Porsche will launch new gas-powered cars, because profits come first (for now)
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars after its EV models failed to gain traction. The
Porsche Issues Profit Warning and Shares Slide
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 Warns Product Overhaul Will Drag on Profit This Year
Porsche AG will take an €800 million ($831 million) hit linked to revamping its lineup this year, further pinching the sports-car maker’s already disappointing profit margins.
Porsche shares tumble as carmaker warns cost of new models to dent 2025 margins
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and battery-related expenses would dent its 2025 profits.
Porsche warns of $830 million profit hit in 2025
The German carmaker said it expects 2025 sales revenue of 39 billion to 40 billion euros and automotive net cash flow margin between 7% and 9% due to the expenditures and market conditions. To strengthen the company's profitability,
Porsche Drops After Warning EV Pullback Will Drag on Profit
Porsche AG’s shares plunged after the sports-car maker said it will take an €800 million ($831 million) hit linked to revamping its lineup this year.
Auto review: 2025 Porsche Cayenne is no longer a hybrid dream
While Porsche has no problem creating cars with outstanding power and unfathomable beauty, in 2025 their flagship gets better ...
Porsche woes mount after botched bet on electric sports cars
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 ...
Porsche's holding firm expects impairments to double on luxury carmaker stake
Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...
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Porsche to back petrol cars despite Rachel Reeves threatening £15,000 penalty per vehicle
Porsche is set to expand its petrol car range despite the UK pushing towards electric vehicles and net zero goals and looming ...
Porsche bets on combustion engines despite net zero
Porsche is to expand its range of petrol cars after admitting internal combustion engines will be around for “much longer” ...
Porsche shifts gears: More petrol and hybrid models as EV sales stumble
Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...