Porsche profit hits forecast despite deep decline in Q1 sales
On the Dash:
Porsche's Q1 profit fell 21.9% but still beat its own forecast.
Cash flow more than doubled, a rare bright spot in a tough quarter.
The Bugatti sale...
TSLA408.95017.95%
GM83.7701.66%
F15.0000.1%
RIVN16.8400.49%
CYD56.560-0.2%
HMC26.9700.27%
TM178.4501.29%
CVNA69.4402.93%
PAG172.4901.47%
LAD291.9503.11%
AN185.830-1.89%
GPI316.6505.65%
ABG193.4602.48%
SAH82.6900.53%
TSLA408.95017.95%
GM83.7701.66%
F15.0000.1%
RIVN16.8400.49%
CYD56.560-0.2%
HMC26.9700.27%
TM178.4501.29%
CVNA69.4402.93%
PAG172.4901.47%
LAD291.9503.11%
AN185.830-1.89%
GPI316.6505.65%
ABG193.4602.48%
SAH82.6900.53%
TSLA408.95017.95%
GM83.7701.66%
F15.0000.1%
RIVN16.8400.49%
CYD56.560-0.2%
HMC26.9700.27%
TM178.4501.29%
CVNA69.4402.93%
PAG172.4901.47%
LAD291.9503.11%
AN185.830-1.89%
GPI316.6505.65%
ABG193.4602.48%
SAH82.6900.53%
Porsche
Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models
On the Dash:
Porsche sells minority stakes of joint venture Bugatti Rimac, refocusing on its core business under new CEO Michael Leiters.
Consortium led by NY investment firm HOF Capital...
Middle East instability puts pressure on premium auto demand
On the Dash:
Middle East instability may affect global inventory allocation, signaling dealers should monitor supply chain risks for high-end and imported models.
Luxury segment demand is sensitive to geopolitical...
Porsche warns strategy reset will weigh on 2026 earnings
On the Dash:
Porsche’s strategic pivot toward gas-powered and hybrid models signals a slower EV rollout amid weak demand and pricing pressure in key markets.
China’s luxury vehicle slowdown and...
Porsche recalls over 173,000 US. vehicles over rearview camera issue
On the Dash:
Porsche recalls 173,538 U.S. vehicles due to rearview cameras that may not display in reverse.
Affected models include Cayenne, 911, Taycan, and Panamera from 2019-2025.
Dealers will...
Porsche opens new state-of-the-art parts and technical training center in Fort Worth, Texas
Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA) announced today the opening of its new Parts Distribution Center and Technical Training Facility in Fort Worth, Texas. Strategically located in the heart...
Porsche plunges to $1.1 billion quarterly loss as tariffs, EV setbacks weigh on outlook
On the Dash:
Porsche posted a 966 million euros ($1.1 billion) operating loss in Q3, reversing last year’s profit.
The automaker plans further cost cuts, higher U.S. prices, and a...
Porsche eyes Michael Leiters to succeed CEO Oliver Blume
On the Dash:
Porsche may appoint Michael Leiters as CEO to address slumping sales, China market losses, and the costly EV-to-combustion shift.
Blume’s dual roles at Porsche and Volkswagen raised...
ECD Automotive Design unveils first custom Porsche build with spectacular new Project Gravette
KISSIMMEE, Fla., Oct. 09, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range...
Porsche delays EV Rollout, cuts Volkswagen’s profit outlook by $6B
On the Dash:
Porsche is delaying its electric vehicle rollout and adding more hybrid and combustion models, cutting its 2025 profit margin outlook to just 2%.
Parent company Volkswagen expects...
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