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 ...
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 ...
Porsche acquires majority stake in Varta battery unit
Porsche takes steps to secure its future battery supply as the German automaker pursues its electrification focus.
The Porsche Macan Will Be Electric-Only After The ICE Version Dies: Official
But that rumor is now officially dead. The German sportscar maker said during its annual financial results press conference that it “stands by” its decision to transform the Macan into an all-electric ...
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How Porsche became latest victim of slowing electric car demand
Luxury car maker to cut thousands of jobs and rev up more petrol engines as sales slump and EV's fail to accelerate ...
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 ...
Is the Porsche bubble bursting? Job cuts and lower margin target hit iconic carmaker
The road to profitability has become considerably bumpier for Porsche AG. The luxury carmaker has been forced to lower its ...
Porsche slashes profit targets as demand for electric vehicles slows
Porsche has slashed its profit targets and said slowing demand for its electric vehicles and intensifying competition in China will drag on sales this year. The company said it was now aiming for a ...