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By Rachel More, Alessandro Parodi and Shashwat Awasthi BERLIN (Reuters) -European luxury carmakers including Porsche and ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
European luxury carmakers including Porsche (PSHG_p.DE) and Aston Martin (AML.L) have shot to the front of the grid with US ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Porsche's 67% drop in operating profit performance in H1 is pushing forward the brand's plans for extensive measures to ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Tom Narayan, analyst at RBC Capital Markets, wrote in a note to clients that Porsche's new guidance is in line with consensus. Porsche AG shares in Germany closed 1.7% higher on Wednesday. However, ...
Porsche AG cut its outlook for the third time this year, with US President Donald Trump’s 15% tariffs on European autos piling further pressure on the maker of 911 sports cars.
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...
Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...
Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.