Porsche has announced a delay in some future EV models, which parent company VW says will cost it $6B in forward profits. It’s doing this amid a global boom in EV sales, instead committing to an ...
As it turns out, the Porsche 718 Boxster and Cayman models aren’t going all-electric after all. In a press release sent out at the end of last week in conjunction with an investor presentation, ...
Investors punished German sports car brand Porsche P911_p.DE on Monday after the firm, caught between its iconic gas guzzlers and a shift to electric vehicles, warned that its profits this year would ...
Shares sink 7% on EV roll-out delays and profit warning Parent Volkswagen faces 5.1 billion euro hit, cuts guidance Porsche profit margin trimmed to 2% for 2025 from 5-7% Traders say reversing EV bet ...
Production of the current Porsche 718 Boxster and Cayman is scheduled to end next month. After those superb gas-fed sports cars are laid to rest, Porsche had planned to replace them with EV-only ...
The use of simulations is nothing new in the car industry. Automakers regularly use them to speed up testing and add extra trials that they can’t afford (in time and/or money) to carry out with real ...
Porsche Taycan GTS EV: VW has said it will write down the value of its shares in Porsche by €3bn after Porsche said it was delaying the rollout of its EVs ...
Porsche has made a few goofs in its time, including thinking it could replace the 911 with the 928 and dropping combustion power from the 718 lineup. It wisely U-turned on the first of those decades ...
Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times. Is Porsche AG still a luxury brand? The question might ...