Tag:

Porsche

Porsche sales slump in China and US in Q1

Porsche AG reported a sharp decline in global deliveries in the first quarter of 2026, as demand weakened in key markets including China and the United States, underscoring ongoing challenges for the German sports car maker.

10 Apr 2026-11:45
Porsche forecasts higher margins in 2026

German carmaker Porsche, a subsidiary of Volkswagen, expects its operating margin to rise this year, as it dusts itself off from a turbulent 2025 rocked by profit warnings, tariff costs and the departure of its long-standing CEO.

11 Mar 2026-10:28
Volkswagen receives preliminary bids of $9.4 billion for Everllence

Volkswagen has received preliminary bids valuing its diesel engine division, Everllence, at around 8 billion euros ($9.44 billion) including debt, according to sources familiar with the discussions. The valuation exceeds some analysts’ estimates and marks one of the largest European corporate carve-outs this year.

27 Feb 2026-17:30
Porsche 2025 deliveries fall 10% on weak China demand

Porsche delivered 279,449 vehicles worldwide in 2025, a 10% decline from 310,718 units in 2024, citing weak demand in China and supply challenges in Europe.

16 Jan 2026-14:16
Volkswagen, Porsche recall 500,000+ vehicles in U.S.

Volkswagen and its luxury brand Porsche are recalling more than 500,000 vehicles in the United States due to software issues affecting rearview camera displays, U.S. auto safety regulators said on Tuesday.

06 Jan 2026-14:20
Volkswagen posts €1.3 billion Q3 loss amid tariffs and Porsche EV costs

Volkswagen reported a 1.3-billion-euro operating loss in the third quarter, compared with a 2.8-billion-euro profit a year earlier, as U.S. tariffs and a costly electric vehicle strategy shift at Porsche hit the group’s finances.

30 Oct 2025-10:47
Porsche shares jump 3% after smaller-than-expected loss

Porsche AG’s shares rose over 2% on Monday following the release of its third-quarter results, which revealed an adjusted operating loss smaller than analysts had anticipated.

27 Oct 2025-13:20
Porsche board selects successor to CEO Oliver Blume

Porsche’s supervisory board has reportedly agreed on a successor to CEO Oliver Blume, according to Bild, citing six unnamed sources.

17 Oct 2025-10:20
Porsche shares slide as EV launch delay cuts profit outlook

Shares in Porsche dropped 6.2% in early Frankfurt trading on Monday after the luxury carmaker delayed the rollout of several all-electric models and slashed its 2025 profit forecast.

22 Sep 2025-10:58
Porsche begins search for new CEO, likely ending dual role of Oliver Blume

Porsche has started the search for a successor to CEO Oliver Blume, a move that likely signals the end of his dual role leading both Porsche and parent company Volkswagen.

27 Aug 2025-17:31