Xiaomi Aims To Sell More EVs In China Than All German Brands Combined
Read: Why Xiaomi Succeeded In Becoming An Automaker While Apple Failed. Customer deliveries of the SU7 started less than a ...
China Daily2d
Porsche committed to China amid market challenges
Porsche is seeing its sales fall in China, which until recently had been its largest market globally. Last year, 56,887 units ...
Porsche Cuts Profit Target From IPO After China Sales Slump
Porsche AG lowered another profitability goal set at the time of its blockbuster listing after the luxury-car maker’s ...
Yahoo Finance7d
Porsche hit by China sales slump, and braces for Trump tariffs
Because we are convinced that we have set the right course for the long term," said Blume. Porsche's deliveries fell by 3% to around 310,700 vehicles in 2024. In China, the drop was 28%.
GlobalData on MSN6d
Porsche plans 3,900 job cuts to boost profitability
Porsche is planning to reduce its workforce by approximately 3,900 positions in an effort to improve profitability. The ...
Porsche profit drops on weak China sales, plans job cuts to cut costs
Investing.com -- Porsche AG (ETR: PSHG_p) on Wednesday reported a decline in profits for the 2024 financial year, citing weak ...
Auto1237d
Porsche to Cut 3,900 Jobs as Challenges Mount in China, U.S.
Declining sales in China and the threat of tariffs in the U.S. have weakened the German automaker, which aims to improve profitability. Porsche says it will slash its workforce by 3,900 jobs and ...