Porsche’s IPO may be significantly discounted
Porsche has long announced it will get listed on the stock exchange. However, a case of bad timing could mean the car brand may have to reduce its valuation target to pull through. The company […]
Porsche believes it can make more money selling EVs
Porsche is telling investors that it can be more profitable selling EVs ahead of its potential listing. This is at least according to Chief Financial Officer Lutz Meschke. During this week’s Porsche Capital Days, Meschke […]
Volkswagen CEO Herbert Diess steps down
In a complete surprise, Volkswagen’s Chief Executive Officer Herbert Diess announced that he is leaving the company on September 1. Oliver Blume, CEO of Porsche, will take over the VW CEO role. Blume had long […]
Porsche edges out Tesla to take top spot in J.D. Power 2022 APEAL study
After two consecutive years at the top of the rankings, Porsche has edged out Tesla in the J.D. Power 2022 APEAL study. Porsche scored a total of 888 points (out of 1,000), while Tesla was […]
A giant Porsche Taycan software update is on the horizon
Whether you have been driving your Porsche Taycan since 2020 or just picked it up, a comprehensive software update is on the horizon. Porsche announced that the company will release an all-vehicle software update on […]
Porsche CEO confirms plans to introduce new “sporty” electric SUV
Porsche CEO Oliver Blume has confirmed his company plans to introduce a high-end electric SUV to their lineup of vehicles. The German automaker already has plans to introduce an electric version of their Macan SUV, […]
Porsche Insurance launches in Canada
While Tesla owners in Canada wait for the expansion of Tesla Insurance, Porsche customers can now sign up for Porsche Insurance north of the border. The German automaker announced this week they are partnering with […]
Porsche recalls 12,000 Taycans over screens going black
Porsche is recalling more than 12,000 Taycan units sold in the US due to problems with the center screen. The touch-enabled console has software issues that could make it go black. According to the National […]
Diess expects VW EVs to be as profitable as their ICE vehicles sooner than expected
The Volkswagen group is excepting their electric vehicles (EVs) to be as profitable as their internal combustion engine (ICE) vehicles sooner than planned. Previously, VW predicted that it would take between two and three years. […]
Air Canada Chauffeur Service goes electric with Porsche Taycan
Air Canada has teamed up with Porsche to electrify its chauffeur service at Toronto Pearson International Airport (YYZ). Previously powered by a fleet of internal combustion engine BMWs, the new Porsche fleet will consist of […]
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