POAHY - Porsche Automobil Holding SE

Other OTC - Other OTC Delayed Price. Currency in USD
6.55
-0.12 (-1.80%)
At close: 3:48PM EDT
Stock chart is not supported by your current browser
Previous Close6.67
Open6.64
Bid0.00 x 0
Ask0.00 x 0
Day's Range6.55 - 6.64
52 Week Range5.64 - 8.22
Volume45,090
Avg. Volume61,963
Market Cap20.045B
Beta (3Y Monthly)1.14
PE Ratio (TTM)5.11
EPS (TTM)1.28
Earnings DateN/A
Forward Dividend & Yield0.21 (3.00%)
Ex-Dividend Date2018-05-16
1y Target EstN/A
Trade prices are not sourced from all markets
  • Associated Press12 days ago

    VW's Porsche agrees to 535 million euro fine in diesel case

    FRANKFURT, Germany (AP) — Volkswagen's Porsche division says it has agreed with prosecutors to pay a 535 million euro ($598 million) fine for negligent oversight for installing engines that violated emissions norms.

  • Reuters12 days ago

    VW unit Porsche to pay 535 million euro fine over diesel cheating

    BERLIN/FRANKFURT (Reuters) - German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests. Prosecutors in the southern city of Stuttgart on Tuesday said that the company's development department had neglected its legal obligations, which ultimately led to the sale of diesel cars that spewed excessive pollution levels. The fine against Porsche follows a 1 billion euro penalty for management lapses imposed against Volkswagen by prosecutors in Braunschweig, and a fine of 800 million euros against Audi by prosecutors in Munich, Germany last year.

  • Financial Times12 days ago

    Porsche fined €535m by German prosecutors over diesel scandal

    Sports car maker Porsche has been fined €535m by public prosecutors in Stuttgart for “negligent violations of supervisory duties” which allowed the diesel scandal to occur. The German carmaker, a unit of Volkswagen Group, was wrapped up in the decade-long cheating episode exposed by US regulators in 2015 because some of its cars used engines made by sister brands Audi and VW. Porsche said it “never developed and produced diesel engines”.

  • Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating
    Reuters12 days ago

    Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating

    BERLIN/FRANKFURT (Reuters) - German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests. Prosecutors in the southern city of Stuttgart on Tuesday said that the company's development department had neglected its legal obligations, which ultimately led to the sale of diesel cars that spewed excessive pollution levels. The fine against Porsche follows a 1 billion euro penalty for management lapses imposed against Volkswagen by prosecutors in Braunschweig, and a fine of 800 million euros against Audi by prosecutors in Munich, Germany last year.

  • VW Jumps on Profit Gain, Sticks to Targets Despite Slowdown
    Bloomberg17 days ago

    VW Jumps on Profit Gain, Sticks to Targets Despite Slowdown

    Volkswagen AG shares advanced the most in three months after first-quarter profit rose and the German carmaker stuck to annual earnings goals despite a global market slowdown and rising legal costs. The stock jumped 3.7 percent on Thursday after the world’s biggest carmaker said operating profit rose to 4.8 billion euros ($5.4 billion), excluding a 1 billion-euro provision for legal costs. VW boosted sales of lucrative sport utility vehicles, while benefiting from favorable exchange rates and the revaluation of financial instruments that added 400 million euros to the result.

  • Porsche CEO Eyes Cooperation With Chinese Technology Giants
    Bloomberglast month

    Porsche CEO Eyes Cooperation With Chinese Technology Giants

    Country-specific features for voice recognition, navigation and integration of the ubiquitous WeChat messaging service will be developed locally, Porsche Chief Executive Officer Oliver Blume said in an interview in Shanghai this week. The manufacturer also signed an agreement to expand its research cooperation with Tongji University on Wednesday.

  • Reuters2 months ago

    German court rejects second investor group action against Volkswagen and Porsche SE on diesel scandal

    A German court on Wednesday said it won't allow a second investor group action against Volkswagen AG and its controlling shareholder, Porsche SE, for allegedly failing to inform investors about the Diesel scandal in 2015. Investors have brought multiple cases against Volkswagen and Porsche SE in the southern city of Stuttgart, arguing that the companies should have issued adhoc-statements earlier to inform the market about U.S. authorities starting to investigate the emissions cheating.

  • Volkswagen management and works council divided over restructuring plans
    Reuters2 months ago

    Volkswagen management and works council divided over restructuring plans

    Volkswagen's supervisory board is set to meet on Friday to discuss the company's ambitious cost-reduction plans, Der Spiegel reported on Wednesday, citing company sources. The magazine said the extraordinary board meeting has been scheduled to mediate between management at Germany's biggest carmaker and the head of its works council, Bernd Osterloh, who is also a member of the supervisory board. A Volkswagen spokesman said he did not know of any planned board session.

  • Reuters2 months ago

    VW management and works council divided over restructuring plans

    Volkswagen's supervisory board is set to meet on Friday to discuss the company's ambitious cost-reduction plans, Der Spiegel reported on Wednesday, citing company sources. The magazine said the extraordinary board meeting has been scheduled to mediate between management at Germany's biggest carmaker and the head of its works council, Bernd Osterloh, who is also a member of the supervisory board. A Volkswagen spokesman said he did not know of any planned board session.

  • Reuters2 months ago

    Porsche SE says it raised voting rights share in Volkswagen

    Porsche SE, the holding company controlling Germany's Volkswagen, on Tuesday said it raised its voting rights share in the carmaker to 53.1 percent from 52.2 percent. "We continue to believe that Volkswagen group has a significant potential to increase its value and that its current capital market valuation does not reflect this," Porsche SE's CEO Hans Dieter Poetsch, who is also the chairman of VW's supervisory board, said.

  • Porsche SE says it raised voting rights share in VW
    Reuters2 months ago

    Porsche SE says it raised voting rights share in VW

    Porsche SE, the holding company controlling Germany's Volkswagen, on Tuesday said it raised its voting rights share in the carmaker to 53.1 percent from 52.2 percent. "We continue to believe that Volkswagen group has a significant potential to increase its value and that its current capital market valuation does not reflect this," Porsche SE's CEO Hans Dieter Poetsch, who is also the chairman of VW's supervisory board, said.

  • The Wall Street Journal2 months ago

    2020 Porsche 911: One Last Hurrah Before Going Electric

    It was 3:30 a.m. and I was pulling out of Stuttgart in the midst of a winter storm, on my way to the Geneva auto show 300 miles away. Somewhere in the dark waited a 2020 Porsche 911 Carrera S, in Guard Red, the eighth generation of the company’s humpbacked, ass-engined masterpiece.

  • Reuters2 months ago

    Audi seeks closer ties to Porsche in cost-cutting drive

    INGOLSTADT (Reuters) - Audi will make greater use of vehicle platforms and technologies developed with Porsche and Volkswagen as it embarks on a 15 billion euro cost cutting and efficiency drive, Chief ...

  • Why Porsche's Best-Seller Is Going Electric-Only
    Motley Fool2 months ago

    Why Porsche's Best-Seller Is Going Electric-Only

    And why corporate parent VW is allowing it to happen.

  • Porsche says it is dealing with tax investigation issues
    Reuters3 months ago

    Porsche says it is dealing with tax investigation issues

    Volkswagen's Porsche unit on Sunday said it was cooperating with state prosecutors to clear up investigations into alleged tax debts related to early retirees and taxable benefits enjoyed by former top executives. The Bild am Sonntag (BamS) newspaper said on Sunday enforcement officers visited Porsche premises late last year. The paper also said costs incurred for a birthday party held by former chief executive Matthias Mueller who ran the firm between 2015 and 2018 had required retroactive tax declarations and the late settlement of outstanding liabilities.

  • Porsche's best-selling Macan SUV is going all-electric
    TechCrunch3 months ago

    Porsche's best-selling Macan SUV is going all-electric

    Porsche plans to turn its best-selling U.S. vehicle, the Macan SUV, into an electric vehicle following the introduction of its first EVs, the Taycan and its crossover cousin, the Cross Tourismo. Production of the next-generation all-electric Porsche Macan will begin early in the next decade, the company announced Tuesday. It will be produced in Leipzig, Germany, the same factory where the current gas-powered Macan is manufactured.

  • Porsche debuts a hot new model at the New York Auto Show
    Yahoo Finance Videolast month

    Porsche debuts a hot new model at the New York Auto Show

    It's day one at the New York Auto Show, and there are plenty of headlines being made. German sports car brand Porsche debuted a hot new model. Yahoo Finance's Pras Subramanian speak with Klaus Zellmer, Porsche North America president and CEO.

  • Watch CNBC's interview with Porsche CEO Oliver Blume
    CNBC Videos2 months ago

    Watch CNBC's interview with Porsche CEO Oliver Blume

    Porsche CEO Oliver Blume speaks with CNBC from the Geneva Motor Show.