New Porsche digital venture invests in parking app

July 07, 2016

Porsche’s newly-created digital business has made its first investment by taking a stake in start-up parking solution specialist Evopark. Evopark aims to change parking in urban areas by scrapping paper tickets, with drivers instead using parking cards and paying fees on a monthly basis. The service links to an app which shows where parking is available and currently covers 16 German cities. Evopark research indicates that searching for a parking spot accounts for nearly 30% of inner-city driving. Porsche Digital has been created to help the firm focus on emerging product areas, particularly connectivity, smart mobility and autonomous vehicles.

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March 31, 2017

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PSA to boost UK presence in the event of a ‘hard Brexit'

March 08, 2017

UK sales flat despite upcoming road tax hike, diesel demand plummets

March 08, 2017

UK new car registrations fell annually by 0.3% in February to 83,115 units according to the SMMT, driven down by weaker demand from individuals and companies. More noticeable, however, was the 9.2% drop in demand for diesels compared to February 2016, a steeper drop than the decline in Germany...