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Volkswagen shareholder Porsche SE says looking to diversify investments

For HV battery recalls in US, Porsche has hired a contractor to replace the modules. Link to thread for one of the recalls. For HV battery module replacement outside of recalls, modules can be replaced at US dealers. Some dealers need to wait for Porsche battery expert to fly-in to supervise the...

Satisfaction with Dealer Service Remains High but Owners Face Long Appointment Wait Times and Communication Shortfalls, J.D. Power Finds The study finds that customer satisfaction with the service of electrified vehicles—both battery-electric (BEV) and plug-in hybrid (PHEV) vehicles—continues...

Porsche SE says it is not considering sale of Volkswagen shares Not, I tell you, not.

Porsche 2024 annual report - Porsche newsroom Porsche shares fall as company warns of lower sales Porsche's earnings per share slashed by a third in 2024, keeps dividend stable Porsche slashes profit targets as executives lose sleep over Trump tariffs Porsche Cuts Profit Target From IPO...

Porsche SE suffers multibillion-euro loss following write-downs The Volkswagen holding company, Porsche SE, has slipped into the red due to multibillion-euro write-downs on its investments in VW and the sports car manufacturer Porsche AG. Porsche and Volkswagen CEO to keep dual role until...

J.D. Power 2025 U.S. Vehicle Dependability StudySM

Audi Brussels shuts down as Europe's auto woes deepen An Audi factory in Brussels billed as the "cradle" of the German carmaker's electric drive is shutting down production for good on Friday, the latest sign of the woes afflicting Europe's auto industry. The plant's closure, with the loss of...

Porsche-Piech family diversifies investments away from struggling car businesses Billionaire family in control of Volkswagen and Porsche to further diversify from auto sector Porsche SE, the Porsche-Piech family’s investment vehicle, said late on Tuesday that its portfolio of assets would...

Porsche names new CFO and sales chief in bid to revive performance Porsche AG initiates long-planned change to its Executive Board

https://www.autoevolution.com/news/porsche-boss-is-adding-a-tunnel-through-the-mountain-and-a-secret-garage-to-his-mansion-247177.html

Incredibly high taxes on some European cars mentioned in this Harry's Garage video. Car makes are in turmoil as they cancel plans for new EVs and return to ICE engined PHEVs. This wasn't meant to happen, how did they get in this mess? Well, Dieselgate is partly to blame..

Update on Feb. 14, 2025: After 20% range reduction, I’m waiting for Jaguar to buy my car back At the heart of the problem are the cells that make up the I-Pace's 90 kWh battery pack. Manufactured by an LG factory in Poland, some of the battery cells have "characteristics of a folded anode tab...

I had no idea sabotage of charging stations such as cutting and stealing cables for salvage value was a US-only problem. Thanks for the info

Yesterday I bought 18 eggs for $7.99. That's $5.33/dozen. Not sure where you are getting your egg price stories and what eggs have to do with proposed EV tax, but you do you.

Senate Republicans Propose $1000 Tax on Electric Vehicles to Fund Road Repair But it's not just closing the flow of tax credits on these senators' minds. Going forward, EV owners would be charged a one-time $1000 fee at purchase under the proposed rules. Senator Deb Fischer (R-NE) explained...

Two other related threads, for reference: A simple reason why Porsche is in serious long-term trouble Sign of the EV Times - Porsche Job Cuts

Good News! Although Porsche-Piech family holding company expects write-downs in its Porsche and VW investments to total 24 billion euros ($24.7 billion), cash flow will not be impacted. :whew: Porsche SE expects impairments to nearly double on Porsche AG stake Porsche Automobil Holding SE...

Porsche confirmed plans for new models with PHEV and internal combustion engines. The company is also expanding their Sonderwunsch and Exclusive Manufaktur programs. Porsche sales fell 3% last year and the company is expecting another decline in 2025. If that wasn’t bad enough, Porsche is...

Porsche leadership changes