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Results for "Porsche"

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TCS's Porsche Deal Under Scrutiny
Businessndtv1h ago

TCS's Porsche Deal Under Scrutiny

A 3,700 crore rupee deal between TCS and MHP, Porsche AG's Germany-based automotive and industrial consulting subsidiary, is being examined for its true implications, with questions raised about its nature.

TCS Acquires Porsche's IT Unit and Secures $1.46 Billion Deal
BusinessTimes of Indiadaily-mirror-lk4h ago2 sources

TCS Acquires Porsche's IT Unit and Secures $1.46 Billion Deal

India's Tata Consultancy Services (TCS) is set to acquire Porsche's IT unit for $373 million and has secured a five-year deal worth $1.46 billion. This strategic move expands TCS's presence in the automotive technology sector.

Luxury Cars Seized in Assam Fraud Case
Businessndtv16d ago

Luxury Cars Seized in Assam Fraud Case

Luxury vehicles, including a Porsche and a Mercedes, have been seized in Assam as part of a fraud investigation. The accused allegedly operated a marketing scheme, with the probe initiated by the CBI's anti-corruption branch in Guwahati.

Mercedes-AMG Unveils GT 53 Electric Sedan
Businessindex-hr17d ago

Mercedes-AMG Unveils GT 53 Electric Sedan

Mercedes-AMG has introduced the GT 53, an entry-level electric sedan boasting 544 horsepower, a range of 809 km, and a price point of €115,430, positioning it as a direct competitor to the Porsche Taycan 4S.

Germany's Industrial Sector Faces Job Losses
Businesshotnews26d ago

Germany's Industrial Sector Faces Job Losses

Germany's industrial sector is experiencing significant job losses, with Volkswagen planning to cut over 50,000 jobs globally and Porsche announcing plans to eliminate an additional 5,000 positions.

Porsche Plans Significant Workforce Reduction by 2035
Businessseeking-alpha28d ago

Porsche Plans Significant Workforce Reduction by 2035

Porsche aims to cut one-fifth of its workforce by 2035 as part of restructuring efforts, with challenges in the Chinese market being a contributing factor. This move signals a major shift in the company's operational strategy.

Porsche Plans to Cut 5,000 More Jobs by 2035
Businessfazder-standardtvn24+2die-pressenaftemporiki1mo ago5 sources

Porsche Plans to Cut 5,000 More Jobs by 2035

German media reports indicate that Porsche plans to cut an additional 5,000 jobs by 2035. This move by the sports car manufacturer is expected to create challenges for its parent company, Volkswagen.

Porsche Works Council Reduces Planned Job Cuts
Politicsfaz1mo ago

Porsche Works Council Reduces Planned Job Cuts

Porsche's works council has successfully negotiated a significant reduction in the planned job cuts, primarily in administration and development, as part of the sports car manufacturer's savings program.

Porsche Reportedly Plans to Cut 4,000 More Jobs
Businessfazder-standardorf+1iefimerida1mo ago4 sources

Porsche Reportedly Plans to Cut 4,000 More Jobs

According to media reports, Porsche is considering cutting an additional 4,000 jobs. This potential move follows previous reports of job reductions at the German luxury car manufacturer.

Businessbloomberg1mo ago

Luxury Car Brands See Declining Appeal in China

Iconic luxury car brands, including Porsche, are experiencing a decline in appeal within the Chinese market. This trend indicates a shift in consumer preferences or economic conditions in China's high-end automotive sector.

Porsche Magnate Sells Salzburg Villa Amid Private Tunnel Controversy
WorldThe Guardiannosder-standard+3tvn24index-hrklix-ba1mo ago6 sources

Porsche Magnate Sells Salzburg Villa Amid Private Tunnel Controversy

Austrian-German automotive magnate Wolfgang Porsche has reportedly abandoned plans for a 500-meter private tunnel through the Salzburg hills and is selling his historic villa after public opposition to the 'one-person tunnel.' The University of Salzburg is reportedly interested in purchasing the property.

Greek Police Deploy 'Hidden' Porsche on Popular Island
Worldiefimerida2mo ago

Greek Police Deploy 'Hidden' Porsche on Popular Island

A 'hidden' Porsche Cayenne belonging to the Greek Police's Special Operations Unit for Traffic Control (O.E.P.T.A.) has been deployed on one of Greece's most popular tourist islands, acting as a deterrent for various offenders.

Worlddie-presse7d ago

Burglars Flee, Lose Weapons During Heist in Mühlviertel

A quartet of burglars broke into a gun store in Mühlviertel, but fled in a Porsche when a patrol car arrived during the loading of stolen goods, leaving behind long guns, pistols, and revolvers which were later secured with the vehicle.

Porsche may discontinue Taycan due to falling demand
Businessindex-hr10d ago

Porsche may discontinue Taycan due to falling demand

Reports suggest that Porsche might cease production of its electric sedan, the Taycan, by 2030 due to declining demand. While the company denies short-term plans for discontinuation, the model's long-term future remains uncertain.

Richard Straman's Custom Porsche 928 Convertible
Businessklix-ba13d ago

Richard Straman's Custom Porsche 928 Convertible

While Porsche never produced a 928 convertible, custom car company Richard Straman successfully converted a 1982 Porsche 928 into a convertible in 1990, showcasing a well-executed aftermarket modification.

Volkswagen Controlling Families Demand Faster Overhaul Amid Chinese Rival Threat
BusinessReuterswsjcnbc+1morningstar18d ago4 sources

Volkswagen Controlling Families Demand Faster Overhaul Amid Chinese Rival Threat

Volkswagen's controlling families, including Porsche SE, are calling for a faster overhaul of the company to fend off growing competition from Chinese rivals, especially after a significant financial hit. They emphasize the urgent need for strategic changes to ensure Volkswagen's future competitiveness.

New MG 07 Electric Car Launched in China at Low Price
Businessklix-ba26d ago

New MG 07 Electric Car Launched in China at Low Price

The new MG 07 model, featuring a design inspired by the Porsche Taycan, has been launched in China across five versions, with the most expensive offering LiDAR and 800-volt architecture, all at a surprisingly low price for European customers.

Luxury Cars Stolen from Dealership in Wetzikon, Switzerland
World20-minuten27d ago

Luxury Cars Stolen from Dealership in Wetzikon, Switzerland

Four French-speaking individuals stole several luxury cars, including Porsches, Audis, and Mercedes, from a car dealership in Wetzikon, Switzerland, overnight. Police have apprehended two of the suspects, while two others remain at large.

Porsche Announces Significant Global Job Cuts by 2035
Businesscnbctagesschaufaz+11der-standardorfdie-pressedelfi-ltindex-hrYahoo24urdh-les-sports+3 more28d ago14 sources

Porsche Announces Significant Global Job Cuts by 2035

German carmaker Porsche plans to cut an additional 5,000 jobs, bringing the total reduction to approximately 9,000 positions by 2035, citing challenges in the Chinese market and the transition to electric vehicles. These job cuts will affect various global operations, including Germany.

Indian-Origin Couple Convicted in UK for COVID PPE Fraud
PoliticsTimes of Indiandtv1mo ago2 sources

Indian-Origin Couple Convicted in UK for COVID PPE Fraud

An Indian-origin couple has been convicted in the UK for committing COVID PPE fraud, using the illicit funds to purchase luxury items such as a £126,000 Porsche and Rolex watches. The couple misused public funds intended for pandemic response for personal gain.

Next Bentley electric has a touch of Porsche
Businessobservador1mo ago

Next Bentley electric has a touch of Porsche

A Bentley revelou a denominação do seu primeiro modelo eléctrico, a plataforma que lhe serve de base e a data prevista para a sua chegada ao mercado. A marca mantém a oferta dos modelos a combustão.

Irish Director John Carney's Film 'Once' Celebrated
Culturejutarnji-list1mo ago

Irish Director John Carney's Film 'Once' Celebrated

Irish director John Carney, once a relatively unknown guitarist and filmmaker, achieved widespread recognition with his film 'Once' at the 2006 Sundance Festival, a simple yet masterful work that evokes sympathy for its characters.

Porsche Unveils New Electric Cayenne Models
Businessnaftemporiki1mo ago

Porsche Unveils New Electric Cayenne Models

Porsche has introduced its fully electric Cayenne family, consisting of two models: the Cayenne Electric and the Cayenne Turbo Electric. Both models feature all-wheel drive and are equipped with the Porsche Traction Management electronic system, promising enhanced performance, range, and luxury.

Ukraine Seeks Patriot Missile Production Amid Escalating Russian Attacks
WorldBBCNYTdr-dk+41nostagesschauukrainska-pravdafazaftonbladetberlingskelsm-lvFrance 24+33 more1mo ago44 sources

Ukraine Seeks Patriot Missile Production Amid Escalating Russian Attacks

Ukrainian President Zelenskyy has called for the domestic production of Patriot missiles and urged 40 allied nations to supply them, following a series of intensified Russian attacks that included a strike on a sports center injuring children and a mass attack on Kyiv that killed 27.

Lionspeed Porsche Wins Spa 24 Hours Race
WorldYahoo1mo ago

Lionspeed Porsche Wins Spa 24 Hours Race

Lionspeed GP, with drivers Ricardo Feller, Thomas Preining, and Bastian Buus, secured a historic victory at the 24 Hours of Spa, marking Porsche's return to the winner's circle after starting from the pit lane.

Police Officers' Cars Torched in Montenegro
Worldn1-serbiadanas2mo ago2 sources

Police Officers' Cars Torched in Montenegro

A series of car arsons targeting police officers in Montenegro continued, with a Range Rover, Porsche Cayenne, and a buggy among the latest vehicles destroyed by fire. This incident marks a continuation of attacks on law enforcement property in the country.

Reader Reports Porsche Using Emergency Lane on A1 Highway
Worldindex-hr2d ago

Reader Reports Porsche Using Emergency Lane on A1 Highway

A reader submitted a photograph showing a Porsche driving in the emergency lane on the A1 highway in Croatia, approximately 2 kilometers past the Janjče rest stop towards Dubrovnik, where drivers had formed an emergency corridor.

Bentley Unveils New Torcal Electric Crossover
Businessindex-hr16d ago

Bentley Unveils New Torcal Electric Crossover

Bentley has introduced the Torcal, a new luxury electric crossover featuring a 'Curation Engine' system that adjusts the cabin ambiance through four modes, and will share a platform with the Porsche Cayenne.

FIFA's World Cup Stake Sale Plan Sparks Widespread Opposition
CultureBBCbloombergThe Guardian+58Al Jazeeradr-dknzzcnbcnostagesschaufazaftonbladet+50 more26d ago61 sources

FIFA's World Cup Stake Sale Plan Sparks Widespread Opposition

FIFA President Gianni Infantino's plan to sell a stake in the World Cup has sparked widespread shock and anger across European football, with UEFA considering a boycott in response to the controversial proposal.

Porsche to cut an additional 5,000 jobs
Worldfaz28d ago

Porsche to cut an additional 5,000 jobs

The sports car manufacturer Porsche, a subsidiary of VW, announced plans to eliminate another 5,000 positions. This move is part of ongoing personnel reductions within the company.

Porsche to Cut 5,000 Jobs, Puts Pressure on VW
Worldfaz1mo ago

Porsche to Cut 5,000 Jobs, Puts Pressure on VW

Porsche's supervisory board has approved billions in savings, including the elimination of 5,000 jobs and an extended employment guarantee, which is reportedly putting pressure on its parent company, Volkswagen.

Volkswagen Bratislava Faces Potential Loss of Porsche Cayenne Production
Politicsdennik-n1mo ago

Volkswagen Bratislava Faces Potential Loss of Porsche Cayenne Production

Volkswagen's Bratislava plant, the largest domestic factory in Slovakia, is facing a significant threat: the potential loss of Porsche Cayenne production. This model, which began production of expensive SUVs in Bratislava a quarter-century ago, could be moved elsewhere, representing a major blow to the plant.

Used Fifth-Generation Toyota GR Supra Review
Worlddelfi-lt2mo ago

Used Fifth-Generation Toyota GR Supra Review

A review of the used fifth-generation Toyota GR Supra highlights its BMW engine and surprising similarities to Porsche sports cars, offering both advantages and one drawback for potential buyers.