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Porsche Automobil Holding (PAH3) is a German holding focused on investing in automotive companies. Founded in 2007 and based in Stuttgart, the group holds 52.2% of the shares of Volkswagen AG, this includes twelve brands: Audi, Bentley, Bugatti, Ducati, Lamborghini, MAN, Porsche, Scania, SEAT, ŠKODA, Volkswagen Commercial Vehicles and Volkswagen Passenger Cars.
Additionally, the holding owns 10% of shares of INRIX Inc., an American tech company.
PAH3 stock is traded on all German stock exchanges. Live info on the PAH3 share price is available at Capital.com.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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