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Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion models ...
Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...
Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...
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.
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
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 bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
Porsche is preparing cost-cutting talks after warning employees its decades-old business model is no longer viable due to EV ...
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
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