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

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 Read: Porsche 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.
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