Porsche Shares Slide

Porsche Shares Slide After Profit Warning for 2025
Porsche AG shares slid Friday after the German sports-car maker warned that profits will be hurt this year as it spends more on expanding its line-up of new cars.In a statement late Thursday, it said it would take an 800 million euro ($830.
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 double to a range of 2.5 billion euros to 3.5 billion euros ($3.63 billion).
Porsche Stock Hits the Skids
Porsche is veering off the route set in its 2022 initial public offering. The sportscar maker’s stock fell roughly 5% Friday ...
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 ...
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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 ...
Porsche shifts gears: More petrol and hybrid models as EV sales stumble
Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...
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 ...
Porsche starts talks to end CFO, sales chief contracts
Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's ...
Hollywood Meets the Art of Design and Engineering: Orlando Bloom Presents Porsche Design Timepieces and Eyewear
Porsche Design is proud to announce that Orlando Bloom will be the new Brand Ambassador for the brand’s Timepiece and Eyewear ...
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"Famous": Zac Efron behind the wheel of a Porsche for his upcoming movie
Zac Efron not only shines in luxurious cars in real life but also in his blockbuster productions. Don't believe me? Check out this Porsche he's driving in his next release. Swipe and find out more!