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Porsche is especially exposed to U.S. tariffs, because all of its vehicles are produced in Europe and shipped from there. The ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
Premium German carmakers Mercedes-Benz and Porsche reported on Wednesday a steep decline in profits amid falling sales, ...
Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.
Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...
Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned ...
Owning a Porsche continues to be aspirational, providing the brand with superior pricing power and gross margins relative to its premium-branded automotive peers. With 65% of its volume at luxury ...
Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...
Porsche could change its business model, and start costing cutting, to offset US tariffs costs according to a memo from CEO ...
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