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Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Tom Narayan, analyst at RBC Capital Markets, wrote in a note to clients that Porsche's new guidance is in line with consensus. Porsche AG shares in Germany closed 1.7% higher on Wednesday. However, ...
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 (PSHG_p.DE) and Aston Martin (AML.L) have shot to the front of the grid with US ...
Porsche and Mercedes-Benz reported dramatic declines in profit Wednesday, hit by President Trump’s tariffs on one side of the ...
European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which ...
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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 ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the ...
--Mercedes would also be a benefactor. It exports around 180,000 vehicles to the U.S. while importing around 65,000 into Europe. If a deal to offset imports against exports materializes, Mercedes and ...
Oliver Blume, chairman of the board of management of Porsche AG, speaks at the 2025 annual press conference. [Photo provided to chinadaily.com.cn] China is central to Porsche's global business ...
The world’s second largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.
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