Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump’s tariffs have taken a ...
Porsche (P911.DE) reported downbeat results for the first nine months of the year, after recognizing charges it took last ...
Porsche reports its first quarterly loss as a listed company, attributed to scaling back EV ambitions and US tariffs. Read ...
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to ...
Porsche is pulling back from its electric vehicle plans, thanks to weak demand in China amid a frenzy in a crowded market ...
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to ...
Porsche has invested billions into new all-electric models under Blume, but demand has fallen short of expectations with EVs ...
The company said that the deterioration was owing to heavy costs related with scaling back its electric-vehicle strategy and ...
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 ...
Luxury-car maker U-turns on strategy after China weakness, US tariffs and disappointing uptake of battery vehicles ...
The group's operating loss stood at 967 million euros ($1.1 billion) in the third quarter, down from a 974 million euro ...