Porsche is expected to raise in the region of £17 billion to invest in electric vehicle (EV) development after being priced at around 75 billion euros (£67.2bn) in today’s IPO.
The offering will be the second-largest in the history of the German stock exchange in 1996, according to Reuters, putting it close to the market capitalisation of its parent company Volkswagen.
"Porsche was and is the pearl in the Volkswagen Group," Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell told the news agency.
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AM Dealer Recommended 2025
In this issue we present the top perfomers in the 2025 AM Dealer Recommended research.
Significant motor retail industry suppliers have been endorsed by UK automotive retail leaders in our research programme.
We surveyed dealers from our audience to find out who they trust most and rely on for products and services in a variety of critical aspects of their motor retail operations.
Almost 30 companies received sufficient support from AM's dealer audience to become Dealer Recommended this year.
Find out who they are and learn from them how they can problem solve in your business.
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