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...The issue affects about 1,000 Porsche sports cars and SUVs, several hundred Bentleys, and several thousand Audi vehicles, according to people briefed on the details....
...DKB, which also runs co-branded credit cards on behalf of Porsche and Hilton, stands to lose a significant share of its €13bn in annual credit card transaction volume to Deutsche....
...Offsetting this optimism will be the cost of Porsche’s outsized bet on electric vehicles. Porsche already trails its nearest rival Ferrari....
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...The account of Porsche’s history told at its 75th anniversary began in 1948, when Ferdinand Porsche’s son Ferry — to whom Rosenberger transferred his shares — designed the first Porsche-branded sports car...
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...VW, the Porsche-Piëch family and Porsche SE, which holds the family’s VW voting stock, declined to comment....
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...VW’s Porsche, which imports all of its cars sold in China, last year vowed to fight potential new EU tariffs on Chinese carmakers....
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...The Porsche-Piech family have a controlling stake in carmaker Volkswagen and a portion of the voting rights in the newly-listed Porsche AG through the Porsche SE holding company....
...The company, which also owns brands including Audi and Porsche, said on Tuesday that its sales in China rose 1.6 per cent last year....
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...The Austrian businessman, who also sits on the supervisory board of Volkswagen owner Porsche SE, this year personally wrote to Vladimir Putin, offering to help him rebuild the Russian car industry using...
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...Porsche’s stock price has climbed more than a third since listing in September. Ferrari’s shares trade at almost 40 times forward earnings, double that of Porsche’s....
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...Wolfgang Porsche, chair of VW’s supervisory board, said he saw Döllner as a “versatile manager who has successfully mastered various projects in the Volkswagen group”....
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