Volkswagen woes weigh on Porsche SE as holding company posts loss

NAMPA / DPA

2026-08-07

Frankfurt (dpa) - Porsche SE, the holding company controlled by the Porsche and Piëch families, swung to a ?2.2 billion ($2.5 billion) loss in the first half of 2026 due to huge writedowns on its stakes in Volkswagen and sports carmaker Porsche. The Stuttgart-based company had posted a profit of ?300 million in the same period last year. Porsche SE recorded a ?3 billion impairment on its stake in Volkswagen and a further ?200 million writedown on......

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