#Sport Luxury

The Sport & Luxury brand group consists of the Porsche brand. The underlying brand, Dr. Ing. h.c. F. Porsche AG has been listed on the stock exchange since September 2022.

8 contents with this tag
Porsche AG kicks off a year of product launches with determination
Porsche AG has got off to a vigorous and forward-looking start to the challenging 2024 financial year. In this year of product launches, the sports car manufacturer is renewing four out of its six model lines. The first quarter was marked by the ramp-ups of the third model generation of the Panamera and the new Taycan. In addition, large-scale investments have been made in digitalization and research and development. Accordingly, the Porsche Group recorded an expected decline in sales and earnings in the first three months. At the end of the quarter, Group sales revenue amounted to 9.01 billion euros (previous year: 10.10 billion euros). Group operating profit was 1.28 billion euros (previous year: 1.84 billion euros). Group sales revenue came in at 14.2 per cent (previous year: 18.2 per cent).
An image of a bright violet sports car parked on a racetrack, overlooking sunlit mountains in the background.
Porsche AG enters its biggest year of product launches in a strong position
Annual Press Conference 2024
Macan sets new standards: the first all-electric SUV from Porsche
Porsche is launching its second all-electric model: the new Macan with powertrains of up to 470 kW (639 PS) delivers E-Performance on any terrain and a high level of day-to-day usability. Sports car-like performance figures are matched by high-performance fast charging at up to 270 kW and up to 613 km of range in WLTP.
Portrait of the new Porsche Macan Turbo
Porsche expands partnership with Google
Porsche and Google are expanding their collaboration with the goal of enabling even deeper integration of Google services in Porsche vehicles.
Porsche logo on white background
Porsche AG posts robust growth in first nine months
Roughly a year after its successful IPO on September 29, 2022, Porsche AG again reported strong business figures for the third quarter of 2023. In the first nine months of the year, the sports car manufacturer increased both Group sales revenue and Group operating profit.
Two Porsche 911 models driving on a country road
Porsche pleased with first year after IPO
Porsche AG is looking back on its first year after its much-anticipated IPO on 29 September 2022. “Today, we can say that our IPO has been a huge success. It’s good for our customers, our shareholders and our employees as well,” says Chairman of the Executive Board Oliver Blume. “With the greater entrepreneurial freedom and flexibility, we are able to set our own priorities. We can also act more quickly and with greater focus. In a dynamic and challenging global environment, that’s more important than ever.”
CEO Oliver Blume and CFO Lutz Meschke
Brands & Brand Groups
The Volkswagen Group is undergoing the biggest transformation process in its history as it evolves from an international automotive company into a software-centric global leader in sustainable mobility by 2030.
Overview of brands
Volkswagen to start review of Porsche AG IPO
The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.