Porsche SE , Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Europe's top carmaker.
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Albert Pujols revs up his passion: the exclusive Porsche 911 GT3 RS joins his luxurious garageAlbert Pujols has not only amassed fame and fortune but also an impressive car collection, featuring an incredible Porsche. Swipe to find out more!
Volkswagen and Porsche CEO Oliver Blume said his dual role at the helm of both companies was not meant to last forever but was necessary to complete the restructuring underway at the brand and wider group,
In many ways, the Shun Zhou Group embodies all the same qualities as the Porsche sportscar brand. With an innate resilience, they have an ability to pivot quickly in response to changing needs and commercial environments. Both companies are equally agile, yet capable of delivering high-performance results, even under challenging conditions.
The Toyota GR86 is one of the best sports car bargains around, but you could source a more exotic and thrilling used Porsche for the same price.
Jerry Seinfeld told the "Spike's Car Radio" podcast that he sold the Porsche 917K from "Le Mans" after turning down $25 million for the car.
The comedian said he and Mecum were actually using the auction as a high-profile advertisement for the Le Mans icon.
The Porsche 911 GT3 market can currently be described as the "perfect storm", but not for everyone. Here's how you can be in luck if the 992 GT3 is on your radar
Porsche introduces two new variants to its all-electric Macan lineup for 2025: an entry-level rear-wheel-drive (RWD) model and the Macan 4S. The RWD Macan has a rear-axle motor that delivers 335 hp; when paired with launch control, it can provide up to 355 hp in “overboost” mode.
The refreshed 992.2-generation Porsche 911 Turbo is currently undergoing on-road testing, and a quick-thinking Road & Track reader just ran into a pair of them in Colorado.
This exclusive road trip merged photography and performance driving, offering media guests a firsthand experience of Leica's innovation and the all-electric Porsche Taycan. The journey from Kuala Lumpur to Ipoh showcased the beauty of Malaysia's landscapes while highlighting Leica's legacy and Porsche's cutting-edge technology.
Porsche SE, which is scheduled to release full annual results on March 26, said the impairments on its Volkswagen and Porsche AG stakes, which are non-cash effective, ended up at 19.9 billion euros and 3.4 billion euros, respectively, both at the upper end of previously communicated ranges.
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