Volkswagen AG to List Porsche Automaker
The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).
Creative Commons
Volkswagen AG will stick to its plan to list its Porsche sports-car maker later this year as Europe’s largest carmaker looks to finance its pivot toward electric vehicles (EVs).
VW will go ahead with its initial public offering in the fourth quarter because the unit has proven resilient over the years to market disruptions including the recent supply-chain turmoil, reported Chief Financial Officer Arno Antlitz at the Future of Finance summit in Frankfurt.
VW is bullish on the listing in a market where IPOs globally have slowed. Abb Ltd. announced it will postpone the $750 million listing of its EV charging business until the market improves.
The Porsche listing is positioned to be one of Germany’s biggest-ever IPOs; one that values the business at as much as 90 billion euros ($95 billion), according to a March Bloomberg article.
VW is making investments in the development and production of EVs to rival industry leader, Tesla. The company plans to build up 240 gigawatt-hours of cell-making capacity across six factories in Europe.
Volkswagen remains open to IPO its battery unit as well. The company initially financed it internally and invited in strategic partners. But Antlitz said the company set up this business unit in a way that would facilitate a potential listing next year or in 2024.
Originally posted on Auto Dealer Today
More Sales
June Automotive Boon?
A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →
Legacy Automakers Risk Falling Behind
As legacy automakers, mostly in the U.S. and Japan, have revised their 2030 electric-vehicle sales targets and shifted to a hybrid focus, they risk falling behind new market leaders.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
New Vehicles Down for Most Brands
Healthy May sales cut into inventory as automakers kept a tight reign on supply, though some brands ended the month with excess units on the ground.
Read More →
New-Car Demand on the Rise
For the first time this year, new-vehicle demand rose in May, up nearly 6% year-over-year, according to CarGurus’ Intelligence Report.
Read More →
Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →
Nissan Reports Significant Sales Growth
Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
Read More →
Inventory of New Units Stable
Auto brands spent April clearing out most of their 2025 supply with incentives while holding firm on 2026 prices, striking a balance to meet demand and protect their bottom lines.
Read More →
The Hidden Edge
Reflections from the 2026 Agent Summit: gratitude, gut decisions, and the power of the first contact
Read More →