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Porche: Volkswagen holds keys to Porsche s race against Ferrari, ET Auto

Porche: 2024 is shaping up to be a transition year, as Porsche AG launches several new models, keeping a lid on margins ahead of a more promising 2025 for the company that is 75.4% owned by Volkswagen.

Silicon Valley Software Firm Reaches Development Agreement With Audi

Applied Intuition Inc., a Silicon Valley software company said it has reached an accord to develop automated driving software with Audi AG.

Dividends Set for Another Record as Aramco, Porsche Lift Payouts

(Bloomberg) Global dividends are on course to beat a record $1.66 trillion reached last year, according to a report by Janus Henderson Group Plc., after a raft of companies, including Saudi Aramco and Porsche AG, promised to increase payouts in 2024. Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryUnited Tells Boeing to Stop Making Its Long Delayed Max 10sChina Has Never Canceled This Many

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.

Croatia s Rimac ends joint venture with China battery maker Camel, ET Auto

Rimac: The United States last year banned goods made by two China-based companies, including Camel, as part of efforts to eliminate alleged forced labour from the U.S. supply chain.

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