Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...
Weak sales of e-cars in particular are weighing on earnings and the share price, Porsche wants to develop new combustion ...
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...
Amidst dropping China sales, high German production costs, intense competition and a slower-than-expected shift to EVs, ...
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Inquirer on MSNGerman sports carmaker Porsche to cut 1,900 jobsSports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to ...
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AutoGuide on MSNPorsche Is Reinvesting In Engines—This Is WhyPorsche has warned that its profits will take a hit in 2025 as the company refocuses on combustion engines and plug-in hybrid ...
Porsche SE, the holding company of Porsche AG, announced it expects impairments on its stake in the luxury carmaker to nearly ...
Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...
Porsche reagiert mit einem Umbau des Vorstands auf den Absatzeinbruch in China und bereitet die Trennung von Finanzvorstand ...
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