• Mon. Apr 29th, 2024

Google, Porsche Trying To Seal Deal For App Access: Report – Alphabet (NASDAQ:GOOG), Porsche Automobil Holding (OTC:POAHY)

ByShivani Kumaresan

Jan 12, 2023
Google, Porsche Trying To Seal Deal For App Access: Report - Alphabet (NASDAQ:GOOG), Porsche Automobil Holding (OTC:POAHY)

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  • Luxury car maker Porsche Automobile Holding SE POAHY plans to fully integrate Alphabet Inc  GOOG GOOGL Google software in Porsche cockpits.
  • The deal would enable Porsche customers to access Google applications like Google Maps and Google Assistant without needing to connect the car to an Android phone, Reuters reported.
  • Porsche was in close contact with several companies following the end of its cooperation with Volkswagen AG VWAGY Cariad unit on software research and development.
  • The plan is only being considered for the Porsche brand and not the Volkswagen Group more widely, the report added.
  • Porsche has been reportedly hesitating to join hands with Google for some time as the latter asked for too much data share.
  • Also ReadPorsche To Join Germany’s Blue-Chip Index – What’s On The Cards?
  • Price Action: POAHY shares closed lower by 0.89% at $6.03 on Wednesday.
  • Photo Via Company

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Image and article originally from www.benzinga.com. Read the original article here.