Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump’s tariffs have taken a ...
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Porsche reports downbeat YTD results, forward guidance as it recalibrates its EV, China strategy
Porsche (P911.DE) reported downbeat results for the first nine months of the year, after recognizing charges it took last ...
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to ...
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to ...
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Luxury automaker Porsche reverses EV strategy amid weak China demand
Porsche is pulling back from its electric vehicle plans, thanks to weak demand in China amid a frenzy in a crowded market ...
Porsche has invested billions into new all-electric models under Blume, but demand has fallen short of expectations with EVs ...
Michael Leiters, a well-known figure after roles at McLaren, Porsche and Ferrari, could be appointed as Porsche CEO as early ...
Luxury-car maker U-turns on strategy after China weakness, US tariffs and disappointing uptake of battery vehicles ...
Porsche swung into the red for the first time since it was listed in 2022 reporting a near €1bn loss as the German sports-car ...
The group's operating loss stood at 967 million euros ($1.1 billion) in the third quarter, down from a 974 million euro ...
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