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Porsche

All articles tagged with #porsche

automotive2 months ago

Porsche Unveils Limited Edition 911 GT3 ‘Ocelot’ Celebrating Latin American Heritage

Porsche's Sonderwunsch program has unveiled the 911 GT3 'Ocelot,' a bespoke vehicle inspired by the Amazon rainforest, celebrating Latin America's biodiversity and Porsche's 25-year presence in the region, featuring unique colors, materials, and design elements that honor the area's natural and cultural heritage.

business2 months ago

Global Chip Shortage Sparks Industry Concerns and Production Risks

Volkswagen's CEO Oliver Blume announced that the company currently has enough chip supply, despite ongoing global shortages and a Chinese export ban on finished products from Nexperia, which affects European automakers. Blume emphasized the fragility of the current chip crisis and called for a swift political solution. Meanwhile, Porsche faces significant challenges with declining sales in China and U.S. tariffs, leading to a substantial third-quarter loss, but expects a positive trend from 2026. Blume also plans to step down as Porsche CEO in 2026, with Michael Leiters as his successor.

business2 months ago

Porsche Faces Profit Drop Amid EV Transition and Market Challenges

Porsche's operating profit plummeted 99% in the first nine months of 2025 due to market challenges, tariffs, and strategic product realignment. The current gas-powered Macan will end production in mid-2026, with a new hybrid and electric model planned. Despite financial struggles, Porsche maintains strong cash flow and is adjusting pricing strategies to offset tariff impacts.

business2 months ago

Porsche Faces Challenges Amid EV Strategy Shift and Market Pressures

Porsche AG reported strong net cash flow of 1.34 billion euros in Q3 2025 despite challenging market conditions, driven by strategic realignment and record deliveries, especially in North America and emerging markets. The company is focusing on long-term profitability by expanding its electrified vehicle range and adjusting its product platform, with expected improvements from 2026 onward. However, it faced significant expenses and a sharp decline in operating profit for the first nine months of 2025.