Published by Global Banking & Finance Review®
Posted on December 13, 2024
1 min readLast updated: January 27, 2026
Porsche SE anticipates an impairment on its Volkswagen investment of up to 20 billion euros, with potential impacts on Porsche AG as well.
BERLIN (Reuters) - Porsche SE, the holding company which owns a third of Volkswagen, expects an impairment on its investment in the carmaker of up to 20 billion euros ($20.98 billion), it said on Friday.
It also expects an impairment on its investment in luxury carmaker Porsche AG of up to 2 billion euros, based on analyst expectations for the two companies.
($1 = 0.9534 euros)
(Reporting by Victoria Waldersee, Editing by Louise Heavens)
The article discusses Porsche SE's expected impairment on its investments in Volkswagen and Porsche AG.
Porsche SE expects an impairment of up to 20 billion euros on Volkswagen and up to 2 billion euros on Porsche AG.
Analyst expectations are influencing the projected impairments for both Volkswagen and Porsche AG.
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