The Porsche IPO Isn't happening Just Yet - gallery

17 photos
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
    Back in February, there was speculation that German sportscar maker Porsche could be spun off as an independent entity by raising an IPO
  • The Porsche IPO Isn't happening Just Yet - gallery
    In the most recent developments, it has also come to light that the VW Group has hired Goldman Sacs as well as Freshfields to prepare for an IPO
  • The Porsche IPO Isn't happening Just Yet - gallery
    However, VW Group CEO Herbert Diess told reporters that a Porsche IPO isn't happening anytime soon
  • The Porsche IPO Isn't happening Just Yet - gallery
    While Audi may have been one of the within the VW Group to bring an EV to market with its e-Tron back in 2018
  • The Porsche IPO Isn't happening Just Yet - gallery
    It's only around the time that the Taycan came along, did the shift to EVs within the VW group begin
  • The Porsche IPO Isn't happening Just Yet - gallery
    A lot has transpired in the automotive industry since the Piëch period and the strategy of having high end brands like Bentley, Bugatti & even Porsche might not be sustainable moving forward
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
    Looks like the VW Group has a monumental task ahead of itself and Porsche might help lead the way in getting there quicker
  • The Porsche IPO Isn't happening Just Yet - gallery
    And the recent Rimac Bugatti merger might also help expedite the process and transition to electric
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
  • The Porsche IPO Isn't happening Just Yet - gallery
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