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Porsche Cuts Profit Outlook Over US Tariffs

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 · 2d

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.

Automotive News · 2d

Porsche cuts outlook as U.S. tariffs, China weakness hit in Q1

The automaker expects revenue of between €37-€38 billion in 2025, down from its previous forecast of €39-€40 billion. Its profit margin is forecast to drop to 6.5-8.5 percent, down from a previous forecast of 10-12 percent.

NYPD, Porsche and Brooklyn

NBC New York on MSN · 1d

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.

PennLive · 1d

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

NEW YORK (AP) — 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.

ABC 7 New York on MSN · 1d

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.

2don 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 ...

Top Speed52m

The All-Electric Everrati Porsche 911 (964) RSR First Drive: Vintage Excellence Gets A Second Life

I’ll be brutally honest, I hate that I like this, but Everrati has executed so well on a seemingly impossible task, that I ...

CBT News2d

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.

1don MSN

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 ...

2don 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 ...

2don MSN

Porsche Slashes Guidance as Tariff Hit Adds to Mounting Challenges

The premium sports-car maker cut its sales and profitability guidance for the year due in part to a hit from U.S. import ...

Global Atlanta1d

Porsche Experience Center to Mark 10 Years in Atlanta

The Porsche Experience Center is marking 10 years since it christened a new Atlanta test track and headquarters that ...

TGE TV on MSN2d

My Cheap Porsche 911 Targa Restoration!

It's the end of an era for a megachurch in Dallas, Texas. Longtime pastor Bishop TD Jakes says he is stepping away from the ...

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Porsche Cuts Profit Outlook Over US Tariffs

NYPD, Porsche and Brooklyn

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