The company slid toward the bottom of the Stoxx Europe 600 index Friday after warning that profits will be dented by ...
As a result, Porsche says it's taking "extensive measures" to improve profitability, including adding more internal ...
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock ...
The sports-car maker warned that profits will be hurt this year as it spends more on expanding its line-up of new cars.
Porsche is veering off the route set in its 2022 initial public offering. The sportscar maker’s stock fell roughly 5% Friday ...
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...
The electric revolution fizzled and many automakers have now abandoned or delayed plans to go electric-only. This has left a ...
Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...
Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also ...
Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...
The German carmaker confirmed it would overhaul its product portfolio to include “additional vehicle models with combustion ...
Porsche guided for 2025 sales to remain relatively unchanged on year at between 39 billion and 40 billion euros. Separately, holding company Porsche Automobil Holding said it expects to book sharply ...