Porsche shares tumble as carmaker warns cost of new models to dent 2025 margins
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 battery-related expenses would dent its 2025 profits.
Porsche is veering off the route set in its 2022 initial public offering. The sportscar maker’s stock fell roughly 5% Friday ...
As a result, Porsche says it's taking "extensive measures" to improve profitability, including adding more internal ...
The electric revolution fizzled and many automakers have now abandoned or delayed plans to go electric-only. This has left a ...
While Porsche has no problem creating cars with outstanding power and unfathomable beauty, in 2025 their flagship gets better ...
As Porsche has been a staple in Grasso’s Garage for awhile now, due to their sportiness design and powertrains, the ...
A Porsche Cayenne Coupe EV prototype was spotted testing in Germany with minimal camouflage, hinting at an early launch ...
Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...
(Reuters) - Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries ...
Audi RS Q8, Porsche Cayenne Turbo E-Hybrid Coupe, Lamborghini Urus Performante, and Bentley Bentayga race for the title of ...
Porsche's new patented six stroke engine might not be a thing of reality yet, but the new technology is still very ...
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