Porsche to pare development costs by VW synergies ( Sat, 29 Nov 2008 15:32:06 +0100) FRANKFURT, Nov 29 (Reuters) - German carmaker Porsche plans to lower its development costs to below 10 percent of sales by sharing research centres with Read more UPDATE 1-Hanover court rules against Porsche in VW case ( Thu, 27 Nov 2008 10:27:38 +0100) (Adds background) HANOVER, Germany, Nov 27 (Reuters) - A German regional court upheld on Thursday corporate statutes at Volkswagen that effectively let Read more
Porsche may renew 10 bln eur credit line in 2009 ( Wed, 26 Nov 2008 17:45:07 +0100) STUTTGART, Germany, Nov 26 (Reuters) - Porsche SE will most likely renew a 10 billion euro ($12.96 billion) credit line that expires at the end of March Read more
RPT-Porsche renews dollar hedges at weaker rates - CFO ( Wed, 26 Nov 2008 11:31:33 +0100) (Repeats to additional Reuters clients) STUTTGART, Germany, Nov 26 (Reuters) - Porsche had no choice but to renew expiring currency hedges for its dollar Read more
Porsche Presents First Look at Panamera ( Mon, 24 Nov 2008 18:54:56 +0100) Porsche also is preparing a fuel-efficient version of the Panamera with hybrid drive. Read more
Porsche shows off new fourth model, the Panamera ( Mon, 24 Nov 2008 15:47:59 +0100) FRANKFURT, Nov 24 (Reuters) - German sports car maker Porsche offered for the first time on Monday a brief glimpse of its most important new product in Read more
UPDATE 1-Volkswagen keeps committee limiting Porsche power ( Fri, 21 Nov 2008 18:58:07 +0100) * Volkswagen decides to "optimise" key committee * Volkswagen shares end up 4.3 pct, Porsche down 2.1 pct FRANKFURT, Nov 21 (Reuters) - Volkswagen's supervisory Read more Cayenne Finally Gets Diesel ( Fri, 21 Nov 2008 17:57:06 +0100) The engine initially will be sold only in Europe, and Porsche says there are no plans to bring the diesel to the U.S. Read more German stocks - Factors to watch on Nov 21 ( Fri, 21 Nov 2008 07:35:37 +0100) FRANKFURT, Nov 21 (Reuters) - The following are some factors that may move German stocks on Friday: PORSCHE The sports car maker will dip into the toolkit Read more Audi to supply diesels for Porsche Cayenne ( Thu, 20 Nov 2008 20:10:45 +0100) FRANKFURT, Nov 20 (Reuters) - Porsche will dip into the toolkit of Audi, Volkswagen's premium brand, to furnish its Cayenne sport utility vehicle with Read more Porsche 911 Upgrades Trickle Down to 09 Boxster, Cayman ( Thu, 20 Nov 2008 16:59:14 +0100) Mid-cycle changes for the mid-engine sports cars include the addition of direct injection and dual-clutch gearboxes, as well as revised fascias and a new infotainment system. Read more
Porsche to Begin Audi Imports in Ukraine ( Fri, 14 Nov 2008 20:17:14 +0100) TOV Porsche Ukraina, which has been importing VW vehicles since April, takes over the Audi brand from locally owned Vipos. Read more Porsche says not interested in buying Conti stake ( Fri, 14 Nov 2008 12:54:16 +0100) FRANKFURT, Nov 14 (Reuters) - German carmaker Porsche denied market talk on Friday it could be interested in buying a stake in German automotive supplier Read more Fund says Porsche broke laws over VW stock -paper ( Sun, 09 Nov 2008 16:25:49 +0100) FRANKFURT, Nov 9 (Reuters) - Germany's largest retail fund company, DWS, accused Porsche SE of intentionally breaking domestic securities laws by cornering Read more REFILE-DWS Fund says Porsche broke laws over VW stock -paper ( Sun, 09 Nov 2008 16:25:59 +0100) (Corrects to add fund name DWS in headline) FRANKFURT, Nov 9 (Reuters) - Germany's largest retail fund company, DWS, accused Porsche SE of intentionally Read more
UPDATE 1-VW hedges lift Porsche FY pretax above revenue ( Fri, 07 Nov 2008 16:25:36 +0100) * fiscal 2007/08 pretax profit 8.57 billion euros * EBT beats expectations due to considerable hedging gains * shares outperform European automotive peers Read more
WRAPUP 3-Ford posts $3 bln loss, Toyota shares dive ( Fri, 07 Nov 2008 13:19:49 +0100) *Ford Q3 posts $2.98 bln operating loss *Toyota shares drop as much as 13 pct *GM set to report Q3 loss *BMW, Mercedes monthly sales slide ahead of Porsche Read more
Lower Saxony to fight Porsche control of VW -Wulff ( Sun, 02 Nov 2008 15:11:41 +0100) FRANKFURT, Nov 2 (Reuters) - The German state of Lower Saxony plans to fight Porsche SE's plans to take full control of carmaker Volkswagen by making Read more NEWSMAKER-VW deal shows Porsche CFO worth his weight in gold ( Sat, 01 Nov 2008 18:16:07 +0100) By Christiaan Hetzner FRANKFURT, Nov 1 (Reuters) - In search of a new finance chief, Deutsche Bank in March chose to dip into German luxury carmaker BMW's Read more 'VW Law' still blocks Porsche control plan -VW CFO ( Thu, 30 Oct 2008 18:21:47 +0100) FRANKFURT, Oct 30 (Reuters) - Porsche SE will only achieve its aim of taking full operational control of Volkswagen by next year's annual meeting if the Read more
UPDATE 3-VW shares halve as Porsche eases short squeeze ( Wed, 29 Oct 2008 14:17:03 +0100) * Porsche settles options to create liquidity in VW stock * VW stock nearly halves, dragging DAX down with it * Frankfurt exchange to lower VW index weighting Read more
UPDATE 2-VW shares nearly double as Porsche control move ( Mon, 27 Oct 2008 13:11:07 +0100) (Rewrites throughout, adds new analysts) By Christiaan Hetzner FRANKFURT, Oct 27 (Reuters) - Volkswagen shares nearly doubled in price on Monday as short Read more
UPDATE 1-VW shares jump 75 pct on Porsche control move ( Mon, 27 Oct 2008 09:58:59 +0100) FRANKFURT, Oct 27 (Reuters) - Volkswagen shares rose by 75 percent in early trade on Monday on weekend news that sports car maker Porsche SE plans to Read more Porsche owns 74 pct of Volkswagen, aims to dominate ( Sun, 26 Oct 2008 17:58:45 +0100) FRANKFURT, Oct 26 (Reuters) - Porsche SE plans to gain control of over 75 percent of Volkswagen in order to pass a domination and profit transfer agreement Read more UPDATE 1-Porsche owns 74 pct of Volkswagen, aims to dominate ( Sun, 26 Oct 2008 17:59:05 +0100) (Adds details, comments from VW, Lower Saxony) By Christiaan Hetzner FRANKFURT, Oct 26 (Reuters) - Porsche SE plans to gain control of over 75 percent Read more