Latest in Tag: Porsche Highlight

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Latest in Tag: Porsche

Porsche to pay fine over involvement in pollution scam

Volkswagen brand Porsche has been ordered by a regional German court to pay €47 million in damages for its role in the VW Group’s emission-cheating scandal. Executives look likely to appeal the verdict.A regional court in Stuttgart on Wednesday told German carmaker Porsche it would need to pay a total of some €47 million ($54 …

Deutsche Welle

Porsche premises searched by prosecutors over diesel scandal

Investigators have raided offices and homes of former and current managers at German carmaker Porsche. Prosecutors said the searches were carried out on suspicion of diesel emissions fraud.Prosecutors in Stuttgart said on Tuesday they were probing three current or former Porsche managers, including an executive board member, as part of investigations into whether the carmaker …

Deutsche Welle

Volkswagen is global leader in car sales

Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.

Deutsche Welle

Porsche invests €450,000 in Egypt

SMG to open new Porsche dealership in 6th of October City, Abu Rawash Managing director of Engineering Automotive Corporation (SMG) Ibrahim Ghattas said Porsche will invest €450,000 in the construction of dealerships in Egypt. SMG is currently displaying the company’s new production line, “Porsche Macan”. The Macan Turbo is equipped with a 3.6-litre V6 biturbo …

Daily News Egypt

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