Porsche Shares Slide

Porsche Shares Slide After Profit Warning for 2025
The company slid toward the bottom of the Stoxx Europe 600 index Friday after warning that profits will be dented by expanding its line-up of new cars.
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 Warns Product Overhaul Will Drag on Profit This Year
Porsche AG will take an €800 million ($831 million) hit linked to revamping its lineup this year, further pinching the sports-car maker’s already disappointing profit margins.
Luxury Carmaker Porsche's Grim 2025 Outlook Sends Shares Down
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 flagging sales and weak demand in China.
Porsche warns of $830 million profit hit in 2025
The German carmaker said it expects 2025 sales revenue of 39 billion to 40 billion euros and automotive net cash flow margin between 7% and 9% due to the expenditures and market conditions. To strengthen the company's profitability,
Porsche Drops After Warning EV Pullback Will Drag on Profit
Porsche AG’s shares plunged after the sports-car maker said it will take an €800 million ($831 million) hit linked to revamping its lineup this year.
Porsche's holding firm expects impairments to double on luxury carmaker stake
Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...
Porsche Discloses 2025 Sales Guidance Amid Product Portfolio Expansion Plans
The German premium car maker is expanding its product portfolio after an inventory reduction it conducted in the fourth ...
electrive1h
Porsche wants to build more combustion engines
Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also ...
Macron is imposing a shift to electric cars with a ferocious €90k Porsche tax
France is all but prohibiting the sale of over-powered, gas-guzzling SUVs and cars. It is taking full aim at over-sized hunks ...
autoevolution2d
Porsche's 718 Cayman EV Looks Hot, Probably Sounds Like an Expensive Fridge
The launch of the upcoming 718 Cayman EV and 718 Boxster EV is said to have been delayed, as Porsche is not satisfied with ...
Bangkok Post2h
Porsche Thailand Appoints New Managing Director
Porsche Thailand has announced the appointment of Michael Vetter as its new Managing Director, effective January 2025. With a ...
Porsche says vehicle development expenses to impact 2025 operating profit
(Reuters) - Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries ...
Porsche margins set to fall with greater combustion engine and hybrid investment
Sports-car maker overhauls product portfolio after worldwide sales drop and disappointing reaction to electric models ...