Volkswagen said on Monday that it does not plan to purchase assets from its majority shareholder Porsche Automobile SE to help fund Porsche's intended acquisition of a 75 percent stake in VW.
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Stuttgart. Everything remained very quiet when today's Dr. Ing. h.c. F. Porsche AG
established VW-Porsche-Vertriebsgesellschaft mbh, the VW-Porsche Sales Company,
together with Volkswagenwerk AG, as it was called at the time, in April 1969.
Holding stock capital of DM 5 million, the new company launched the strategy of success for two sports cars still carefully held back from the public pending their final
presentation: the VW-Porsche 914 and 914/6.
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There's no mistaking it for anything but a Porsche, but with four doors and four full seats, the Panamera is like no previous Porsche.
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Volkswagen said on Monday that it does not plan to purchase assets from its majority shareholder Porsche Automobile SE to help fund Porsche's intended acquisition of a 75 percent stake in VW.
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Hot new track day 911 caught testing at the Nurburgring
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Porsche on Tuesday said first-half profit leapt fourfold owing to its stake in Volkswagen, but that sales were down and that it could not give a full-year forecast.
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Porsche Automobile Holding SE landed a 6.84 billion euro ($8.99 billion) windfall from its share options in Volkswagen during the first half, lifting its pretax profit to more than twice its revenue.
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Porsche has injected a little more flair into its SUV with the debut of the Cayenne GTS Design Edition 3. Following the Cayman S and Boxster S Design Editions, the Cayenne receives a thorough visual makeover from the Porsche Design Studio.
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Porsche Automobil Holding has secured a new credit facility of EUR10bn to redeem a credit of the same size.
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Porsche's sportiest SUV gets a designer makeover
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Porsche Automobil Holding SE has secured a last-minute deal to refinance a 10 billion euro ($13.6 billion) loan for its takeover of Volkswagen AG, paving the way for a possible stake increase.
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Porsche is expected to report pretax first fiscal half pretax profit of EUR3.65bn (US$4.91), a poll of analysts showed.
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Porsche is expanding its successful range of SUVs with an exclusive, limited-edition model. The company will build just 1,000 numbered units of the new Cayenne GTS Porsche Design Edition 3.
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Porsche is expanding its successful range of SUVs with an exclusive, limited-edition model. The company will build just 1,000 numbered units of the new Cayenne GTS Porsche Design Edition 3.
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Porsche is expanding its successful range of SUVs with an exclusive, limited-edition model. The company will build just 1,000 numbered units of the new Cayenne GTS Porsche Design Edition 3.
Full story...
The mission was to develop a sporty, capable, high-performance SUV that could tow something heavy and tackle rough trails. Some years back, Porsche and Volkswagen sat around the table to make it happen by way of a joint SUV platform. Subsequently, the Porsche Cayenne and Volkswagen Touareg were born.
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Porsche Cars North America (PCNA) has unveiled an 80kW urban solar power array at its Porsche Logistics facility in Ontario, the first solar power system deployed at any of its US
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Entry level models set to tip the scales at £72,266...
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Porsche AG today presented the key technologies of the new Panamera prior to the Gran Turismo's world debut in Shanghai. They include several technological innovations new to the luxury performance segment. Among them are the first automatic start/stop system in conjunction with an automatic transmission, air suspension system with additional air volume on demand, as well as active aerodynamics with a multi-stage, adjustable rear spoiler moving up when required on the Panamera Turbo.
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