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Porsche AG posts Q1 profit drop on ramp-up costs

Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.
...

Frankfurt , Brandenburg , Germany , German , Andrey-sychev , Friederike-heine , Christoph-steitz , Markets ,

Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs

Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

China , Germany , German , Chinese , Andrey-sychev , Oliver-blume , Lutz-meschke , Friederike-heine , Christoph-steitz , Volkswagen , Porsche , Bmw

BMW to invest a further $2.76 billion in key market China

BMW said on Friday it
planned to invest an additional 20 billion yuan
in its Shenyang production base in China, in a sign of the
premium carmaker's unwavering commitment to the Chinese
market.
...

Beijing , China , Berlin , Germany , Shenyang , Liaoning , German , Chinese , Oliver-zipse , Olaf-scholz , Christoph-steitz , Isabel-demetz

Porsche AG posts Q1 profit drop on ramp-up costs

FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three m...

China , Frankfurt , Brandenburg , Germany , German , Chinese , Christoph-steitz , Oliver-blume , Andrey-sychev , Lutz-meschke , Friederike-heine , Bmw

Mercedes-Benz to launch luxury electric van for Chinese market

Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA platform, the head of the carmaker's vans division told German magazine WirtschaftsWoche.
...

China , Frankfurt , Brandenburg , Germany , Chinese , German , Mathias-geisen , Christoph-steitz , Kirsten-donovan , Mercedes-benz-vans , Markets

Mercedes-Benz to Launch Luxury Electric Van for Chinese Market

Mercedes-Benz to Launch Luxury Electric Van for Chinese Market
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

France , China , Germany , Reze , Pays-de-la-loire , German , Chinese , Kirsten-donovan , Christoph-steitz , Mathias-geisen , Reuters , Mercedes-benz-vans

German utility EWE's operating profit up by more than half in 2023

Germany's EWE, one of the country's biggest utilities, on Thursday posted a 55% rise in operating profit for 2023, boosted by the group's commodity trading division that benefited from price...
-April 25, 2024 at 06:45 am EDT
- MarketScreener

Germany , Frankfurt , Brandenburg , Christoph-steitz , Friederike-heine , Markets ,

Volkswagen aims to maintain 15% market share in China in 2030, country chief says

Volkswagen
aims to preserve its market share in China at about 15% in 2030,
the head of its China business said, betting heavy investment
there will help it maintain its competitiveness against...

China , Beijing , Japan , Germany , Chinese , German , Jan-harvey , Daniel-leussink , Christoph-steitz , Oliver-blume , Sarah-wu , Brenda-goh

Naval Group Submarine Win Contested By Thyssenkrupp

Thyssenkrupp appealed against a decision by the Netherlands last month to award a contract worth billions of euros to build…

Germany , Netherlands , France , Sweden , Dutch , French , German , Swedish , Christoph-steitz , Tom-kaeckenhoff , Miranda-murray , Barbara-lewis

Volkswagen holds keys to Porsche's race against Ferrari

Volkswagen holds keys to Porsche's race against Ferrari
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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