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Porsche Doubling Spending On Electrification

Porsche Doubling Spending On Electrification. “Alongside development of our models with combustion engines, we are setting an important course for the future with this decision” STUTTGART, Germany Porsche, the luxury sports car and SUV maker owned by Volkswagen, said it is doubling investment in electromobility to more than 6 billion euros ($7.5 billion) by 2022, […]

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Autos Will Survive/Thrive After Digital Revolution, Says Porsche

Autos Will Survive/Thrive After Digital Revolution, Says Porsche. “This is just the beginning of the most fundamental transition and biggest revolution since the invention of the automobile” The automotive industry sometimes appears to be shaking in its shoes as it contemplates a future threatened by new technology. The old idea of simply making the best […]

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Porsche Plan To Double Sales Said Realistic, Achievable

VW Though Will Gain Most From Any Porsche Progress Porsche’s ambitious sales plans look achievable, although most of the profit benefit will accrue to Volkswagen. According to Commerzbank auto analyst Daniel Schwarz, Porsche’s plan to double sales by 2018 sounds ambitious but is achievable. Porsche announced in July that it believes it can sell at […]

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Will VW Porsche Merger Ever Happen?

German Probe Cuts Likelihood Of Deal Being Completed Soon Law Suits, Appeals, Dismissals, Tax Questions Create Murky Outlook But Whatever Happens Legally, Porsche Physically Destined For VW  The merger between Volkswagen and Porsche has been delayed again and some investors wonder if it will every happen. Porsche said a probe by German authorities into allegations […]

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