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Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Despite achieving record sales in the U.S. earlier this year, Porsche is struggling in certain respects. Sales in China are falling as far cheaper locally produced luxury EVs with more power continue ...
Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
Porsche is preparing cost-cutting talks after warning employees its decades-old business model is no longer viable due to EV ...
Porsche is especially exposed to U.S. tariffs, because all of its vehicles are produced in Europe and shipped from there. The company is also under pressure from rivals in China, where demand for its ...
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Porsche AG warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset declining sales in China and the escalating cost of US tariffs.
It seems Porsche is annoyed that its six-figure EV has been beaten on the Nürburgring by a $75k sedan from China.
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