The news agency noted that Porsche said in late January during its annual shareholder meeting that it had used financial contracts to hedge its dollar risk until the beginning of 2008.
“We’re not feeling any actual impact (from the drop of the euro below $1.19) since we are hedged until the middle of 2008,” a spokesman told Reuters.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
