POAHY / Porsche reports higher sales as global car market looks solid

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