Chinese electric sedan lapped Shanghai in 2:09.94 and hit 201 mph on the back straight during its record-setting run ...
The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...
Porsche will cut 1,900 jobs in Germany amid profitability concerns linked to the sluggish electric vehicle uptake rate in Europe and slowing overall growth in China. The job cuts will come on top of ...
Porsche’s EV sales in China are contributing to the brand’s renewed ICE cars initiatives. Die-hard Porsche fans were divided by the news that Porsche was leaning into the elec ...
Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
Porsche 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 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 ...
European stock markets ended the day in negative territory after a key U.S. jobs report disappointed investors. The ...
Porsche guided for 2025 sales to remain relatively unchanged on year at between 39 billion and 40 billion euros. Separately, holding company Porsche Automobil Holding said it expects to book sharply ...
Porsche guided for 2025 sales to remain relatively unchanged on year at between 39 billion and 40 billion euros. Separately, holding company Porsche Automobil Holding said it expects to book sharply ...
Porsche SE, the holding company of Porsche AG, announced it expects impairments on its stake in the luxury carmaker to nearly ...