Porsche AG

porsche ag - All News and Analysis

• Volkswagen Shares Gain as Porsche Gets Majority

  Reuters - 2009-01-06

  By Christiaan HetznerFRANKFURT (Reuters) - Shares in Volkswagen VOWG traded higher on Tuesday, pacing European auto stocks, following news late on Monday that Porsche SE (PSHG_p) raised its voting stake in the world's third-largest carmaker to a majority.The much anticipated move triggers a mandatory takeover bid for Swedish truck maker...

  Tags: Porsche AG, VW, Volkswagen AG, Scania, Manufacturing, Investment, Finance, Stockholm

• In Budget-Cutting Time, Save Money for Driving Events

  BNET - 2008-12-22

  There's no substitute for experience, especially for a high-priced, emotionally loaded purchase like a luxury car. Driving events can also benefit more ordinary brands. by Jim Henry

  Tags: Porsche AG, Brand, Event, Ferrari, Owner, Land Rover, Branding, Marketing, Jim Henry

• Porsche Bows to Lower Demand, Trims Production

  BNET - 2008-11-25

  If a recession gets bad enough, sooner or later even high-end luxury brands are not recession-proof. Porsche reached that point later than most brands, but it's there now. by Jim Henry

  Tags: Porsche AG, Sales Strategy, Sales Force Management, Sales, Jim Henry

• Developing Markets a Bright Spot for Automakers

  BNET - 2008-11-03

  Especially for luxury brands, developing markets in Asia, India, Central and Eastern Europe are making up for some lost sales in mature markets like the United States and Europe. by Jim Henry

  Tags: Market, Sales Strategy, Manufacturing, Branding, Sales, Marketing, Jim Henry, China, Porsche AG, Rolls-Royce, Cayenne SUV

• VW Sales, Profits on the Rise

  BNET - 2008-10-31

  As the Detroit 3 sink, Germany's Volkswagen Group is on the rise, with higher sales and profits for 2008. This counter-trend is making Porsche look smart for buying out VW. by Jim Henry

  Tags: VW, Sales Strategy, Sales Force Management, Sales, Jim Henry, Porsche AG, Volkswagen AG

• German Engineering Doesn't Stop at Cars

  Seeking Alpha - 2008-10-31

  Toro submits: I am more than a little amused at the saga of Porsche (POAHF.PK) sticking it to the hedge funds through their stealth purchase of Volkswagen (VLKAY.PK) shares. Porsche Automobil Holding SE is emerging as a potential big winner, and the target of heightened scrutiny, as hedge funds...

  Tags: Car, Porsche AG, Hedge Fund, Volkswagen AG, Seeking Alpha, Toro, Porsche Automobil Holding SE, Investment, Financial Services, Finance, Financial

• Volkswagen Saga: Major Short Squeeze

  Seeking Alpha - 2008-10-30

  Trader Mark submits: We are obviously not involved with this "greatest short squeeze in history" as Volkswagen (VLKAY.PK) is on a German exchange and I wouldn't touch something this random and crazy with your 10 foot pole but some interesting developments - first Porsche (which is trying to buy shares...

  Tags: Porsche AG, VW, Volkswagen AG, Seeking Alpha, Trader Mark, Manufacturing, Investment, Finance, Transport

• Spike in VW Share Price Pounds Short-Sellers

  BNET - 2008-10-29

  A giant spike in Volkswagen's share price means a lot of short-sellers, who were betting the share price would go down, were hoisted with their own petard. by Jim Henry

  Tags: VW, Short-seller, Price, Jim Henry, Porsche AG, Investor, Financial Accounting, Finance

• Porsche, Luxury Rivals Push Used Cars

  - 2008-10-21

  Porsche, Luxury Rivals Push Used CarsRE: Porsche, Luxury Rivals Push Used CarsI guess it would still end up having the consumer decide if he likes used cars or move up to luxury cars. -Cargo Liners

  Tags: Push Used Cars, Porsche AG, car

• AUDI AG: Announcement of the Joint Statement of the Management Board and the Supervisory Board regarding the Mandatory Offer of Porsche Automobil Holding SE

  - 2008-10-16

  AUDI AG / Statement BERLIN & INGOLSTADT, Germany --Shares of AUDI Aktiengesellschaft: WKN 675700 ISIN DE0006757008 Tendered shares of AUDI Aktiengesellschaft: ISIN DE000A0XYHH0 Announcement pursuant to sections 27 para. 3 sent. 1, 14 para. 3 sent. 1 no. 2 of the German Securities and Acquisition and...

  Tags: Audi AG, board, Fax, Porsche AG

• SPORT In Brief: Jelena's joy

  - 2008-10-06

  TENNIS: Jelena Jankovic was today set to be confirmed the new world No 1 after winning her second title in as many weeks yesterday with a 6-4 6-3 triumph over Nadia Petrova in the final of the Porsche Grand Prix in Stuttgart.

  Tags: Porsche AG

• Corvette Racing, Penske Porsches Win Green Challenge™ World Debut

  - 2008-10-05

  BRASELTON, Ga., Oct. 5 /PRNewswire/ -- A world debut only ever happens once. And these will be the names to be remembered as the inaugural winners of the Green Challenge at the American Le Mans Series' signature endurance race - Petit Le Mans - at Road Atlanta Saturday:...

  Tags: car, Porsche AG, U.S. Environmental Protection Agency

• Porsche Achieves New Records in Sales, Production and Turnover

  - 2008-10-01

  STUTTGART, Germany -- Porsche Automobil Holding SE, Stuttgart, has again brought home record values in the business year 2007/08 (to July 31) despite the general lack of buoyancy in the economic environment. As the company announced on Wednesday, in a first review of the business year that has just ended,...

  Tags: Porsche AG, SALES

• Catch The Action

  - 2008-10-01

  Live Snooker (Eurosport, 12.45pm) The Shanghai Masters. Coverage of the concluding matches in the first round of the ranking tournament at the Shanghai Grand Stage. Ronnie O' Sullivan's withdrawal through injury left the event wide open last year. Live WTA Tennis (Eurosport, 5.15pm) The Porsche Tennis Grand...

  Tags: Porsche AG

• Catch The Action

  - 2008-10-01

  Live Snooker (Eurosport, 12.45pm) The Shanghai Masters. Coverage of the concluding matches in the first round of the ranking tournament at the Shanghai Grand Stage. Ronnie O'Sullivan's withdrawal through injury left the event wide open last year. Live WTA Tennis (Eurosport, 5.15pm) The Porsche Tennis Grand Prix. Coverage...

  Tags: Porsche AG, tournament, withdrawal

• Porsche Reports U.S. Sales for September

  - 2008-10-01

  Highly Anticipated New 911 Faces Challenging Sales Environment ATLANTA -- Porsche Cars North America, Inc. PCNA, importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced September sales of 1,458 in the United States compared to last year's record-breaking September total of 2,641,...

  Tags: Porsche AG, SALES

• Porsche Sets Global Sales Record, Despite U.S. Downturn

  BNET - 2008-10-01

  Porsche had record sales in its most recent fiscal year, including a big increase in sales of the Porsche Cayenne SUV, and despite a drop in sales of the iconic 911 sports car. by Jim Henry

  Tags: U.S., Porsche AG, Sales Strategy, Sales Force Management, Sales, Jim Henry

• Long Island Nonprofit Briefs: September 19, 2008

  - 2008-09-19

  The envelope please Five individuals, one foundation and one corporation will be honored by the Association of Fundraising Professionals-Long Island chapter on Philanthropy Day 2008, scheduled for Nov. 21. Lillian Barbash will receive the Horace Hagedorn Outstanding Philanthropist Award for supporting musical arts on Long Island....

  Tags: Benefits, Cooper, HEALTHCARE, Porsche AG, PRODUCTIVITY, SOFTWARE

• David Swallows Goliath: Porsche Buys Controlling Share of VW

  BNET - 2008-09-16

  In a move that seemed preposterous when it was first proposed, little sports car maker Porsche has acquired a controlling share of giant mass-marketer Volkswagen, after a prolonged campaign. by Jim Henry

  Tags: Porsche AG, VW, Volkswagen AG, Corporate Governance, Corporate Law, Branding, Business Operations, Marketing, Jim Henry

• Porsche Reports U.S. Sales for August

  - 2008-09-03

  ATLANTA -- Porsche Cars North America, Inc. PCNA, importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced August sales of 1,404 in the United States compared to last year when it sold 2,548. Year-to-date sales were 19,618 versus 23,637 through eight months of...

  Tags: Porsche AG, SALES, U.S.