Porsche X - Search News

Porsche slashes profit targets

Porsche's Net Profit Slashed by a Third in 2024, Keeps Dividend Stable

BERLIN (Reuters) - Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in net profit, according to Reuters calculations, as the luxury carmaker battles high costs and weak demand in China.

Financial Times · 9h

Porsche slashes profit targets as demand for electric vehicles slows

Porsche has slashed its profit targets and said slowing demand for its electric vehicles and intensifying competition in China will drag on sales this year. The company said it was now aiming for a profit margin of 15 to 17 per cent, down from a previous medium-term target of 19 per cent, after posting a margin of 14 per cent in 2024.

Reuters on MSN · 4h

Porsche's earnings per share slashed by a third in 2024, keeps dividend stable

Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in earnings per share, according to Reuters calculations, as the luxury carmaker battles high costs and weak demand in China.

Porsche to Debut Electric Cayenne SUV in US This Year

Bloomberg · 6h

Porsche to Debut Electric Cayenne SUV in the US This Year

Porsche AG plans to unveil the electric version of its popular Cayenne luxury sport utility vehicle in the US at the end of this year.

Road & Track on MSN · 1h

Porsche Says All-New Gas-Powered SUV Being Debated, Cayenne EV Coming in 2025

Porsche has been more tempered than most automakers when it comes to electrification or at least as it relates to making promises. As the likes of the new Macan EV and the awe-inspiring Taycan have shown,

motor1.com on MSN · 5h

Porsche Cayenne EV Debuts This Year, Boxster EV to Follow

Porsche tells us there's been a change of plans. The SUV will arrive before the sports car. I t's been two years since Porsche announced an electric Cayenne. In the meantime, the

HT Auto on MSN16h

Porsche to focus on ICE and PHEV cars in 2025. Will add personalisation options, says CEO

Porsche's CEO announced a focus on expanding ICE and PHEV models in 2025, alongside new personalisation options.

9hon MSN

The Porsche Macan Will Be Electric-Only After The ICE Version Dies: Official

But that rumor is now officially dead. The German sportscar maker said during its annual financial results press conference that it “stands by” its decision to transform the Macan into an all-electric ...

Porsche SE expects $21.7 bln loss after tax on Volkswagen stake impairment

Porsche SE , Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it ...

7don MSN

This Limited-Edition TAG Heuer Chronograph Is Made for Porsche Lovers

The TAG Heuer Carrera Chronosprint x Porsche Rallye watch celebrates the debut of the 911 at the Monte Carlo Rally in 1965.

Misha Charoudin on MSN9d

300+ km/h Chase! KTM X-BOW GT XR vs. Porsche GT2 RS MR | Nürburgring Battle 🚀

An adrenaline-fueled high-speed chase at the Nürburgring! 🏁 Watch as the KTM X-BOW GT XR and Porsche GT2 RS MR push past 300 ...

Porsche and Volkswagen CEO to keep dual role until restructuring complete, WirtschaftsWoche reports

Volkswagen and Porsche CEO Oliver Blume said his dual role at the helm of both companies was not meant to last forever but ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results