Porsche stock price has imploded, and moved to a record low as the company goes through one of its worst crises in decades. It slumped to an all-time low of €55.56, down by over 55% from its all-tim
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
Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries will impact its operating profit and automotive net cash flow for up to 800 million eur
Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's contracts early, the German luxury carmaker said in a statement late on Saturd
German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by President Donald Trump,
Daytona Beach, Florida., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Porsche Penske Motorsport has clinched its second consecutive victory at the 24 Hours of Daytona.
Atlanta., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Atlanta. Porsche Cars North America, Inc. (PCNA) today announced that 2024 retail deliveries in the United States totaled 76,167 vehicles – a new record �
Brand deliveries exceed 10,000 units for the second consecutive year 10,374 deliveries for the year 718 Boxster and 911 model lines establish new sales record Best Porsche Approved Certified Pre-owned
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.
Porsche AG (ETR:P911) saw its sales in China drop by 28% in the year just ended as the country's faltering economy hit demand for luxury cars. Volkswagen-owned Porsche sold around 56,900 units in Chi

Porsche's 2024 China sales fall by 28%

02:13am, Monday, 13'th Jan 2025
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's largest car market hit German carmakers.
Porsche SE , the holding company which owns a third of Volkswagen , expects an impairment on its investment in the carmaker of up to 20 billion euros ($20.98 billion), it said on Friday.
Atlanta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS), headquartered in Atlanta, Georgia, has issued its third U.S. auto Asset Backed Securities (ABS) offering of 2024 with
Atlanta, Dec. 03, 2024 (GLOBE NEWSWIRE) -- “Porsche X Iron Dames – because every dream matters” is a slogan that represents the close collaboration between Porsche Motorsport and the renowned in
Leduc will replace Ross Dupper who is retiring after leading the organization for nearly 25 years. Leduc will replace Ross Dupper who is retiring after leading the organization for nearly 25 years.
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