Porsche's new CEO will inherit old problems
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 supervisory board agrees on successor to CEO Blume, Bild reports
Porsche's supervisory board has agreed on a successor for CEO Oliver Blume, Bild reported on Friday, citing six unnamed sources.
Porsche 2026 Macan EV gets digital key sharing, AI voice control and automatic parking
The 2026 Porsche Macan Electric introduces digital key technology for smartphones, active parking support with 360-degree cameras, and an enhanced entertainment hub.
Porsche trims outlook as tariffs add to 'storm' of challenges
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.
Porsche expects $351 million tariff hit for April and May
Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import tariffs in April and May, the luxury sportscar manufacturer said in slides published after an investor call ahead of quarterly results.
Frustrated Porsche investors call for CEO Blume to drop dual Porsche-VW role
Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on Wednesday as weakness in China and tariff-related challenges in the United States have forced the sportscar maker to cut its outlook.
Engineered For Returns: Porsche's Roadmap To Long-Term Growth
Porsche's stock is undervalued, offering stability and potential upside despite challenges in EV adoption, resale values, and competition from Chinese automakers. Porsche's brand strength, engineering excellence, and flexible production model position it well to navigate market turbulence and outperform competitors. The company's focus on iconic models like the 911 and successful SUVs like the Cayenne and Macan ensures continued consumer appeal.
Porsche AG: Multiple Valuation Risks, Following A Single-Digit Operating Profit Margin
President Trump's potential easing of auto tariffs lifted the broader auto segment, but Porsche's disappointing Q1 results led us to maintain a sell rating. Key reasons for our negative outlook include slower-than-expected recovery, management changes, and a pricey valuation, confirmed by a 7.9% drop in car deliveries and a 41% decline in operating profit margin. Porsche's profit warning is still not impacted by US tariffs, which suggests further downside risks.
Porsche cuts outlook on China woes, U.S. tariffs
Porsche slashed its financial outlook, as the sports-car maker struggled in China and said tariffs are hurting its business in the U.S.
Porsche's Q1 profit margin plunges on China weakness, US tariffs
Luxury sportscar maker Porsche AG on Tuesday said its operating margin fell to 8.6% in the first quarter, below analyst estimates, hit by weaker demand in China as well as U.S. import tariffs.
Porsche Slashes Guidance as Tariff Hit Adds to Mounting Challenges
The German premium sports-car maker cut its sales and profitability guidance for the year due in part to a hit from U.S. import tariffs.
Porsche will release new infotainment solution exclusive to China in 2026, CEO says
Porsche will release a new infotainment solution exclusive to China in 2026, CEO Oliver Blume said at the Shanghai auto show on Wednesday.
