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Porsche announces price increases after crushing earnings estimates

Teslarati

Porsche has announced a new set of price increases alongside its incredible Q1 financial report, which crushed investor expectations. Since the end of the pandemic, Porsche has seen nothing but success across the board. According to statements from the Porsche CFO, more increases are on the horizon. Porsche pulled in 10.1

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Porsche Q1 sales soar, but Taycan production issues remain

Teslarati

Porsche has released its Q1 sales report, and it’s a mixed bag for Europe’s most valuable car maker. Despite Porsche’s limited EV offerings compared to its traditional rivals and its newest competitor, Tesla, the brand has been making headway, with sales climbing consistently quarter over quarter.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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Volkswagen is financially ready for electrification, says CFO

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From the auto group’s Porsche IPO today and Volkswagen’s relatively high operating profit margin, continued investment into electrifying their offerings will be possible. billion from their Porsche IPO today, while the brand’s operating profit margin of 7-8.5% What do you think of the article?

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Volkswagen, Mobileye to bring new automated driving functions to series production – ET Auto

Baua Electric

Israeli automotive tech company Mobileye will provide driving assistance software based on its SuperVision and Chauffeur platforms to VW’s luxury brands such as Audi, Bentley, Lamborghini and Porsche. Mobileye is also set to supply further automated driving software to Volkswagen’s commercial vehicles unit.

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Volkswagen Group’ hot new IPO sees sales fall in Q3

Teslarati

Volkswagen Group announced Q3 sales results, but their recent IPO Porsche brand saw a dramatic drop in sales during the quarter. However, it is a mixed bag for Volkswagen Group’s luxury offerings; Audi grew sales while Porsche saw a dramatic sales drop. What do you think of the article?

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McLaren Applied reveals path to besting Tesla in the EV industry

Teslarati

As revealed in the report from Forbes , McLaren Applied’s automotive engineering work now focuses on supplying parts to other automakers, notably inverters for electric vehicles. Lambert explains that this is why so many seem to prefer the driving experience of the Porsche Taycan over alternative Tesla products.