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  Porsche reports operating income of 20.49 billion euros for the first three quarters of 2019

  According to domestic media reports, Porsche officially released financial report data for the first three quarters of this year. Porsche's operating revenue in the first three quarters of this year was 20.49 billion euros, up 7% from a year earlier, while there was also an increase in sales profits (excluding special services expenses), new car deliveries and the size of employees. Porsche's sales profit (excluding special services expenses) in the first three quarters of this year was 3.35 billion euros, up 1% from a year earlier; the return on sales was 16.3%; the sales profit was 2.81 billion euros, and the return on sales was 13.7%. Porsche delivered 202300 new cars in the first three quarters, the same as.

  Porsche reports operating income of 20.49 billion euros for the first three quarters of 2019 2019-11-01
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  In the first half of the year, many car companies lost money, BBA bikes lost profits, but Toyota still made profits.

  The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.

  Automobile enterprise 2020-08-18
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  Porsche plans to raise prices, but does not include the Chinese market

  A few days ago, Porsche released its results for the first quarter of 2023. During the reporting period, Porsche achieved operating income of 10.1 billion euros, an increase of 225.5% over the same period last year; sales profit of 1.84 billion euros, an increase of 25.4% over the same period last year; and sales return of 18.2%, basically the same as the same period last year.

  Porsche Market China Electric luxury growth Brand Global Automobile Euro Generation tradition Electric car problem sales 2023-05-05
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  Volkswagen's sales in China fell 35.1% in the first quarter from a year earlier.

  In the first quarter of this year, Volkswagen Group (China) and its joint ventures delivered a total of 613900 new cars in China, down 35.1% from the same period last year. Dr. Feng Sihan, CEO of Volkswagen China, said: "the Chinese auto market is rekindling vitality. We are optimistic about the rapid recovery of China's auto market and look forward to returning to normal in early summer. " Volkswagen Group owns 12 brands, including Volkswagen, Audi, Skoda, Audi, Porsche and so on. Among them, Volkswagen brand (including Jetta brand) delivered a total of 455800 vehicles in China in the first quarter, down 35.20% from the same period last year; Audi brand delivered in the first quarter.

  Volkswagen 2020-04-18
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  Porsche reaped a bumper harvest in 2021 and became the largest market in China.

  On March 18, luxury car brand Porsche released its financial report for 2021, which showed that Porsche's operating revenue in 2021 was 33.1 billion euros (about 232.7592 billion yuan), an increase of 4.4 billion euros from 28.7 billion euros in 2020 and a year-on-year increase of 15 percent. On the profit side, the sales profit in 2021 was 5.3 billion euros, an increase of 1.1 billion euros, or 27%, from 4.2 billion euros in 2020. In terms of vehicle sales, figures show that Porsche sold 301915 vehicles worldwide in 2021, up from 2. 5% in 2020.

  Porsche 2022-03-19
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  Porsche reported that revenue in the Chinese market increased by nearly 30%.

  On March 13, Porsche released its 2022 results, the first since the Porsche IPO. According to the financial report, Porsche's operating income in 2022 was 37.6 billion euros, an increase of 13.6% over the same period last year; the sales profit was 6.8 billion euros, an increase of 27.4% over the same period last year; and the return on sales was the same as that of the same period last year.

  Market Porsche euro China global growth sales new cars cars Germany largest luxury revenue models sales 2023-03-14
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  The target is halved to 50,000 vehicles, and Porsche's domestic speed is increased.

  Porsche, the world's most profitable and profitable car brand, released its 2018 global results: Porsche Group's operating revenue for the 2018 fiscal year was 25.8 billion euros, an increase of 10 percent over the same period last year; annual sales profit was 4.3 billion euros (about 32.659 billion yuan), an increase of about 4 percent over the same period last year. By comparison, Volkswagen earned 17.1 billion euros in 2018, Daimler Mercedes-Benz 7.6 billion euros and Ferrari 787 million euros. Porsche as a single brand, full-year sales are not high, but the profit return is very high, reaching 16.6%. And at this year's annual financial report,.

  2019-03-17
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  Volkswagen: Porsche listed employees will receive an additional bonus of more than 10,000 yuan

  Volkswagen employees will receive a year-end bonus of 3000 euros (20745.3 yuan) in 2021, which the Volkswagen union says is a recognition of Volkswagen's efforts, according to media reports such as German Automotive Weekly and Caijing Automotive. It is understood that Volkswagen employees received a bonus of 1700 euros in November last year, and Volkswagen will pay employees the remaining 1300 euros in May this year. Volkswagen employees' year-end bonus in 2021 is 300 euros (2074.53 yuan) more than in 2020. Due to the impact of the sudden outbreak of COVID-19, Volkswagen's year-end bonus was 2700 euros in 2020, but before the epidemic.

  Volkswagen 2022-03-13
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  FCA announced that the merger would be completed early next year, with a loss of 13 billion yuan in the first quarter.

  After Dongfeng Group formally approved the merger of Peugeot PSA Group and FCA Group, the merger of PSA Group and FCA Group was promoted. FCA issued a statement on May 6th that Fiat Chrysler (FCA) and Peugeot Citroen (PSA) will still merge in early 2021. The merger was first announced in October 2019 that the PSA and FCA groups will fully merge with a 50:50 stake to expand and cope with costly investment in new technologies and slowing market demand. The merger signed in December 2019.

  FCA PSA 2020-05-06
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  According to the results of multinational car companies in the first quarter, 80% of them showed a decline in revenue and profit.

  From the recent financial results disclosed by multinational car companies, it can be said to be "miserable". The operating income of multinational car companies in the first quarter generally has little impact, but the net profit has dropped sharply, including Ford, FCA, GM and other car companies. The results of the three American giants: Ford, GM, FCA Ford and FCA fell sharply in the first quarter, with Ford's operating income falling 14.9% to $34 billion and net profit plummeting 268.5% to-$2 billion. FCA's operating income fell 16.0% to $22.4 billion and net profit plummeted 43.3% to-$1.84 billion. At the end.

  Volkswagen Ford 2020-05-25
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  More than a dozen large car companies lost money, and this one lost 60 billion in half a year.

  Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. According to incomplete statistics, more than a dozen automakers have reported losses in the first half of 2020, including Volkswagen, Renault, Nissan, General Motors, Volvo, Daimler and so on. Volkswagen Group: loss 11.5 billion July 30 Volkswagen Group announced results for the first half of 2020: sales revenue of Volkswagen Group was 96.1 billion euros, down 23.2% from the same period last year; pre-tax profit loss was 1.4 billion euros (about people.

  Automobile market automobile brand 2020-08-01
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  Surpassing Volkswagen, Porsche became the fourth car company in the world.

  Porsche overtook Volkswagen to become the fourth car company in the world by market capitalization. According to the latest market capitalization list, Tesla ($740.82 billion), Toyota ($185.76 billion) and BYD ($93.93 billion) are in the top three, while Porsche has a total market capitalization of $80.62 billion, higher than Volkswagen's 76

  Porsche Euro Global Market Automobile Volkswagen Brand luxury sales Group China Volkswagen Group profit sales 2022-10-07
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  PSA Group had revenue of 15.6 billion euros in the third quarter, while DPCA sold only 10, 000 units in September.

  A few days ago, the PSA Group released the latest performance report, with operating income of 15.6 billion euros in the third quarter of this year, an increase of 1% over the same period last year. Among them, the group's automotive business unit achieved operating income of 11.8 billion euros in the third quarter, an increase of 0.1% over the same period last year. In terms of sales, PSA sales totaled 674000 in the third quarter, down 4 per cent from a year earlier. Sales fell in all major markets, with sales in Europe, the largest, falling 2.7 per cent to 569000, while sales in China and Southeast Asia fell 40.1 per cent to 29000. PSA said that in the third quarter, the group's sales in the auto business fell, the exchange rate.

  PSA Group earned 15.6 billion euros in the third quarter. 2019-10-24
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  It is revealed that Daimler plans to cut 10000 jobs and cut costs by $6.75 billion.

  Last September, Daimler announced that current CEO Zetsche will officially step down in May 2019, and will be replaced by Kang Linsong, who is a member of Daimler's board of directors and is in charge of group research and development of Mercedes-Benz. The incoming Daimler's new CEO has made it clear many times that he will make cost-cutting plans, while as the auto industry develops in new directions such as self-driving and electric cars, R & D costs are rising and will work with other car companies to reduce transformation costs. Recently, it was reported that Daimler's cost-cutting plan is more specific, and the German "Manager's Magazine" reported that it will be on May 22.

  Layoffs Daimler. 2019-04-21
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  ​ may be the third largest IPO in Europe! Porsche is finally going public.

  In February, Volkswagen made it clear that Porsche would go public independently, and now Porsche is finally going public. The German Volkswagen Group announced that its Porsche will be listed on the Frankfurt Stock Exchange on September 29th, with a maximum valuation of 75 billion euros (524.1 billion yuan).

  Porsche Volkswagen Automotive sales Group Volkswagen Market Electric Volkswagen Group China growth Global Euro data Company 2022-09-19
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  Porsche recalls more than 110000 vehicles in 5 months due to product defects in several models

  P.p1 p.p2 p.p3 p.p4 span.s1 span.s2 span.s3 span.s4 Porsche has maintained a sustained and rapid growth in China over the past 10 years due to the rise of demand in the SUV market, but due to the gradual market saturation and economic downturn and other reasons, Porsche sales are also slowly showing a decline and product quality problems. According to Porsche (China) Automobile sales Co., Ltd., it has filed a recall plan with the State Administration of Market Supervision and Administration: it will recall from October 7, 2019.

  Cars models recalls Porsche 2019-06-17
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  Porsche will give employees a bonus of 70,000 yuan, but "ask" to donate money to the society.

  After paying employees a huge bonus of 39000 after the Volkswagen brand made a profit, its Porsche brand will also pay out 9000 euros (about 69000 yuan) to encourage employees to pay over the past year. But at the same time, Porsche also asked employees to donate part of their bonuses to society. According to foreign media reports, Porsche brand recently achieved sales and profit growth due to the overall decline in the market environment in 2019. To this end, 9000 euros (about 69000 yuan) will be paid to employees as the annual bonus in 2019 to "thank all Porsche employees for the 2019 fiscal year."

  Porsche 2020-04-09
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  Porsche announced its 2019 results, with a bicycle profit of 101200 yuan.

  It is not too much to say that Porsche is the most profitable brand in the Volkswagen Group. Porsche bikes cost 92900 euros in 2019, and even Mercedes-Benz sold for only 51700 euros last year. Porsche is one of the car brands with the highest premium power in the world. According to the results released by Porsche a few days ago, the brand increased in 2019 in terms of new car deliveries, operating revenue and sales profit (excluding special services expenses) in the global market. Among them, the global delivery volume reached 280800, an increase of 10% over the same period last year; its revenue reached 26.1 billion euros, compared with 23% in 2018.

  Porsche 2020-03-21
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  Automakers collectively made huge losses, while Toyota, PSA and other companies made profits.

  As a result of the epidemic, global carmakers' losses are also expected, and Volkswagen, the world's largest Volkswagen group by sales, also posted a loss of 2.4 billion euros in the second quarter. Chain effect continues to break out, Honda, Daimler, GM, FCA, Nissan, Renault and other car companies reported huge losses, the second quarter is undoubtedly the most difficult quarter. Judging from the current financial results, only Toyota, PSA Group, Suzuki and Ford have achieved "difficult" profits. Toyota: profit of 9.8 billion yuan on August 6th, Toyota released its second-quarter results. The financial report shows that Toyota achieved revenue 4.6 in the second quarter.

  Toyota automobile brand 2020-08-08
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  All rivers run into the sea! Renault lost 141 million euros in 2019, its first annual loss in 10 years

  French carmaker Renault Automotive Group officially announced its 2019 results on February 14. The company's operating income in 2019 was 55.54 billion euros, down 3.3% from a year earlier, while net profit was 19 million euros, compared with a loss of 141 million euros ($153 million) last year, the first annual loss in 10 years, according to the financial report. Renault said car demand would remain volatile this year, announced a sharp cut in 2019 dividends and lowered its 2020 operating margin target. According to official sales figures, Renault-Nissan-Mitsubishi Alliance in 2019.

  Renault Group Coreao 2020-02-14