Live Breaking News & Updates on Lutz meschke

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities
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Porche 2024 Outlook: Porsche expects lower returns in 2024 as it launches new models, ET Auto

Porche 2024 Outlook: "In the medium term, we are sticking to our forecast of an operating return on sales of around 17% to 19%," Porsche s finance chief Lutz Meschke said in a statement. "And, in the long run, we are aiming for a group operating return on sales of more than 20%."

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Vehicle software supplier Applied Intuition raises $250 mln at $6 bln valuation

U.S.-based vehicle software
supplier Applied Intuition has raised $250 million in its latest
Series E funding round, valuing it at $6 billion, the company
said in a statement on Tuesday.
.

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Porsche Expects Lower Returns in 2024 as It Launches New Models

Porsche Expects Lower Returns in 2024 as It Launches New Models
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Porsche Annual Earnings, Sales Up On Strong Demand

Porsche Annual Earnings, Sales Up On Strong Demand
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Porsche warns of fall in profitability but hikes dividend on strong 2023 results

Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.

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Porsche expects lower returns in 2024 as it launches new models

German luxury carmaker Porsche expects profitability to tick downwards in 2024 as it focuses on launching four new models, the company said on Tuesday, posting robust full-year results for 2023.

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Vehicle Software Supplier Applied Intuition Raises $250 Million at $6 Billion Valuation

Vehicle Software Supplier Applied Intuition Raises $250 Million at $6 Billion Valuation
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Vehicle software supplier Applied Intuition raises $250 million at $6 billion valuation

(Reuters) - U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday. The financing was led by Bilal Zuberi, general pa.

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Porsche warns profit margins will fall as it refreshes line-up

Luxury-car maker investing in new models, including a hybrid version of 911 model

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