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4-Traders Homepage  >  Equities  >  Xetra  >  Daimler    DAI   DE0007100000

DAIMLER (DAI)

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Porsche To Launch Smaller Panamera Version By 2017 - Report

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05/10/2012 | 11:31am CEST

Porsche Automobil Holding SE's (PAH3.XE) sportscar unit plans to launch a small coupe based on its Panamera model by 2017 with prices starting at EUR65,000, weekly Autobild reports Thursday without identifying its sources.

The car would be named Pajun and compete with Daimler AG's (>> Daimler AG) Mercedes-Benz-Class and CLS models.

Porsche executives have indicated in the past the sportscar maker could launch a smaller version of the Panamera.

A spokesman for Porsche said no decision has been made yet regarding this project.

Magazine website: www.autobild.de

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

Stocks mentioned in the article : Daimler AG
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Financials (€)
Sales 2017 161 436 M
EBIT 2017 14 485 M
Net income 2017 9 785 M
Debt 2017 11 610 M
Yield 2017 5,31%
P/E ratio 2017 7,12
P/E ratio 2018 7,26
EV / Sales 2017 0,51x
EV / Sales 2018 0,52x
Capitalization 70 021 M
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Dieter Zetsche Chairman-Management Board
Manfred Bischoff Chairman-Supervisory Board
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