The German carmaker is selling a 12.5 per cent stake of Porsche’s total share capital
The share sale, targetted to value Porsche at as much as EUR85bn – roughly the same as its parent – could deliver some 10.6 billion euros in proceeds to VW
The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development
Volkswagen confirmed a projection that deliveries will rise by as much as 10 per cent this year
Porsche saw strong performance in the Middle East in 2021, backed by new models and local collaborations. Dr Manfred Bräunl, CEO of Porsche Middle East and Africa, reveals the brand’s mobility strategy going forward
The all-electric car can accelerate from 0-100kph in 3.2 seconds
Kuwaiti entrepreneur Fahad al Sufayeh and his American partner Omid Rahravani are the introducing brokers for the Royal Falcon One in the Gulf region, which took over 10 years to build by Sweden’s Kockums shipyard
From the new Taycan launch to Porsche’s massive electrification programme, Dr Manfred Bräunl discusses the way ahead for the brand
The Porsche Taycan, the brand’s first fully electric model, offers many firsts and gives a glimpse into the future of efficient electromobility
Porsche unveiled the new 911 992 at this year’s LA Auto Show
The sportscar manufacturer will now focus on electric and hybrid cars
The car is a fitting tribute to the 70th anniversary of the iconic carmaker