STUTTGART -- Porsche AG is aiming to match last year's profit in 2013, the company said on Friday. In 2012, Porsche posted an operating profit of 2.44 billion euros ($3.17 billion), an increase of 19 percent from the year before. Porsche's revenue rose 27 percent to 13.9 billion euros.
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By:
Wire Reports
March 15, 2013 05:00 AM
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U.S. to reduce tariff rate on most U.K. vehicles to 10% as part of trade framework
A 10% levy will be placed on the first 100,000 British vehicles imported to the U.S. each year. The 10% tariff replaces the 25% levy vehicles have been subjected to since April 3.
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