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Prosecutors extend manipulation probe to all Porsche SE board members


Prosecutors in Germany have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board. The list includes chairman Wolfgang Porsche and his cousin and VW chairman Ferdinand Piech. All 12 board members in office between March 2008 and October 2008, including labor representatives, are being looked at. Prosecutors want ...
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Porsche global sales up 25 percent in January
Porsche AG delivered a total of 12,061 new vehicles worldwide in January 2013, accounting for an increase of 25.5 percent compared to January 2012. “The new year started very well for ...
Porsche’s global sales in the first 11 months of 2012 already higher than 2011 total sales
Porsche has delivered 128,978 new vehicles globally in the first 11 months of this year, already surpassing the previous year's total sales of 118,868 vehicles. In November 2012, the Stuttgart-based sports ...
Porsche breaks ground on new North America headquarters in Atlanta
Porsche Cars North America today celebrated a landmark groundbreaking of its new headquarters in Atlanta, Georgia. The 26.4-acre site, which will be known as One Porsche Drive, is located near Hartsfield-Jackson ...
Porsche sales up 28.1 percent in the first nine months of 2012
Porsche AG has boosted its sales by 28.1 percent to €10.15 billion in the first nine months of the 2012 fiscal year. Volume sales increased by 20.2 percent to 103,245 vehicles, ...
Porsche’s August Sales Up 21%
In August Porsche reported global sales up 20.8% to 10,912 units, compared with the same period last year. “Thanks to our strong brand, along with the most attractive range of models ...
Porsche July Sales Up 16% Due to China and Germany Demand
In July Porsche reported sales of 12,391 vehicles, up 16% compared with July 2011, due to increased demand in China and Germany. "We are confident that we will see solid growth ...
Porsche plans to save money with rapid VW integration
Porsche SE is pushing for rapid integration of the German sports car maker into Volkswagen to pave the way for cost savings and to erase debt. Porsche SE, which owns 50.7 ...
Porsche to avoid taxes in VW deal
Volkswagen AG said Saturday it may be able to complete the merger with Porsche AG without paying any taxes, Wirtschaftswoche reported, without saying how it got the information. "The evaluation hasn't ...
Porsche global sales up 7.2% in April
Porsche, the maker of the iconic 911 Turbo said Monday global sales in April rose 7.2 percent on the year to 12,588 vehicles, fueled by the new-generation 911 model. "With a ...

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