As a result, Porsche says it's taking "extensive measures" to improve profitability, including adding more internal ...

Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock ...

The company slid toward the bottom of the Stoxx Europe 600 index Friday after warning that profits will be dented by ...

Korean Air anticipates uncertainties in the business environment this year due to shifts in the global political landscape, ...

The sports-car maker warned that profits will be hurt this year as it spends more on expanding its line-up of new cars.

Porsche is veering off the route set in its 2022 initial public offering. The sportscar maker’s stock fell roughly 5% Friday ...

Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...

The electric revolution fizzled and many automakers have now abandoned or delayed plans to go electric-only. This has left a ...

Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...

Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also ...

Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...

Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric vehicles in China misfiring. The group’s Chinese sales slumped 28 per cent ...