Hochtief Joins DAX as Porsche SE Is Demoted; Index Changes Take Effect June 22 Hochtief joins DAX on June 22, 2026, displacing Porsche Automobil Holding SE as part of a …
Porsche
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Business
Porsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down
by Leo Müllerby Leo MüllerPorsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down Porsche SE posts €923m first-quarter loss after a €1.3bn Volkswagen write-down; adjusted operating profit fell to €382m as CEO cites …
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Business
Porsche announces closure of three subsidiaries affecting about 500 jobs
by Leo Müllerby Leo MüllerPorsche subsidiary closures: Stuttgart maker to close three units and affect roughly 500 jobs Porsche subsidiary closures will shutter Cellforce, eBike Performance and Cetitec, affecting around 500 employees as the …
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Technology
Porsche Cayenne Coupe Electric launches late summer in three trims
by Helga Moritzby Helga MoritzPorsche launches Cayenne coupe EV for late summer 2026 sale Porsche will introduce the Cayenne coupe EV in late summer 2026, a high-performance electric variant of its popular SUV that …
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Business
Porsche suspends employee bonuses for 2025 for first time in years
by Leo Müllerby Leo MüllerPorsche bonus canceled for 2025 amid strained finances Porsche cancels its voluntary 2025 employee bonus as the company cites difficult economic conditions, affecting staff at German sites including Leipzig. Porsche …