkswagen, Inditex and Persimmon

Earnings preview of key companies reporting this week and what to look out for.

Yahoo Finance UK 30 days ago

DKS

^IXIC

FRRFF
Porsche and Volkswagen CEO to keep dual role until restructuring complete, WirtschaftsWoche reports

Volkswagen and Porsche CEO Oliver Blume said his dual role at the helm of both companies was not meant to last forever but was necessary to complete the restructuring underway at the brand and wider group, WirtschaftsWoche magazine reported on Friday. Porsche replaced its CFO and sales chief late last month, after both came under heavy criticism for the company's poor performance and weak share price. Its parent group Volkswagen is also in the midst of a restructuring and cost-cutting drive to streamline its finances in the face of cheaper rivals encroaching on Europe from China.

Reuters 30 days ago

POAHY

VWAPY
Porsche names new CFO and sales chief in bid to revive performance

Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and a weak share price. The company announced late on Tuesday that Jochen Breckner, at Porsche for 25 years and head of corporate development since 2018, will oversee finances and IT. Matthias Becker, formerly at Audi and Skoda and head of overseas markets for Porsche since 2015, will lead sales and marketing.

Reuters last month

POAHY
Elon Musk Called Conversations With Bill Gates 'Underwhelming' After Fellow Tech Billionaire Shared He Bought An Electric Porsche, Not A Tesla

Elon Musk and Bill Gates don't exactly have the warmest relationship, and a certain Porsche purchase didn't help. After Gates revealed he had bought a Porsche Taycan instead of a Tesla, Musk responded with a blunt post on X in February 2020: "My conversations with Gates have been underwhelming tbh." Gates Praises Tesla But Buys a Porsche Gates shared his EV choice in an interview with YouTuber Marques Brownlee, where he acknowledged Tesla's (NASDAQ:TSLA) major role in pushing electric vehicles f

Benzinga last month

TSLA

POAHY

MSFT
Lexus, Buick top J.D. Power's latest car dependability survey, with Volkswagen, Chrysler lagging behind

Lexus again tops the ranks of J.D. Power’s newest vehicle dependability survey, but owners overall are making more complaints as vehicles get more and more complex.

Yahoo Finance last month

GM

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-1.55%
POAHY

Performance Overview

Return	PAH3.MU	DAX P (^GDAXI)
YTD	-8.40%	+3.68%
1-Year	-31.79%	+12.16%
3-Year	-57.17%	+42.18%

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Porsche Automobil Holding SE (PAH3.MU)

German car giants shake off their Nazi past to prepare for war

Carmakers weigh risk of price hikes as Trump tariffs loom, sources say

Volkswagen shareholder Porsche SE eyes defence, infrastructure for new investments

Porsche SE says it is not considering sale of Volkswagen shares

Porsche, Piech Clans Mull Partial Sale of VW Shares, Bild Says

Luxury automakers BMW, Ferrari, Porsche facing tariff pressures

Analysis: How Porsche will reboot after EV struggle, stock slump

Porsche plans 3,900 job cuts to boost profitability

Dr. Ing. h.c. F. Porsche AG (DRPRF) (FY 2024) Earnings Call Highlights: Strong Profitability ...

Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers

Porsche Cuts Profit Target From IPO After China Sales Slump

Porsche Plans 3,900 Job Cuts in Efficiency Drive

Porsche acquires majority stake in Varta battery unit

Porsche SE anticipates €20bn loss due to impairments

Porsche SE expects $21.7 billion loss after tax on Volkswagen stake impairment

Stocks to watch this week: TSMC, Oracle, Volkswagen, Inditex and Persimmon

Porsche and Volkswagen CEO to keep dual role until restructuring complete, WirtschaftsWoche reports

Porsche names new CFO and sales chief in bid to revive performance

Elon Musk Called Conversations With Bill Gates 'Underwhelming' After Fellow Tech Billionaire Shared He Bought An Electric Porsche, Not A Tesla

Lexus, Buick top J.D. Power's latest car dependability survey, with Volkswagen, Chrysler lagging behind

Performance Overview