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 ...
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Porsche Will Be Laying Off 3,900 Workers Due To Slumping Sales And U.S. Tariffs
Porsche will be cutting nearly 10% of its workforce, or the equivalent to around 4,000 jobs, as sales slump and U.S. tariffs ...
Porsche's earnings per share slashed by a third in 2024, keeps dividend stable
Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial ...
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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 money into updating several of its high-end models. Bernd Weißbrod/dpa ...
Porsche shares fall as company warns of lower sales
Porsche has also announced that it will be cutting almost 4,000 jobs as part of a wider reorganising effort, as the company ...
EV slowdown slams the brakes on Porsche profits as it faces growing competition from China
Porsche - where tennis star Emma Raducanu (pictured) is a global ambassador - said its profit margin this year would be ...
Porsche CEO says Volkswagen ties ‘should play a role' amid U.S. tariff threat
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a ...
Analysis: How Porsche will reboot after EV struggle, stock slump
The automaker will invest nearly $1 billion in combustion models as it simultaneously braces for Trump tariffs and sidesteps ...
Porsche's net profit slashed by a third in 2024, keeps dividend stable
Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in net profit, ...
Porsche to Debut Electric Cayenne SUV in the US This Year
Porsche AG plans to unveil the electric version of its popular Cayenne luxury sport utility vehicle in the US at the end of ...
Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers
Porsche stock is sliding after the company cut a key profit target and said it may pass down tariff costs to its customers.
Porsche senkt Gewinnziel nach Umsatzeinbruch, Aktie fällt 5%
Aktie auf die Nachricht reagiert, dass der Sportwagenhersteller seine Umsatzrendite aufgrund eines Gewinneinbruchs durch ...