On 7 November, the 100,000th Taycan rolled off the production line. The milestone car left the assembly line about three years after production first started at the main plant in Zuffenhausen in September 2019. The Neptune Blue Taycan Turbo S is destin…
Tag: Porsche
New Formula E Porsche 99X Gen3 celebrates world premiere
With the Porsche 99X Electric Gen3, Porsche heads into a new era of Formula E. The electric racing car, which underwent an evolution in the Porsche Development Centre in Weissach, celebrated its world premiere in the Porsche Experience Center in Fr…
Porsche Taycan hits major production landmark
Porsche announced today that the company has produced its 100,000th Porsche Taycan since the vehicle’s launch. The 100,000th Porsche Taycan, a Neptune Blue Taycan Turbo S headed to the U.K., marks a significant achievement in manufacturing for the vehicle and a dramatic shift in Porsche’s philosophy. The Taycan has shown that even the most motorsport […]
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Porsche unveils smaller, lighter, faster Formula E race car, the 99X
Formula E is getting a lot faster in 2023 with the introduction of a new race car.
Porsche stock hits record high after stellar earnings report
Stock in the German automaker Porsche has hit record highs today after the company posted a stellar earnings report for Q3. In short, Porsche (XETRA: P911) had an incredibly successful quarter, especially regarding financials. The company has increased revenue by 41% in the first nine months of the year compared to last year, totaling just […]
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Los Angeles Auto Show will host unveilings with EVs taking center stage
Numerous automakers are expected to unveil new and upcoming models at the Los Angeles Auto Show next month, and electric vehicles will take center stage. Hyundai, Kia, Genesis, Subaru, and Porsche are some of the brands expected to unveil new vehicles at or just before the November 17th Los Angeles Auto Show, also known as […]
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Volkswagen Group’s all-electric deliveries up 25 percent after nine months
The Volkswagen Group continued to drive forward its successful global electric offensive. The deliveries of all-electric vehicles were up 25 percent in the first nine months year-on-year. Despite ongoing supply constraints, 366,400 BEVs have been hande…
Volkswagen toppled as Europe’s most valuable automaker
Porsche has recently toppled Volkswagen to become Europe’s most valuable automaker at 85 billion euros. According to Reuters, Porsche (XETRA: P911) stock temporarily surged, making the German sports car manufacturer the most valuable European automaker. Porsche stock temporarily hit 93 euros per share, giving the company a valuation of 85 billion euros, over 5 billion […]
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Volkswagen is financially ready for electrification, says CFO
Volkswagen CFO Arno Antlitz said that the auto group is in an excellent financial position to fund electrification. According to Reuters, the Volkswagen CFO clarified that he believes the auto group is financially ready for electrification. From the auto group’s Porsche IPO today and Volkswagen’s relatively high operating profit margin, continued investment into electrifying their […]
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Porsche IPO explodes onto German stock exchange
The Porsche brand’s initial public offering today exploded onto the German stock exchange in Frankfurt. Earlier this year, Volkswagen Group (VWAGY) decided to list its Porsche brand on the German stock exchange, and estimates had already placed it as one of the largest IPOs in German history. Today, they completed that task, listing the Porsche […]
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