Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial ...
Porsche stock (POAHY) is sliding after the company cut a key profit target — and revealed it may pass down tariff costs to its well-to-do customers. Porsche said it expects a global operating ...
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a potential trade war between the U.S. and Europe, Oliver Blume — chief executive of ...
But that rumor is now officially dead. The German sportscar maker said during its annual financial results press conference that it “stands by” its decision to transform the Macan into an all-electric ...
Discloses impairment on Volkswagen, Porsche AG stakes Loss after tax of around 20 bln eur for 2024 Full annual results scheduled for March 26 Sign up here. Porsche SE withdrew its outlook for ...
Porsche's Macan will remain an EV but a separate compact SUV with gas and hybrid powertrains will likely launch alongside it.
FRANKFURT (Reuters) - Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and ...