Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
1d
Tuko 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 ...
Amidst dropping China sales, high German production costs, intense competition and a slower-than-expected shift to EVs, ...
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...
The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...
3d
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 will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric ...
Weak sales of e-cars in particular are weighing on earnings and the share price, Porsche wants to develop new combustion ...
Chinese electric sedan lapped Shanghai in 2:09.94 and hit 201 mph on the back straight during its record-setting run ...
Porsche SE, the holding company of Porsche AG, announced it expects impairments on its stake in the luxury carmaker to nearly ...
Porsche reagiert mit einem Umbau des Vorstands auf den Absatzeinbruch in China und bereitet die Trennung von Finanzvorstand ...
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