Porsche (Vz)

If €10,000 had been invested in Porsche vz three years ago, the current value would be €5,389.94, corresponding to a loss of 46.10%. One Porsche vz share cost €46.72 on 30.10.2026; three years ago the stock closed at €86.68. Market capitalization most recently €41.66 billion; calculation excludes stock splits and dividends. » More on finanzen.net

Michael Steiner (62) will step down as Porsche’s development board member in May 2027; his successor will be Jörg Bartels (52) from Mercedes, who until now led global development of powertrains. Bartels is expected to implement a reorientation of the board’s research and development department and push the new strategy “Sportwagenschmiede '35” forward with fewer resources. Porsche plans, among other measures, to cut development costs by 20 percent and shorten development times by 40 percent, while a sharp decline in sales in China is weighing on group figures. » More on manager-magazin.de

Porsche will again name the successor to the discontinued combustion-engine SUV, planned for 2028, Macan. The name is to be used going forward regardless of powertrain — electric, hybrid or combustion — for the smallest SUV, said CFO Jochen Breckner. The decision departs from the predecessor’s earlier stance and follows the strong customer recognition of the name, which in good years accounted for up to 40 percent of sales. Porsche expects a decline in deliveries as a result of the final phase-out of the combustion-engine Macan in 2027. » More on spiegel.de

Porsche presents the Mission S as a vision model with design elements from historic models and a clear focus on the driving experience rather than large screens. Design chief Tobias Sühlmann emphasizes that the vehicle remains true to the brand’s DNA and deliberately combines analog and digital controls. The platform is designed to be flexible for internal combustion, hybrid, or fully electric powertrains and targets a premium segment above the 911. » More on wiwo.de

Porsche reports a surprise profit in the third quarter, but car expert Ferdinand Dudenhöffer warns against false optimism. He sees the sports-car maker in a dangerous downward spiral as the company contracts and sales figures continue to fall. » More on welt.de