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Porsche increases stake in electric sports car company Rimac to 15.5%

Green Car Congress

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. Porsche is now strengthening the established partnership. Porsche initiated a development partnership with Rimac against the back-drop of its electric mobility campaign.

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Porsche invests €70M to increase stake in Rimac Automobili to 24%

Green Car Congress

The Supervisory Board of Porsche AG agreed to increase its stake in Rimac Automobili from 15% to 24% with the investment of an additional €70 million. Porsche joined the young technology and sports car company as an investor in 2018 and increased its stake to 15% in September 2019. Mate Rimac inspires us with his innovative ideas.

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Porsche takes 10% stake in the electric technology and sports car company Rimac; development partnership

Green Car Congress

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. —Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche.

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VW says 3.0L diesel issue extends to MY 2009-2016, not just MY 2014-2016

Green Car Congress

liter diesel engines from model years 2009 through 2016. Porsche AG and Porsche Cars North America an In Use Compliance Letter addressing concerns over test results for 2014, 2015, and 2016 vehicles with 3.0-liter liter diesel engines, alleging that these model years included defeat devices.

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Volkswagen and Porsche moving up full integration to August

Green Car Congress

Volkswagen Aktiengesellschaft and Porsche Automobil Holding SE (Porsche SE) are accelerating the creation of an integrated automotive group through the contribution in full of Porsche’s automotive business to the Volkswagen Group, with the move expected to take effect as of 1 August 2012. Porsche SE will receive around €4.46

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US files civil complaint against Volkswagen, Audi and Porsche for alleged Clean Air Act violations

Green Car Congress

Volkswagen Group of America Chattanooga Operations, LLC, Porsche AG, and Porsche Cars North America, Inc. liter diesel vehicles sold in the United States since the 2009 model year. liter diesel vehicles sold in the United States since the 2009 model year. liter diesel models and model years include: Jetta (2009-2015).

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Porsche adds second production hybrid model, Panamera S Hybrid

Green Car Congress

Porsche will unveil the Panamera S Hybrid, its second production hybrid model, later this year. L/100 km (35 mpg US) on the New European Driving Cycle (NEDC), making it the most fuel-efficient Porsche yet. The Porsche parallel full hybrid system also reduces consumption at high speeds via a “sailing” or coasting mode.

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