Since 2018, Californians have bought luxury vehicles worth over $20 million in sales-tax-free Montana, exploiting a loophole that avoided millions of dollars in levies, an investigation revealed.
Category: Porsche AG
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Have a Montana License Plate in California? Officials Have an Eye on You.
The New York Times – Business: -
A Wink, a Nod or a Duck: The Secrets Behind Car Owners’ Secret Handshakes
The New York Times – Business:It’s more than the Jeep Wave: Miatas can wink with their pop-up headlights, and Porsche owners have their own waves, but only for the right cars.
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Porsche Is No Longer a Blue-Chip Company in Germany
The German carmaker will soon no longer be listed on the leading DAX stock index three years after it made a blockbuster debut, amid losses in China and the threat of U.S. tariffs.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration.
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Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
Faced with tariffs introduced by President Trump on cars, steel and aluminum, Europe’s carmakers are pessimistic about the future.
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Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
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Where German Cars Falter, E-Bikes Gain in Power
E-bikes sales in Germany have jumped, as drivers, suppliers and even automakers embrace their role in the future of transportation.
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Germany Pushes for Exception in Law Banning Combustion Engines
The New York Times – Business:Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
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Volkswagen Will Invest $193 Billion in Electric Cars and Software
The New York Times – Business:The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.