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EXPLAINED: Porsche ag | Vintage Vibes

TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential

TCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 million in an all-cash transaction. The acquisition, expected to close in 3–4 months, will deepen TCS’ relationship with Porsche and strengthen its AI transformation…

The Economic Times

TCS to acquire Porsche IT unit MHP for €320 million

Tata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition is part of a wider strategic partnership that includes a five-year, €1.25 billion deal to deploy artificial intelligence across Porsche's engineering, manufacturing, operations and customer experience businesses.

The Economic Times

Porsche Motorsport boss reaffirms program stability amid corporate realignment

Porsche Motorsport Vice President Thomas Laudenbach confirms the two-car Penske program will continue as planned despite major factory cutbacks

Motorsport

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Porsche profit jumps 34% despite China slump and falling sales

Porsche maintained its full-year guidance as cost-cutting and stronger 911 sales lifted profit, despite a 32% fall in Chinese deliveries and plans to eliminate thousands of jobs by 2035.

Euronews

Porsche's €3.9bn writedown cuts automotive profit by 98% in EV retreat

Two one-time charges nearly wiped out Porsche AG's operating profit in 2025, a collapse that highlights the challenges that lie ahead for Europe's long-term EV strategy.

Euronews

Porsche Has a New CEO

After months of internal pressure and mounting dissatisfaction from investors, Porsche has announced that it will replace CEO Oliver Blume. The company confirmed today, via an official statement from the Supervisory Board, that negotiations have begun for an early and mutually agreed termination of Blume's mandate as head of Porsche…

Motor1

Porsche is leaving Frankfurt’s DAX index amid US tariff turmoil

The German luxury carmaker is set to leave the group of the 40 largest companies listed on the Frankfurt Stock Exchange, along with healthcare company Sartorius. Porsche CEO Oliver Blume is aiming for a speedy return to the leading index.

Euronews

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Even Porsche Sales Are Down in 2025

The tariff war is making things tough for every automaker, and Porsche is no exception. The German brand was having issues before the Trump administration announced 25-percent tariffs on vehicles imported to the United States, but now we have a better understanding of the situation following the company's first-quarter financial…

Motor1

Porsche reports significant plunge in European and Chinese deliveries

Although North American deliveries soared 37% in the first three months of the year, they were not enough to offset Porsche’s steep falls in other key markets.

Euronews

How Porsche runs its 963 customer car programme in the WEC

Porsche returned to the top echelon of sportscar racing this year for the first time since its wildly successful 919 Hybrid programme came to a conclusion in 2017. And on this occasion, Porsche’s presence goes beyond just a factory team, with a number of privateers running the 963 LMDh in…

Autosport

Hyderabad set to drop off Formula E calendar in 2024

Motorsport.com understands that the organising team behind the event was disbanded at the end of August after the promoters pulled funding from the race.

Motorsport

Hyderabad set to drop from Formula E calendar in 2024

Autosport understands that the organising team behind the event was disbanded at the end of August after promoters pulled out funding from the race.

Autosport

Porsche Scratch-Built Model Collection Features 917s, 908s, Tiny Steve McQueen

Lothar Wunsche created the 1:5 scale models, including a replica of the 908 camera car used for the movie Le Mans.

Motor1

Porsche North America CEO Kjell Gruner Makes Abrupt Exit From Company

The automaker hasn’t announced a replacement yet.

Motor1

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Irish Mirror

Porsche billionaire files for divorce from elderly wife 'due to her dementia'

Wolfgang Heinz Porsche is a German-Austrian shareholder and chairman of the Supervisory Board of Porsche Automobil Holding SE, as well as of Porsche AG

Daily Mirror

Porsche billionnaire moves in with girlfriend after divorcing dementia-sufferer wife

Tycoon Wolfgang Porsche, who has filed for divorce from wife Claudia Porsche after saying the disease dementia has changed her, has reportedly moved in with Princess Inaara Aga Khan - also known as Gabriela Prinzessin zu Leiningen

Bristol Post

Porsche billionaire divorcing wife, 74, over 'dementia-like illness'

Sources close to the family say Wolfgang Porsche and Claudia's lives have been turned upside down following her diagnosis and created barriers between them

Glasgow Live

Billionaire Porsche boss wants to divorce wife 'because she has dementia'

Sources close to wealthy Woflgang Porsche and his sick wife, 74-year-old Claudia, say the illness has changed her personality and made living together impossible.

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Daily Record

Porsche billionaire files for divorce from elderly wife 'due to her dementia'

Wolfgang Porsche, 79, has filed for divorce from his wife Claudia, 74, who has allegedly developed a dementia-like illness which has caused changes to her her personality

Edinburgh Live

Porsche billionaire files for divorce from wife as 'dementia changes her personality'

Wolfgang and Claudia have been together since 2007 and married in 2019. The Porsche family's assets have been estimated at 20 billion Euros (around £18 billion).

Daily Mirror

Porsche billionaire files for divorce from wife, 74, 'because she has dementia'

Porsche executive Wolfgang Porsche has filed for divorce from Claudia Porsche saying that the illness has led to changes in her personality

Motorsport

The TAG Heuer Porsche Formula E Team aims for another top result in Cape Town

With the Cape Town E-Prix on 25 February, the innovative electric racing series celebrates its second premiere of the ABB FIA Formula E World Championship season. The TAG Heuer Porsche Formula E Team fields two Porsche 99X Electric in the picture postcard setting of the South African metropolis.

Autosport

Porsche takes lead in Formula E championship with podium in India

Porsche has achieved a strong team performance at the Hyderabad E-Prix: After a spirited race with the Porsche 99X Electric, António Felix da Costa clinched third place – his first podium result of the season and his first as a Porsche works driver. His team-mate Pascal Wehrlein took the flag…

Motorsport

Porsche takes the lead in the ABB FIA Formula E World Championship with a podium result in India

Porsche has achieved a strong team performance at the Hyderabad E-Prix: After a spirited race with the Porsche 99X Electric, António Félix da Costa clinched third place – his first podium result of the season and his first as a Porsche works driver.

Motor1

Porsche Panamera Mistakenly Advertised By Dealer In China For $18,000

Hundreds of buyers responded to the ad, plunking down deposits, requiring Porsche AG to help resolve the matter.

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