Report says cash-strapped Porsche needs further billions

Sat, 23 May 2009 17:24:00 +0200

Ailing sports carmaker Porsche’s financial troubles are much worse than feared and the company needs another cash injection of €2.5 billion, news magazine Der Spiegel reported on Saturday.

German carmakers report plunging sales

Fri, 03 Oct 2008 16:12:00 +0200

The credit crisis, high oil prices and a weakening European economy have hit the German car industry hard with luxury automakers BMW and Porsche registering shrinking sales.

The Local Germany

Report says cash-strapped Porsche needs further billions

German carmakers report plunging sales