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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 ...
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...
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 is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
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 ...
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
It seems Porsche is annoyed that its six-figure EV has been beaten on the Nürburgring by a $75k sedan from China.
Porsche's 67% drop in operating profit performance in H1 is pushing forward the brand's plans for extensive measures to ...