Porsche AG's deliveries slumped further in the first three months of 2026, with sharp declines in key markets China and the United States, as loses its shine across.
Together with tariffs and costs from its battery activities, Porsche booked one-off costs of around $4.53 billion in 2025.
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.
Porsche's new CEO is likely to double down on cost cuts and lean harder into combustion-engine cars as he seeks to persuade investors he can revive the ailing sportscar maker in his first earnings update on Wednesday.
Deliveries dropped 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models.
German sports car maker Porsche delivered 10% fewer vehicles globally in 2025, it said on Friday, joining German peers Mercedes and BMW in reporting weaker figures.
Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Porsche Automobil Holding (POAHY) is rated a 'Buy', reflecting attractive risk/reward despite recent underperformance. Recent results show negative EBIT and ongoing China weakness, but management expects profitability recovery by 2026, supported by cost reductions and strategic volume management. New CEO Michael Leiters signals a more selective EV approach, focusing on legacy powertrains and higher-margin, optioned vehicles to protect brand value.
RACE benefits from unparalleled brand power and superior margins, whereas POAHY is dealing with near-term earnings challenges and a higher level of business concentration risk.
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Analysts say earnings and sentiment could now be at a trough, after the company late last week backed full-year guidance and reported earnings consistent with last month's profit warning.