POAHY / Layoffs at VW's Cariad further delay software launch in Porsche, Audi models

Volkswagen's software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just thr more_horizontal

Porsche laid out positive views on the luxury car sector in Wednesday's results, reassuring supply woes seen since the pandemic were now easing. Follo more_horizontal

Porsche AG (ETR:P911) has pointed to positive developments across the global car market as it laid out strong sales growth and profitability for the f more_horizontal

Porsche AG reported an operating return on sales of 18.3% in its first nine months on Wednesday, in line with its annual forecast, with operating prof more_horizontal

Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, reaching 242,722 vehicles, with growth see more_horizontal

German automaker Porsche and investor UP.Partners have launched Sensigo, a California-based startup using artificial intelligence to enable vehicle se more_horizontal

Volkswagen's languishing share price, which is near a three-and-a-half year low, is not the result of ownership control by the Porsche and Piech famil more_horizontal

Michael Steiner, development director of Porsche, discusses the carmaker's strategy moving forward. more_horizontal