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  The market capitalization surpasses Mercedes-Benz! Porsche becomes the fifth car company in the world.

  On September 29, Porsche, a luxury car brand owned by the German Volkswagen Group, was officially listed on the Frankfurt Stock Exchange under the symbol P911. The opening price was 83.10 euros, which rose to 86.78 euros in intraday trading and finally closed at 82.58 euros per share. 1.6 lower than the opening price

  Porsche Volkswagen Euro Group Automotive Volkswagen Group Market Ferdinand Nande Global shares models do not brand 2022-09-30
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  BMW achieved hundreds of billion euros in revenue for the first time, but its net profit fell by nearly 30%.

  On March 13, BMW Group released its results for the fourth quarter and full year of fiscal 2019. According to the financial report, BMW Group achieved revenue of 104.2 billion euros (817.7 billion yuan) in 2019, up 7.6 percent from 96.855 billion euros in 2018. Revenue increased, but net profit declined. BMW Group made a net profit of 5.022 billion euros (39.4 billion yuan) in 2019, down 28.9 percent from 7.064 billion euros in 2018. Among them, BMW Group's revenue was 29.366 billion in the fourth quarter of 2019.

  BMW MINI Rolls-Royce 2020-03-13
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  Porsche will invest 15 billion euros in new products in the next five years

  Porsche recently said that by 2023, Porsche will spend about 15 billion euros on new product development. In the new energy sector, Porsche will invest more than 6 billion euros in plug-in hybrid and pure electric vehicles by 2022, double the previously proposed investment of 3 billion euros. By 2025, 50% of Porsche's models on sale will be new energy models. Specific model planning, by 2020, Porsche will officially launch its first pure electric vehicle Taycan to the market. On March 12, local time, Porsche's factory in Leipzig, Germany.

  Recall 2019-03-16
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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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  Far more than BMW! ET5/ET7/EL7 goes on sale in Germany

  On November 22nd, Xilai officially announced the prices of the three models ET5, ET7 and EL7 in Germany, of which ET5 sells for 619-70900 euros (about 45.48-520900 yuan) and ET7 sells for 8.19-90900 euros (about 60 yuan).

  Price market euro Germany people RMB car contract BMW brand battery service global time user 2022-11-23
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  Volkswagen Group's profit in 2019 increased by 22% to 131 billion yuan, while the Chinese market contributed 39.9 billion yuan.

  On February 28th, Volkswagen Group released its 2019 results. According to the financial report, Volkswagen Group's full-year sales revenue was 252.6 billion euros (1.9468 trillion yuan), up 7.1 percent from 235.8 billion euros in the same period last year. Operating profit was 17 billion euros (131 billion yuan), up 21.8 percent from 13.9 billion euros last year. Operating profit excluding special project expenses was 19.3 billion euros (148.7 billion yuan), up 12.8 percent from 17.1 billion euros last year. Volkswagen Group said that Volkswagen's share of major markets has increased.

  Volkswagen Skoda Porsche Audi 2020-02-29
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  Affected by emissions gate and recall, Daimler's profit fell by more than 50% in 2019.

  German carmaker Daimler Group released its results for the fiscal year 2019 ended December 31, 2019. The results show that Daimler Group sold 3.34 million vehicles in 2019, with turnover up 3% year on year to 172.7 billion euros, while net profit fell to 2.7 billion euros from 7.6 billion euros the previous year. Daimler issued its third profit warning for fiscal year 2019 last month, saying profit before interest and tax fell by about 50 per cent to 5.6 billion euros ($6.2 billion) in 2019 from 11.1 billion euros in the same period in 2018. The reason for the decline in profits is mainly due to diesel.

  Mercedes Benz 2020-02-11
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  Porsche has revenue of 28.7 billion euros in 2020, with the largest contribution from the Chinese market.

  According to the 2020 financial report released by luxury car brand Porsche on March 19th, Porsche delivered a total of 272000 vehicles worldwide in 2020, down 3 per cent from a year earlier. However, although delivery fell year-on-year, revenue increased by 100 million euros to 28.7 billion euros from 2019. On the profit side, the sales profit in 2020 was 4.2 billion euros, a decrease of 220 million euros compared with 2019. China has made a great contribution to Porsche's ability to outperform the market under the influence of the epidemic. Data show that Porsche delivered 88968 vehicles in China in 2020.

  Porsche 2021-03-20
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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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  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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  Daimler was fined 1 billion euros for "diesel door" fraud, and 280000 Mercedes-Benz were forcibly recalled.

  Prosecutors in Stuttgart, Germany, fined Daimler between 800m and 1 billion euros for violating diesel vehicle emissions regulations, according to foreign media reports. It is understood that the German Automobile Administration found that Mercedes-Benz C-Class and E-Class cars were equipped with deceptive emission testing software, which involved passing the exhaust test by software fraud, so Germany ordered the company to recall a total of 280000 Mercedes-Benz cars. In response to this report, a spokesman for the German prosecutor's office in Stuttgart said that the investigation would not be lifted before the end of the year. Daimler also declined to comment in the face of the diesel gate incident. ...

  Daimler 2019-08-10
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  Audi reported a decline in revenue in the third quarter, but its profit rose 13% from a year earlier.

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  Audi reported a decline in revenue in the third quarter but its profit rose 13% from a year earlier. 2019-11-03
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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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  Ernst & Young report: car companies invest more than 8.4 billion euros in electric vehicles in 2018

  Ernst & Young yesterday released a report on investment in electric vehicles in the automotive industry, which showed that the global auto industry spent more than 8.4 billion euros on electric vehicle research and development in 2018, double the figure in 2017. The data in the report only show that the car factory is investing in the production line and the cost of building the factory, and does not include research and development. The data is based on the annual financial reports, investor reports and related press releases of 16 multinational automobile groups around the world from 2015 to 2018. German automobile companies represented by Daimler Group invested the most in the field of electric vehicles, in 2015-2.

  Cars electric investment euros research and development 2019-06-04
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  Renault: cut costs by 2 billion euros in three years and focus on the development of electric and commercial vehicles in China

  According to foreign media reports, French carmaker Renault will cut 15000 jobs worldwide, accounting for 10% of its total workforce, as part of Renault's plan to cut costs by 2 billion euros over the next three years. At the same time, Renault unveiled a recovery plan to boost profitability and respond to falling sales as part of a restructuring plan. Against the backdrop of the declining car market, Renault's financial situation is not optimistic. According to the financial report, Renault's operating income in 2019 was 55.54 billion euros, down 3.3% from the same period last year; net profit was 19 million euros, with a net profit loss of 141 million euros compared with last year.

  Renault 2020-05-29
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  To prevent hostile takeovers, Daimler will seek 10 billion euro credit line support

  German carmaker Daimler is in contact with a number of banks to seek credit support of about 10 billion euros (78 billion yuan) to help it cope with the impact of COVID-19 's epidemic, foreign media reported on March 27. The negotiations are still ongoing and details are expected to be released next week, and Daimler has not commented on the report. One of the problems that Daimler's financial situation has been pressing to solve. In fact, the German carmaker's financial problems emerged last year. In November 2019, Daimler announced that it would be by the end of 2022.

  Daimler 2020-03-27
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  The world's giant companies suffered huge losses of nearly 10 billion yuan in 2020, and will still be affected by "lack of core" in the future.

  Affected by the epidemic of COVID-19 in 2020, the global automobile market has been obviously affected. Although the epidemic has been brought under control, many car companies have been in trouble because of the shortage of semiconductors in 2021. Continental Group, a 150-year-old auto parts giant, has also issued a warning.

  Company 2021-03-11
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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
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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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  Daimler issued a profit warning, and its first quarter earnings are expected to decline by 70%.

  In the face of a sudden COVID-19 epidemic since 2020, it seems to have completely disrupted the rhythm of the global automobile industry. According to foreign media reports, Daimler said today that due to the spread of novel coronavirus, the market demand for Mercedes-Benz models has dropped sharply, and the group's first-quarter earnings are expected to fall by nearly 70 per cent. According to Daimler, profit before interest and tax in the first quarter after preliminary adjustment was 719 million euros (about 5.51 billion yuan), down 68.9 percent from the same period last year. Among them, Mercedes-Benz car and truck division adjusted EBIT for 603 million euros; the group is free after adjustment.

  Daimler 2020-04-23