Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock ...
BERLIN (Reuters) - Porsche AG shares fell 7% in early Friday trade after the luxury carmaker forecast a preliminary profit margin of 10%-12% for 2025, far below expectations, as it struggles to boost ...
In a separate statement on Thursday night, Porsche SE — the investment vehicle of VW’s majority owner, the Porsche-Piëch family — said a previously announced writedown of its stake in Porsche would be ...
All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The ...
Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...
President Trump has threatened import tariffs on automobiles seemingly forever, ranging from 25 percent to 300 percent ...
Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also ...
Volkswagen Group is eyeing Porsche and Audi assembly in the U.S. to avoid possible tariffs, and its Chattanooga plant and ...
In the face of tariffs on imports from Mexico, Canada, and Europe, the Volkswagen Group is considering moving Porsche and ...
The VW brand Porsche wants to part company with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von ...
German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche ...
German car maker Volkswagen has selected French software group Dassault Systèmes to advance its digital infrastructure for ...