Last $8.62 USD
Change Today +0.111 / 1.30%
Volume 83.0K
POAHY On Other Exchanges
As of 8:10 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

porsche automobil-unsp adr (POAHY) Snapshot

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04/22/14 - $11.24
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porsche automobil-unsp adr (POAHY) Details

Porsche Automobil Holding SE, an investment holding company, develops, produces, and sells passenger and sports cars, light commercial vehicles, trucks, and buses. It is also involved in financing, leasing, banking, and insurance activities. The company sells its products under the Volkswagen, Audi, ŠKODA, SEAT, Bentley, Lamborghini, Porsche, Bugatti, Scania, and MAN brands. It operates primarily in Europe, North America, South America, and the Asia-Pacific. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft. Porsche Automobil Holding SE is headquartered in Stuttgart, Germany.

35 Employees
Last Reported Date: 08/6/14

porsche automobil-unsp adr (POAHY) Top Compensated Officers

Chairman of the Board of Management
Total Annual Compensation: €791.6K
Chief Financial Officer and Member of the Exe...
Total Annual Compensation: €560.5K
Member of Executive Board, Chairman of Manage...
Total Annual Compensation: €2.0M
Member of Executive Board
Total Annual Compensation: €745.1K
Compensation as of Fiscal Year 2013.

porsche automobil-unsp adr (POAHY) Key Developments

Porsche Launches Panamera Exclusive Series at Los Angeles Auto Show

Porsche AG launched its Panamera Exclusive Series, a limited-edition version of the model, at the Los Angeles Auto Show. The model features two-tone black metallic and chestnut paintwork and 20-inch alloy wheels, hand-made emblems located behind the air vents, interiors with wall-to-wall Poltrona Frau brown leather upholstery with chestnut contrast stitching, burl walnut wood and piano black trim, Porsche's new Rear Seat Entertainment System Plus with two high-resolution 10.1-inch screens, an integrated DVD player and a Burmester surround sound system. It is equipped with a twin-turbocharged 4.8-litre V8 engine that delivers 560bhp and 553 lb-ft. of torque. It accelerates from zero to 62mph in 3.7 seconds and reaches a top speed of 192mph. Porsche is producing 100 units of the vehicle globally and it will be available in left-hand drive markets. The model is to be priced from EUR 249,877.

Porsche Automobil Holding SE Says US Proceedings over Volkswagen Takeover Attempt Closed

The legal proceedings in the US against Porsche Automobil Holding SE have been closed, as the deadline for the remaining plaintiffs to file their complaints with the Supreme Court expired last November 14, 2014. Porsche had to face complaints for billions in connection with its failed attempt to take over Volkswagen back in 2008. Investors claimed they had lost a lot of money after a press release by Porsche, unveiling its acquisition plans. Originally, a total of 78 complaints were filed in the US. The New York State Supreme Court dismissed the applications that were filed with it, establishing it had no jurisdiction because the case had taken place outside the US. The litigation in Germany is still running with several lawsuits in courts in Stuttgart, Braunschweig and Hanover. According to Porsche`s spokesman, six of the eight remaining plaintiffs have also filed complaints in Germany.

Porsche Reports Sales Results for the Month and Year to Date Ended October 2014

Porsche reported sales results for the month and year to date ended October 2014. For the month, the company reported sales rose 18% worldwide. For the year to date, the company reported sales came to 36,021, up 18.5% from 30,406 in the period last year.


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