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 ...
China Daily6d
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 ...
Nordot on MSN11d
Porsche hit by China sales slump, and braces for Trump tariffs
German sportscar manufacturer Porsche saw profits plunge in 2024, as sales in China took a major hit and the carmaker poured ...
Autoblog8d
Declining China Porsche Sales Force New Strategy
In 2023, Porsche had bad news regarding sales in China: deliveries dropped 15 percent year over year, and it was the only market where the automaker saw any downturn at all. Unfortunately ...
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 ...
Yahoo Finance11d
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%.
Yahoo Finance12d
Porsche Cuts Profit Target From IPO After China Sales Slump
(Bloomberg) -- Porsche AG lowered another profitability goal set at the time of its blockbuster listing after the luxury-car maker’s earnings slumped due to tumbling sales in China. The German ...