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The carmaker has been reckoning with Trump’s 25% tariffs on finished foreign-made cars for much of the second quarter.
European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...
2h
Cyprus Mail on MSNEuropean luxury carmakers raise US prices as 15 per cent tariffs biteEuropean luxury carmakers including Porsche (PSHG_p.DE) and Aston Martin (AML.L) have shot to the front of the grid with US ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Porsche's 67% drop in operating profit performance in H1 is pushing forward the brand's plans for extensive measures to ...
Reuters on MSN12d
Porsche CEO Blume initiates talks on another savings programmeBERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
The world’s second largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.
Porsche and Mercedes-Benz reported dramatic declines in profit Wednesday, hit by President Trump’s tariffs on one side of the ...
BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further ...
8h
DPA International on MSNGerman luxury carmaker Porsche's profit plummets by more than 71%The profit of German luxury high-performance sports and off-road vehicle manufacturer Porsche nosedived by more than 71% in ...
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