Teslarati
MAY 3, 2023
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
The Truth About Cars
MAY 3, 2023
Porsche will reportedly be raising prices between 4 and 8 percent on the European and U.S. Even so, higher-end brands appear to be doing fairly well at present, and Porsche itself noted that operating profits rose to €1.84 while raising vehicle pricing and trying to leverage connectivity into higher profits. billion ($2.03
Teslarati
JANUARY 25, 2024
Porsche unveiled its Macan EV today, bringing its second all-electric car to market and releasing some interesting details regarding its performance and power. Ten years after the launch of the Macan, Porsche is bringing the vehicle in what it calls “a bold new direction.”
Green Car Congress
FEBRUARY 11, 2022
Porsche is further expanding its involvement in the rapidly growing market for e-bikes by acquiring a stake in Fazua , an innovative manufacturer of e-bike drive systems, and establishing a strategic partnership with Ponooc Investment B.V. Porsche is acquiring 20% of the shares in Fazua GmbH. Ponooc is part of Pon Holdings B.V.—a
Teslarati
JANUARY 6, 2023
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.
Teslarati
JULY 26, 2023
Porsche AG has warned that supply chain issues were causing disruptions in its electric vehicle production. During a media call following Porsche AG’s half-year results, Chief Financial Officer Lutz Meschke noted that the company is facing “major challenges” in securing essential components like high voltage heaters.
Green Car Congress
DECEMBER 13, 2022
According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels.
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