Tag: VW

@VW Group: Porsche 963: successful tests on legendary US racetrack005799

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche 963: successful tests on legendary US racetrack005799

German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005244

Presentation of the Porsche Taycan at the LA Auto Show in Los Angeles 2019 The market is preparing for new shares: The sports car manufacturer Porsche is planning an IPO for the end of September. He expects a valuation of 70 to 75 billion euros. The company officially announced its intention on September 5th. The… Continue reading German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005244

EV market share in Southeast doubles as industry brings almost $33 billion to the region

If you see more electric vehicles across the southern United States, it’s not just you. According to the annual Transportation Electrification in the Southeast report, EV market share in the region doubled from last year with Tesla and Hyundai leading the way. And, perhaps more important, the industry’s growth is bringing new jobs to the region. The Southeast… Continue reading EV market share in Southeast doubles as industry brings almost $33 billion to the region

German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241

Porsche Center Dortmund The IPO is imminent. (Photo: Bloomberg) The largest IPO in Europe for more than ten years starts on Tuesday: Then investors can place their orders for shares in Porsche AG. The stock exchange prospectus required for this was published on Monday evening. With the IPO, the sports car manufacturer is to receive… Continue reading German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241

German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240

Porsche logo Investment bankers are hoping that Porsche’s IPO will act as some sort of icebreaker. (Photo: Reuters) Despite the economic crisis, fears of inflation and market turbulence, the VW Group is serious about the largest German IPO in a quarter of a century. However, the response from investors is mixed. “With Porsche, one of… Continue reading German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240

Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.

Volkswagen said late Sunday that it planned to sell shares in Porsche, the luxury sports car brand it owns, at a valuation of up to $75 billion, setting the stage for one of the biggest stock market debuts of the year. At that level, Porsche — maker of the 911 sports car and the Taycan… Continue reading Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.

Tesla is aiming for massive sale ramp-up in Germany

Tesla is reportedly aiming for a massive sale ramp-up in Germany to 80,000 vehicles in 2022, powered by Gigafactory Berlin. Germany is an important auto market in Europe and one that is difficult to penetrate for foreign automakers because of the strong local industry with companies like Volkswagen, BMW, and Mercedes-Benz. Tesla has made some… Continue reading Tesla is aiming for massive sale ramp-up in Germany

Porsche IPO to raise up to $9.4 billion for parent VW

Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.4 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s largest listing in more than a decade. The German carmaker said late Sunday it is seeking a valuation of 70 billion to 75 billion… Continue reading Porsche IPO to raise up to $9.4 billion for parent VW

@VW Group: Lamborghini LMDh prototype car will fit a V8 twin-turbo hybrid engine005796

The internal combustion V8 twin-turbo is the first racing engine fully developed by Squadra Corse Sant’Agata Bolognese, 19 September 2022 – Lamborghini Squadra Corse has unveiled the first technical specifications of its LMDh project for its upcoming venture into the Hypercar class of the FIA World Endurance Championship and the GTP class of the IMSA WeatherTech… Continue reading @VW Group: Lamborghini LMDh prototype car will fit a V8 twin-turbo hybrid engine005796