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Porsche Automobil Holding SE (PAH3.DE)

49.38

+0.35

(+0.71%)

At close: April 18 at 5:35 PM GMT+2

Porsche partners with ClearMotion for its smooth suspension tech

German luxury automaker Porsche has partnered with ClearMotion to validate the U.S. startup's active suspension technology and road-reading software and has signed a licensing agreement for its technology, the companies said on Tuesday. ClearMotion CEO Zack Anderson declined to say which Porsche models the company's technology could be used for, but told Reuters it could be used in any electric or combustion-engine model without any need to redesign those vehicles. "Vehicle-motion is the next frontier in delivering a markedly superior experience for drivers and passengers," Ingo Albers, Porsche's vice president for drive systems said in a statement.

Reuters 9 days ago

POAHY
Is Porsche Automobil Holding SE (POAHY) Outperforming Other Auto-Tires-Trucks Stocks This Year?

Here is how Porsche Automobil Holding SE Unsponsored ADR (POAHY) and Toyota Motor Corporation (TM) have performed compared to their sector so far this year.

Zacks 10 days ago

POAHY

TM
Is Gentherm (THRM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Here is how Gentherm (THRM) and Porsche Automobil Holding SE Unsponsored ADR (POAHY) have performed compared to their sector so far this year.

Zacks 28 days ago

THRM

POAHY
UPDATE 1-Vehicle software maker Applied Intuition raises $250 mln from Porsche, others

U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday. The financing was led by Lux Capital, Elad Gil, and Porsche Investments Management, the sports car manufacturer's subsidiary, the company said. This marks a jump in valuation from Applied Intuition's last round at $3.6 billion in late 2021.

Reuters last month

POAHY
Porsche warns push into electric cars will hit profits

Porsche has warned that its shift away from petrol cars will impact profits, as investment in electrification drives up costs.

The Telegraph last month

POAHY
Porsche AG Warns of Lower Margins As It Launches New EV, Hybrid Models

Porsche said it expected profitability to decline to between 15-17% in 2024, citing global economic conditions, after it posted full-year results largely in line with views.

The Wall Street Journal last month

POAHF

POAHY
Vehicle software maker Applied Intuition raises $250 million from Porsche, others

(Reuters) -U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday. The financing was led by Lux Capital, Elad Gil, and Porsche Investments Management, the sports car manufacturer's subsidiary, the company said. This marks a jump in valuation from Applied Intuition's last round at $3.6 billion in late 2021.

Reuters last month

POAHY
Porsche sees lower returns in year of major model launches

FRANKFURT/BERLIN (Reuters) -Porsche expects its profit margins to dip this year as the German luxury carmaker funds the launch of four new models to help it tackle tougher competition. Last year, Porsche's deliveries in China fell 15% year-on-year, reflecting the "value over volume" strategy CEO Oliver Blume said was possible because of a geographical spread that helped it increase total deliveries by 3.3%. Blume said the Chinese market would emerge from the current economic crisis towards the end of the year, when Porsche would have a strong lineup to take advantage of the recovery.

Reuters last month

POAHY
Vehicle software supplier Applied Intuition raises $250 mln at $6 bln valuation

U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday. The financing was led by Bilal Zuberi, general partner at Lux Capital, angel investor Elad Gil, and Porsche Investments Management, the sports car manufacturer's independent subsidiary, the company said. "We want to further strengthen Porsche's expertise in the field of software and customer experience," Lutz Meschke, Porsche AG's chief financial officer said in a statement.

Reuters last month

POAHY
Auto & Transport Roundup: Market Talk

Read about Boeing, slowing U.S. freight demand, Porsche and more in the latest Market Talks covering the Auto and Transport sector.

The Wall Street Journal last month

POAHF

POAHY
Porsche unveils one of the fastest road cars in the world, featuring a 1,000-horsepower ‘launch control’ button

Porsche today introduced the most powerful production, or mass-produced, car it has ever made. The electric 1,093-horsepower Taycan Turbo GT, coming to market this summer, has already set two race track speed records for an electric car. It even beat one set by a Tesla Model S by a gigantic 18 seconds.

CNN Business last month

POAHY
The Blacklisted Component That’s Disrupting the Luxury-Car Market

A transformer from a Chinese supplier recently banned over links to forced labor is delaying imports of Porsche and other cars into the U.S.

The Wall Street Journal last month

POAHF

POAHY

VLKAF
Consumer Reports: BMW named top pick in overall brand rankings; Subaru top mainstream brand

Consumer Reports (CR) named BMW the top overall pick in its 2024 Brand Report Card rankings, with the German automaker becoming the first back-to-back winner since 2017.

Yahoo Finance last month

TSLA

TM

TOYOF
UPDATE 1-Croatia's Rimac ends joint venture with China battery maker Camel

Rimac, which is part-owned by Porsche AG, is in the process of ending a joint venture with Chinese battery producer Camel Group, the Croatian sports car maker said on Friday. The United States last year banned goods made by two China-based companies, including Camel, as part of efforts to eliminate alleged forced labour from the U.S. supply chain. "The Rimac Group has taken note of the allegations regarding forced labor practices linked to one of our investors, Camel Group," the Croatian company said in e-mailed comments.

Reuters last month

^YH102

POAHY
Rivian Hires New Marketing Leader as It Prepares to Unveil First Economy Line

Meta and Amazon veteran joins the EV startup, which will soon take reservations for its key R2 lineup.

The Wall Street Journal last month

AMZN

POAHF

POAHY
3 Luxury Stocks Capitalizing on High-End Consumer Trends

Despite America’s elevated interest rates and high inflation since 2021, most wealthy Americans have managed to thrive in recent years. Stocks, white-collar salaries and home values have generally risen quicker than inflation and most homeowners are still locked into mortgages with very low interest rates. Meanwhile, lingering, unfounded concerns about a recession has left the valuation of most luxury stocks quite low, despite the stock market’s recent rally. As a result, now is a great time to

InvestorPlace 3 months ago

TPR

DRI

POAHY
Porsche increases 2023 deliveries despite China slump

Luxury carmaker Porsche increased its deliveries by 3% in 2023, with 320,221 vehicles delivered worldwide, as growth in Europe and North America offset a challenging market in China, the company said on Friday. Deliveries increased by 12% year-on-year in Europe, excluding the home market Germany, which saw a 10% increase, Porsche said.

Reuters 3 months ago

POAHY
For Porsche's 718 two-seater twins, the electric future is underway

Expect the 718 Boxster and Cayman to soldier on alongside their new EV counterparts thanks to Porsche's flexible vehicle assembly process.

Autoblog 4 months ago

POAHY
Porsche SE expects net liquidity at year-end in upper forecast range

Porsche SE said on Monday that net liquidity had improved to a deficit of 5.8 billion euros ($6.20 billion) as of the end of September from minus 6.7 billion euros at the start of 2023, helped by tax refunds totalling some 500 million euros. Volkswagen's controlling shareholder said it thus expected net liquidity at the end of this year to be in the upper half of the forecast range of minus 6.1 billion euros to minus 5.6 billion euro.

Reuters 5 months ago

POAHY
Inflation is starting to hit the super-rich, warns Porsche

Porsche has said soaring borrowing costs and rising prices are starting to impact even its wealthy clients.

The Telegraph 5 months ago

POAHY

Performance Overview

Return	PAH3.DE	DAX PERFORMANCE-INDEX
YTD	+6.61%	+6.48%
1-Year	-1.44%	+12.97%
3-Year	-44.31%	+15.38%

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Porsche Automobil Holding SE (PAH3.DE)

Porsche partners with ClearMotion for its smooth suspension tech

Is Porsche Automobil Holding SE (POAHY) Outperforming Other Auto-Tires-Trucks Stocks This Year?

Is Gentherm (THRM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

UPDATE 1-Vehicle software maker Applied Intuition raises $250 mln from Porsche, others

Porsche warns push into electric cars will hit profits

Porsche AG Warns of Lower Margins As It Launches New EV, Hybrid Models

Vehicle software maker Applied Intuition raises $250 million from Porsche, others

Porsche sees lower returns in year of major model launches

Vehicle software supplier Applied Intuition raises $250 mln at $6 bln valuation

Auto & Transport Roundup: Market Talk

Porsche unveils one of the fastest road cars in the world, featuring a 1,000-horsepower ‘launch control’ button

The Blacklisted Component That’s Disrupting the Luxury-Car Market

Consumer Reports: BMW named top pick in overall brand rankings; Subaru top mainstream brand

UPDATE 1-Croatia's Rimac ends joint venture with China battery maker Camel

Rivian Hires New Marketing Leader as It Prepares to Unveil First Economy Line

3 Luxury Stocks Capitalizing on High-End Consumer Trends

Porsche increases 2023 deliveries despite China slump

For Porsche's 718 two-seater twins, the electric future is underway

Porsche SE expects net liquidity at year-end in upper forecast range

Inflation is starting to hit the super-rich, warns Porsche

Performance Overview