POAHF News and Press, Porsche Automobile Pfd From 09/11/23

2023-09-11 10:56:39 ET Summary Global electric car sales July 2023 up 41% YoY to a 16% share. China sales are up 31% to a 38% share. Europe sales are up 48% to a 23% share. USA sales are up 53% to a 9% share. EV market news - The IEA is forecasting 14m global plugin electric car s...

2023-09-08 12:15:13 ET Summary Volkswagen has consistently lagged behind its industry peers in total returns over the past decade. Economic challenges in China, high interest rates affecting the demand for vehicle financing in Europe and the US, Germany's PMI contraction, create a...

2023-08-22 17:47:37 ET Summary Porsche Automobil Holding SE is a holding company with core stakes in Volkswagen and Porsche AG. We are drawn by the appealing fundamentals of the underlying holdings as well as the excessive holding discount which we believe should eventually narrow...

2023-08-13 06:23:16 ET Summary 2Q23 revenue and gross margin met expectations and operating income surpassed expectations as Mobileye spent less operating expense than anticipated. Mobileye reiterated revenue guidance, while operating profit guidance was raised as the company dial...

2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...

2023-07-07 08:51:43 ET Summary Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV char...

2023-06-09 17:34:45 ET Summary Porsche Automobil Holding SE, which owns significant stakes in carmakers Volkswagen AG and Porsche AG, trades at a significant discount to its NAV. Based solely on the company's core holdings, Volkswagen and Porsche AG, Porsche SE has a NAV of Ȋ...

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-06-05 05:55:52 ET Summary Enovix's technology brings about a very strong value proposition that would unlock other areas of advancements for its customers. Enovix is clear that it not only has a competitive advantage over competitors but also one that can be sustained over th...

2023-05-22 12:01:48 ET Summary It was a positive quarter for Volkswagen AG and P911. No additional negative news on Porsche SE pending litigations. 2023 outlook was confirmed as well as its DPS. Therefore, our buy rating is reiterated. After having analyzed both Volk...