Probably not, but recent investments by Porsche show they are definitely moving in that direction. Late last week Porsche SE announced two venture investments in 3D printing companies. The single digit stake investments included the US based company Markforged Inc. as well as another 3D printing specialist yet to be named. To be clear, when …
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Recent Posts from: Porsche SE
Ferdinand Piech Said to be Losing Board Seat at Porsche SE
Ferdinand Piech, former VW Chairman is reported to be losing his board seat at Porsche SE according to a report in Bild am Sonntag. In case you're not familiar, Porsche SE is the company that the Porsche and Piech families keep their holdings in Europe's largest carmaker. At the annual meeting on May 30th Porsche SE's shareholders will vote …
Continue to the full articleNot Surprisingly, The Negative Results of Volkswagen AG Hurt Porsche SE’s Performance
UPDATE 4-25-2015 Change of dividend proposal – higher dividend: The executive board and the supervisory board of Porsche SE have now come to an agreement to propose to the annual general meeting a dividend payout of Euro 1.004 per ordinary share and of Euro 1.01 per preference share. Volkswagen AG informed that, primarily due to negative …
Continue to the full articleHans-Peter Porsche Rejoins Porsche SE’s Supervisory Board
Porsche Automobil Holding SE, Stuttgart (Porsche SE) held their general annual meeting today. At the meeting, Hans-Peter Porsche* was reappointed to the supervisory board replacing His Excellency Sheikh Jassim bin Abdulaziz bin Jassim Al-Thani, who retired from his position on the supervisory board as of the end of the day on 24 March …
Continue to the full articleFerdinand Piëch Loses Power Struggle, Resigns From VW
Ferdinand Piëch, who started his career at Porsche and is forever tied to its racing success with the development of the 906, the 904 GTS and most notably the 917, has held the reigns at VW since 1993. And while Piëch is known to make news for his gutsy and audacious calls (the Bugatti Veyron, the VW Phaeton, the Audi Quattro, to name a few) he's …
Continue to the full articlePorsche Boosts Profit Again
Porsche Automobil Holding SE (Porsche SE), Stuttgart, remains on the right track. In the first three months of the current fiscal year 2011, profit after tax totaled 691 million euro. This was mainly due to the very good development of its Porsche and Volkswagen investments. The profits from investments accounted for at equity were 606 million euro …
Continue to the full articleChanges to the Supervisory Board of Porsche SE
On Friday, the annual general meeting of Porsche Automobil Holding SE, Stuttgart elected His Excellency Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani (31) as a representative of Qatar Holding LLC, Doha, onto the supervisory board of the company. He replaces the former member of the supervisory board, Mr. Hans-Peter Porsche (69), who retired from …
Continue to the full articleIs Porsche Abandoning Their Plans to Take Over VW
Earlier in the day today Porsche SE released a statement indicating their interest in forming closer ties with Volkswagen AG. The release went on to say that if the proposed plans were adopted, the two automotive companies would join to create an "integrated" car maker uniting 10 brands under one roof. But, and this is a big but, still allowing …
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