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Volkswagen mulls listing of Porsche AG unit: source

Volkswagen mulls listing of Porsche AG unit: source
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

Emelia sithole matariseEmma thomassonKirsti knolleAston martinLutz meschkeJan schwartzChristoph steitzPorsche automobil holdingFiat chryslerஎம்மா தோமசன்ஆஸ்டன் மார்டின்லூட்ஸ் மேஸ்ச்சிகேஜான் ஸ்க்வார்ட்ஸ்கிறிஸ்டோஃப் ஸ்டேத்ஜுபோர்‌ஶெ ஆட்டோமொபில் வைத்திருத்தல்ஃபியட் கிறைஸ்லர்

Porsche Automobil Projects FY20 Group Result After Tax To Reach EUR 2 6 Bln

Porsche Automobil Projects FY20 Group Result After Tax To Reach EUR 2.6 Bln STUTTGART (dpa-AFX) - Porsche Automobil Holding SE (POAHY.PK, POAHF.PK) said Friday it now expects its fiscal 2020 group result after tax to reach about 2.6 billion euros, based on its current knowledge. Porsche Automobil holds the majority stake in German auto maker Volkswagen AG. The company noted that the group result after tax is influenced significantly by the attributable at equity result from its capital stake in Volkswagen AG of about 31.4 percent, and thus by the group result after tax of Volkswagen AG. In addition to the operating result, the group result after tax of Volkswagen AG includes additional components, such the financial result and taxes on income.

Porsche automobilVolkswagen groupPorsche automobil holdingAutomobil holdingபோர்‌ஶெ ஆட்டோமொபில்வோக்ஸ்வாகன் குழுபோர்‌ஶெ ஆட்டோமொபில் வைத்திருத்தல்ஆட்டோமொபில் வைத்திருத்தல்

Most Porsche Sales to Be Electric Cars by 2030: Bild

Most Porsche Sales to Be Electric Cars by 2030: Bild Bloomberg 2/7/2021 Richard Weiss © Bloomberg A Taycan luxury electric automobile, manufactured by Porsche SE, sits charging at the Porsche Automobil Holding SE center in Hamburg, Germany, on Wednesday, Aug. 5, 2020. Porsche SE are due to report their half-year earnings on Monday, Aug. 10. (Bloomberg) By the end of this decade, more than 80% of all vehicles sold by Dr Ing hcF Porsche AG will be electric, Chief Executive Officer Oliver Blume told Bild am Sonntag in an interview published Sunday. This will include fully electric and hybrid variants, while Porsche will continue to offer its 911 model with internal combustion engines, albeit able to handle synthetic fuels, the newspaper cited the executive as saying.

Bloomberga taycanOliver blumePorsche automobil holdingChief executive officer oliver blumeஆலிவர் ப்ளூம்போர்‌ஶெ ஆட்டோமொபில் வைத்திருத்தல்தலைமை நிர்வாகி அதிகாரி ஆலிவர் ப்ளூம்

GameStop Mania Reveals Power Shift on Wall Street---and the Pros Are Reeling

GameStop Mania Reveals Power Shift on Wall Street -and the Pros Are Reeling © Gabriela Bhaskar/Bloomberg News The power dynamics are shifting on Wall Street. Individual investors are winning big at least for now and relishing it. An eye-popping rally in shares of companies that were once left for dead including GameStop Corp., AMC Entertainment Holdings Inc. and BlackBerry Ltd. has upended the natural order between hedge-fund investors and those trying their hand at trading from their sofas. While the individuals are rejoicing at newfound riches, the pros are reeling from their losses. Long-held strategies such as evaluating company fundamentals have gone out the window in favor of momentum. War has broken out between professionals losing billions and the individual investors jeering at them on social media. Meanwhile, the frenzy of activity is stirring regulatory and legal concerns.

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Turning coronavirus corner, Volkswagen s profit falls less than feared

3 Min Read BERLIN/LONDON/FRANKFURT (Reuters) - Volkswagen’s profit almost halved last year due to the impact of the pandemic, but a rebound in premium car sales in China and stronger deliveries in the fourth quarter helped keep the world’s largest carmaker in the black. The group said on Friday operating profit, excluding costs related to its diesel emissions scandal, came in at 10 billion euros ($12.2 billion), compared with 19.3 billion in 2019. Analysts had expected an operating profit of 4.8 billion euros, according to Refinitiv Eikon data. Net cash flow at its automotive division was around 6 billion euros and car deliveries picked up towards the end of the year, the German group said in a statement.

Kirsti knolleMark potterMaria sheahanNick careySusan fentonChristoph steitzThomson reuters trust principlesEuropean automobile manufacturer associationPorsche automobil holdingRefinitiv eikonFiat chryslerThomson reuters trustகுறி பாடர்மரியா ஷீஹான்நிக் கேரிசூசன் ஃபெண்டன்