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The carmaker has been reckoning with Trump’s 25% tariffs on finished foreign-made cars for much of the second quarter.
European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
The profit of German luxury high-performance sports and off-road vehicle manufacturer Porsche nosedived by more than 71% in ...
European luxury carmakers including Porsche (PSHG_p.DE) and Aston Martin (AML.L) have shot to the front of the grid with US ...
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, ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
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.
Porsche's 67% drop in operating profit performance in H1 is pushing forward the brand's plans for extensive measures to ...
Porsche and Mercedes-Benz reported dramatic declines in profit Wednesday, hit by President Trump’s tariffs on one side of the ...
Porsche, Aston Martin and Mercedes-Benz were the latest carmakers to flag the cost of US president Donald Trump's tariffs in ...
Premium German carmakers Mercedes-Benz and Porsche reported on Wednesday a steep decline in profits amid falling sales, ...