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 Industry

Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →