Analysts predict Porsche could be valued at up to €90 billion in an initial public offering (IPO). Currently, the market value of Volkswagen — which completed its acquisition of Porsche in 2012 — stands at around €116 billion. Speaking to Reuters, two people familiar with the matter said that, in the potential IPO, Volkswagen could […]
Luxury carmaker Bentley has announced its first fully electric vehicle will be produced at its factory in Crewe, England. The battery-powered electric vehicle (BEV) is set to roll off the production line in three years. Bentley reported it is investing £2.5 billion in sustainability over the next decade, involving the complete transformation of its Crewe […]
On Thursday, Aston Martin announced that Chief Financial Officer Kenneth Gregor is set to step down from his role at the company due to personal reasons. Gregor has served as CFO to the luxury carmaker for the past 18 months. In a statement, Gregor said: “I am proud of what I have achieved in my […]
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