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Paul Tan's Automotive News1d
Porsche profits fall 67% to RM4.9bil in 1H 2025 over slumping demand in China, impact from US tariffs
Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...
Mercedes, Porsche Cut Forecasts as US Tariffs Hammer German Cars
Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...
Porsche CEO seeks fresh cost cuts, warning business model ‘no longer works’ in post-Trump, new China world
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
GlobalData on MSN13h
Porsche H1 profits plunge 67%
In the first half (H1) of 2025, Porsche's operating profit plummeted by 67% to €1.01bn ($1.16bn), compared to €3.06bn in the same period last year. Sales revenue also saw a decline of 6.7% to €18.16bn ...
Porsche Admits Trouble Ahead: “Our Business Model No Longer Works”
Porsche is preparing cost-cutting talks after warning employees its decades-old business model is no longer viable due to EV ...
China-U.S. Trade Talks End. Adidas, Porsche Warn of Trump Tariffs Hit.
As negotiations between China the U.S. ended Tuesday. Treasury Secretary Scott Bessent said that “nothing is agreed until we speak with President Trump.” Trump and Chinese leader Xi Jinping may meet ...