Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2024)

PORSCHE AUTOMOBIL HOLDING SE

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Porsche Automobil Holding SE

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DE000PAH0038

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12:44:52 2024-03-12 EDT
Pre-market 03:31:05
48.82 EUR +4.25% Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2) 48.97 +0.31%
03-12 European Equities Climb in Tuesday Trading; Bank, Auto Stocks Rally MT
03-12 Global markets live: Domino's Pizza, Generali, Oracle, Intel, Boeing... Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (3)

May 15, 2012 at 10:50 am

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Porsche Automobil Holding SE has taken the driving trials of the super sports car of the future a step further with completion of the initial prototypes. The 918 Spyder is planned for production at the end of September 2013, with the first customer deliveries currently scheduled for the United States late in 2013. The prototypes, their camouflage harking back to historical Porsche 917 racing cars, signal the final touches to the 918 Spyder. The focus is on the interplay between the highly sophisticated individual drive components. The combination of combustion engine and two independent electric motors -- one on the front axle and one in the drive line, acting on the rear wheels poses completely new demands on the development of the operating strategies. The super sports car is designed as a plug-in hybrid vehicle combining a high-performance combustion engine with cutting-edge electric motors for extraordinary performance: on the one hand, the dynamics of a racing machine boasting more than 770 hp, on the other hand, fuel consumption in the region of three litres per 100 kilometres. Moreover, Porsche is breaking yet more new ground with the technology demonstrator with spectacular solutions such as the full carbon fibre reinforced plastic (CFRP) monocoque with unit carrier, fully adaptive aerodynamics, adaptive rear-axle steering and the upward-venting "top pipes" exhaust system. In the process, the 918 Spyder is offering a glimpse of what Porsche Intelligent Performance may be capable of in future.

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© S&P Capital IQ - 2012

Latest news about Porsche Automobil Holding SE

European Equities Climb in Tuesday Trading; Bank, Auto Stocks Rally MT
Global markets live: Domino's Pizza, Generali, Oracle, Intel, Boeing... Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (4)
Sports car manufacturer Porsche AG cautious about margins - share price rises DP
Sports car manufacturer Porsche AG with cautious earnings targets - share price falls DP
Porsche sticks to 'value over volume' strategy in weakening China market RE
Porsche AG Sees FY24 Operating Return on Sales of 15% to 17% MT
Porsche AG Plans At Least Four Product Launches in FY24 MT
Porsche profit margins set for downshift RE
Porsche AG clearly turned positive - transition year accepted DP
European Midday Briefing : Investors Await Important U.S. CPI Data DJ
Porsche AG Warns of Lower Margins As It Launches New EV, Hybrid Models -- 2nd Update DJ
Porsche: 2024 sales target of 40 to 42 billion euros CF
Porsche AG Warns of Lower Profitability This Year But Lifts Dividend -- Update DJ
European shares rise on earnings support; US inflation data in focus RE
Porsche expects lower returns in 2024 as it launches new models RE
Porsche AG Warns of Lower Profitability This Year But Lifts Dividend DJ
Sports car manufacturer Porsche AG enters the new year with cautious earnings targets DP
Vehicle software supplier Applied Intuition raises $250 mln at $6 bln valuation RE
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EMEA Morning Briefing : Stocks Seen Higher Ahead of U.S. CPI Data DJ
Porsche presents annual figures for 2023 DP
European Midday Briefing : Stocks Drop as Traders Look to Crucial U.S. Inflation Report DJ
Real estate tycoon hits rock bottom: René Benko files for insolvency DP
Claims for damages after sinking of car freighter DP
PORSCHE SE : Bernstein reiterates its Neutral rating ZD

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Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (5)

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Company Profile

Porsche Automobil Holding SE is a holding company owning 53.3% of Volkswagen, the world leading car manufacturer (passenger cars and utility vehicles) under Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The group also offers financial services (sales financing, insurance, etc.). Also, Porsche Automobil Holding SE owns 100% share in PTV Planung Transport Verkehr GmbH (development of mobility solutions), 11.6% in Inrix (development of mobile application solutions for road traffic; the United States) and in the Markforged and Seurat companies (development of printing solutions).

Sector

Calendar

2024-03-20 - Q4 2023 Earnings Call

Related indices

STOXX EUROPE 600 (EUR) , DAX

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Income Statement Evolution

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Analysis / Opinion

PORSCHE SE : Opinion change, from Add to Buy December 18, 2023 at 03:18 am

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Ratings for Porsche Automobil Holding SE

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (7)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

12

Last Close Price

48.82EUR

Average target price

63.55EUR

Spread / Average Target

+30.16%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

1st Jan change Capi.

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Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2024)

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