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Nemak announces agreement to acquire GF Casting Solutions’ automotive business
ed in Austria, China, Romania, Germany, and the U.S. The product portfolio comprises highly complex aluminum and magnesium components, with approximately 80% in e-mobility and structure & chassis, and 20% in other components. The customer base includes Audi, BMW, Jaguar-Land Rover, Mercedes Benz, Porsche, Stellantis, Volkswagen, Volvo, BYD, Denza, Geely, Hongqi, Li Auto, Nio, Xpeng, and Zeekr. The transaction implies an enterprise value of USD ...
News Updated at: 2025/07/31
Porsche revises 2025 outlook after EU-US import tariffs
Porsche revises 2025 outlook after EU-US import tariffs On July 30, Porsche updated its 2025 outlook after the EU and US reached an agreement on import tariffs. The new forecast includes 15% tariffs starting August 1, 2025, and earlier tariffs from June that were not included before. To reduce the impact, Porsche plans to adjust prices. Despite this, Porsche still expects group sales revenue in the range of EUR 37–38 billion, the same as before...
News Updated at: 2025/07/30
Porsche’s R&D team pushes sustainable plastics and wools with circular design focus
Porsche’s R&D team pushes sustainable plastics and wools with circular design focus On July 24, Porsche announced that its team at the R&D center in Weissach is following a “Holistic Eco Concept” to improve sustainability, especially in how to use plastics inside and outside cars. Working with materials engineers, the team examines every plastic component to find ways to cut carbon emissions and use recycled or renewable materials. Porsche ...
News Updated at: 2025/07/28
MHP, Germany partners with Amazon Web Services to launch new DIN Standard for EV battery digital twins
MHP, Germany partners with Amazon Web Services to launch new DIN Standard for EV battery digital twins On July 25, MHP, a Porsche subsidiary, partnered with Amazon Web Services (AWS) and another partner, to develop a new DIN specification for digital twins of EV batteries. Called DIN SAE SPEC 91487:2025-08, it was published on July 25, 2025, after nearly two and a half years of development. This new standard defines common terms and features for ...
News Updated at: 2025/07/28
Hankook Tire to supply OE tires for Porsche Macan
Hankook Tire to supply OE tires for Porsche Macan Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it will supply the Ventus S1 evo3 ev as original equipment (OE) tires for the Porsche Macan electric vehicle (EV). This tire is designed exclusively for high-performance electric vehicles (EVs). It provides robust driving stability, excellent electrical efficiency, and high mileage, along with low noise, in an optimized balance. Mor...
News Updated at: 2025/07/28
VW seeks separate tariff deal with U.S. in return for investment
n Chattanooga, Tennessee, where it currently makes ICE SUVs and EV crossovers mostly for the North American market. In its H1 financial report, Volkswagen said it absorbed USD 1.53 billion in expenses in due to President Trump’s trade war, and cut its full-year outlook after the tariffs hit its Porsche and Audi brands especially hard. (Detroit News and other sources on July 25, 2025)...
News Updated at: 2025/07/26
Porsche, MINI lead in 2025 J.D. Power U.S. APEAL Study
Porsche, MINI lead in 2025 J.D. Power U.S. APEAL Study On July 24, J.D. Power released its 2025 U.S. Automotive Performance, Execution and Layout (APEAL) Study, which was based on responses from 92,964 owners of new 2025 model-year vehicles who were surveyed after 90 days of ownership. Overall satisfaction was 851 (on a 1,000-point scale), an increase of 4 points from a year ago and the highest level since the study was last redesigned in 2020. T...
News Updated at: 2025/07/26
BYD’s Yangwang Auto sub-brand to enter European market
BYD’s Yangwang Auto sub-brand to enter European market According to multiple press releases dated July 22, BYD recently announced the upcoming entry of Yangwang Auto, a high-end sub-brand, into the European market. The brand will compete with luxury brands such as Bentley, Porsche, and Ferrari as the first Chinese brand to enter Europe’s ultra-luxury vehicle market. The Yangwang U8 and U9 will be available in the European market. Going forw...
News Updated at: 2025/07/25
CARIAD builds one digital platform for all Volkswagen Group cars
CARIAD builds one digital platform for all Volkswagen Group cars On July 16, CARIAD announced that it is building a shared digital platform for all Volkswagen Group brands, including Audi, Porsche, and Volkswagen. This platform supports the creation and delivery of connected car features across the entire fleet. With internet-connected vehicles, new features and updates such as navigation, entertainment, and safety functions can be added continuo...
News Updated at: 2025/07/17
JPJ reports Top 20 EV brands registered in Malaysia in H1 2025
hanged, with BYD leading the pack with 5,400 units registered. Proton followed in second place with 4,003 units of its eMas 7, while Tesla secured third with 2,397 units, ahead of BMW’s 902 units. XPeng ranked fifth with 637 units, followed by Denza with 615, Zeekr with 530, Chery with 402, and Porsche with 359 units. MINI completed the top ten with 305 units. Further down the rankings, MG recorded 274 units, Volvo 258, Mercedes-Benz 207, and...
News Updated at: 2025/07/16
VW Group global sales up 1.3%, BEV sales up 46.7% in H1 2025
461,900 units) in H1 2025. By brands, VW Passenger Cars increased 4.5% YoY to 2,320,300 units, Skoda increased 13.6% YoY to 509,400 units, SEAT/CUPRA increased 1.7% YoY to 302,600 units, while VW Commercial Vehicles decreased 19.0% YoY to 179,500 units, Audi decreased 5.9% YoY to 783,500 units and Porsche decreased 6.1% YoY to 146,400 units in H1 2025. The truck division TRATON saw a decrease of 4.3% YoY to 153,200 units in H1 2025. Regarding BE...
News Updated at: 2025/07/10
Porsche showcases all-electric Cayenne performance ahead of global debut
Porsche showcases all-electric Cayenne performance ahead of global debut On July 7, Porsche showcased the high-performance capabilities of its upcoming all-electric Cayenne SUV with a camouflaged prototype at the Shelsley Walsh hill climb, UK —a narrow, steep 914-metre course. The prototype featured Porsche Active Ride, an advanced suspension system that keeps the vehicle stable and balanced even during sharp braking, steering, or acceleration....
News Updated at: 2025/07/08
Volkswagen ships PPE differential for electric drives from Martin, Slovakia plant
Volkswagen ships PPE differential for electric drives from Martin, Slovakia plant On July 4, Volkswagen Slovakia announced that it is shipping PPE differential for electric drives from the Martin plant to Audi Hungaria in Győr, where it is being installed in drives designed for the purely electric Porsche Macan and Audi Q6 models. Volkswagen has invested EUR 46 million in the production of the PPE differential in recent years. The investment als...
News Updated at: 2025/07/07
Bentley partners with MHP Consulting UK to achieve UNECE cybersecurity and software update compliance
Bentley partners with MHP Consulting UK to achieve UNECE cybersecurity and software update compliance On July 3, MHP Consulting UK Limited, subsidiary of Porsche, partnered with Bentley Motors to develop strong Cybersecurity and Software Update Management Systems (CSMS & SUMS) for Bentley’s operations. The project ensured full compliance with UNECE (United Nations Economic Commission for Europe) World Forum for Harmonization of Vehicle Regulat...
News Updated at: 2025/07/07
Audi resists U.S. price hikes in July after 19% sales drop in Q2
prices in the U.S. in July after its sales there fell 19% in the second quarter, the sixth consecutive quarterly decline. Audi cited a challenging economic environment as well as model changeovers for the drop. President Trump’s tariffs have raised costs for Germany’s export-oriented OEMs. Like Porsche AG, Audi has no factory in the U.S., and its top-selling Q5 sport utility vehicle is imported from Mexico. Sales of the model slumped 29% in ...
News Updated at: 2025/07/04
Porsche expands 911 lineup with new all-wheel-drive Carrera 4S models
Porsche expands 911 lineup with new all-wheel-drive Carrera 4S models On July 2, Porsche announced that it has expanded the 911 lineup with three new all-wheel-drive models, i.e., the 911 Carrera 4S in coupé, cabriolet, and Targa versions. This brings the total number of AWD 911 variants to six, offering better traction in bad weather. All new versions use the upgraded 3.0-litre twin-turbo six-cylinder boxer engine from the Carrera S, which gene...
News Updated at: 2025/07/03
Lexus, Nissan top 2025 J.D. Power Initial Quality Study, infotainment remains problematic
models that ranked highest in their segment were Ford Escape, Ford F-150, Ford Mustang and Ford Super Duty. • Honda Motor Company models that ranked highest in their segment were Acura Integra, Acura RDX and Honda Odyssey. • Volkswagen AG had the highest-ranking model overall, the Porsche 911, with 116 PP100. (J.D. Power release on June 26, 2025)...
News Updated at: 2025/06/28
MHP drives Catena-X growth with automotive suppliers onboarding
MHP drives Catena-X growth with automotive suppliers onboarding On June 11, MHP, a Porsche subsidiary, announced that it is helping automotive suppliers join the Catena-X data network to make the connection process easier. It is part of the Catena-X “Readiness Booster Program,” MHP supports the onboarding of suppliers working with various automakers, including the Volkswagen Group. Catena-X e.V. aims to onboard over 1,000 new suppliers in 202...
News Updated at: 2025/06/16
BYD, Proton, Tesla lead Malaysia’s EV Registrations (by brand) in January – May 2025
d in Malaysia between January and May 2025. BYD remained at the top with 4,355 units registered, followed by Proton with 3,399 units of the eMas 7 (excluding 233 units exported). Tesla came in third with 1,810 units, ahead of BMW (766 units), Denza (524 units), XPeng (505 units), Zeekr (465 units), Porsche (276 units), MINI (227 units), and MG (224 units). Chery was ranked 11th with 213 units, followed by Volvo (192 units), GWM (173 units), Merce...
News Updated at: 2025/06/12
Porsche not planning to shift any part of its production process to U.S.
Porsche not planning to shift any part of its production process to U.S. On June 6, a Porsche spokesperson said the company has no plans to shift any part of its production process to the U.S., dismissing some media reports that the company was considering such a move to mitigate effects of tariffs. Media had reported earlier in the day that Porsche CEO Oliver Blume, who also leads the larger Volkswagen Group, was considering moving the final sta...
News Updated at: 2025/06/10