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Porsche Cuts Profit Outlook Over US Tariffs

Reuters on MSN · 1d

Porsche slashes outlook as US tariffs, China slump dim prospects

Porsche's margins plunged in the first quarter, the sportscar maker said on Tuesday, forcing it to cut its outlook due to weakness in its key market China, a slowing shift to electric cars and U.S. tariffs that are disrupting the global car industry.

Bloomberg on MSN · 1d

Porsche Cuts Profit Outlook Over US Tariffs, EV Slowdown

Porsche AG expects its profit margin to slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.

The Wall Street Journal on MSN · 1d

Porsche Slashes Guidance as Tariff Hit Adds to Mounting Challenges

Porsche AG cut its sales and profitability guidance for the year, warning of hits from U.S. import tariffs and a realignment of its battery activities, as challenges mount for the German premium sports-car maker.

NYPD, Porsche and Brooklyn

NBC New York on MSN · 17h

Man driving stolen Porsche in Brooklyn fatally shot by police, NYPD says

A man in a stolen Porsche trying to evade law enforcement was shot and killed by an officer Tuesday night in Brooklyn, according to the New York Police Department.

Penn Live · 15h

N.Y. officers fatally shoot man driving Porsche stolen in Pa.: police

A man in a stolen Porsche trying to evade law enforcement was shot and killed by an officer Tuesday night in Brooklyn, according to the New York Police Department. The 28-year-old was driving on the Belt Parkway just after 8 p.

ABC 7 New York on MSN · 15h

NYPD fatally shoots man after stolen car nearly hits officer in Brooklyn, police say

Police in Brooklyn have shot and killed a man allegedly driving a stolen vehicle and nearly hit an officer on Tuesday night, NYPD said. Investigators said the 28-year-old man was driving a stolen Porsche near Bay Eighth Street and the Belt Parkway in East New York just after 8 p.

1don MSN

Porsche Has No Plans to Move Production to U.S. in Face of Trump Tariffs, Finance Chief Says

Breckner stated that the Trump tariffs will cost the company at least €100 million ($114 million) in April and May, according ...

Porsche allegedly halts U.S. vehicle deliveries as tariff uncertainty looms

Porsche halts U.S. vehicle shipments amid 25% tariffs, leaving dealers waiting as negotiations with the EU continue.

1d

Porsche Made One Of These Street-Legal Beasts And It’s Still Daily Driven

All 917s ever made were initially racing cars, and although chassis #30 did compete, Porsche converted it to be road-legal ...

10h

Porsche AG: Multiple Valuation Risks, Following A Single-Digit Operating Profit Margin

Porsche's Q1 2025 car deliveries fell by 7.9%, with sales of €8.86 billion. Click here to find out what led us to maintain a ...

1don MSN

From Porsche to Carlsberg and JetBlue, Tariff Toll Spreads

Companies around the world including carmakers, brewers, airlines and packaged food makers are sounding a warning that US ...

1don MSN

Porsche’s Worst Year Might Just Be Getting Started After China Sales Collapse

Global deliveries fell 7.9 percent to 71,470, China sales sank by 42 percent. Porsche downgraded 2025 forecast partly over ...

1d

The 7 Best Cars From One of California’s Biggest Porsche Shows

Highlights of the 2nd Annual Air | Water exhibition of Porsches range from a 1955 camper to a 356-inspired dune buggy.

1d

Stock Movers: BP, Porsche Down, Rheinmetall Up

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

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