Porsche profits plunge in 2025, and cost-cutting is foreseen
Porsche isn’t earning much money anymore and one of the problems is that it can’t convince its clientele to switch to electric drive. Other difficulties are the collapsing Chinese market and Trump’s import tariffs /Porsche
Profits plunged by 95.9% at Porsche in the first three quarters of the year compared to the same period last year, with a change of strategy regarding its electric vehicle rollout seen as partly to blame. Profit after tax for the period over the nine months came to only €114 million, the German sp
