Porsche reports its first quarterly loss as a listed company, attributed to scaling back EV ambitions and US tariffs. Read ...
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Porsche reports 99% collapse in operating profit as market pressures pile
Porsche just posted its worst quarterly numbers ever, confirming a massive €1.1 billion ($1.2 billion) operating loss for Q3, after slamming the brakes on parts of its electric vehicle plans and ...
Porsche is set to report a significant operating loss. The German sports car maker faces challenges in China and from U.S.
BERLIN (Reuters) -German auto parts supplier Bosch is preparing to furlough staff at its Salzgitter plant if a trade dispute ...
Porsche reported downbeat results for the first nine months of the year, after recognizing charges it took last quarter as it ...
Dow Jones Top Company Headlines at 1 PM ET: Porsche's Operating Profit Slumps as EV Challenges, China Woes Take Toll | Brookfield ... Porsche's Operating Profit Slumps as EV Challenges, China Woes ...
Porsche swung into the red for the first time since it was listed in 2022 reporting a near €1bn loss as the German sports-car ...
Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump’s tariffs have taken a ...
The company said that the deterioration was owing to heavy costs related with scaling back its electric-vehicle strategy and ...
Ford, GM, Toyota and other automakers warn Trump that taxing factory robots won’t save jobs, but it might just make humans ...
Porsche AG's operating profit plunged in the first nine months of the year as a slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump's tariffs have ...
The group's operating loss stood at 967 million euros ($1.1 billion) in the third quarter, down from a 974 million euro ...
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