International Companies

Porsche lowers targets due to EV, tariff challenges

By Benjamin Chiou

Date: Tuesday 29 Apr 2025

(Sharecast News) - German luxury carmaker Porsche has slashed its full-year guidance for sales and profits due to impact of an ongoing trade war and challenges in the electric vehicle market.
The company said on Tuesday that it now expects sales revenues to total €37-38bn this year, down from €40.1bn...

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