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.
“I am not listed on his bank accounts.”
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.
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to an end. It won't make for pretty reading.
Porsche's supervisory board has agreed on a successor for CEO Oliver Blume, Bild reported on Friday, citing six unnamed sources.
The 2026 Porsche Macan Electric introduces digital key technology for smartphones, active parking support with 360-degree cameras, and an enhanced entertainment hub.
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal with U.S. President Donald Trump and reported a 400-million-euro ($462 million) hit from tariffs in the first half.