The Business Times

Porsche

Transport & Logistics

Porsche’s China sales slump 21% on muted luxury demand

The lower forecast includes the hit from US tariffs the European Union agreed and roughly 1.3 billion euro (S$1.93 billion) of costs related to the brand’s strategic reset, including adding more combustion-engine and plug-in hybrid models.
Transport & Logistics

Porsche cuts outlook as US tariffs, model revamp eat into profit

Porsche is grappling with lower-than-expected demand for EVs and weak luxury sales in China, where the market for battery-powered cars is fiercely competitive.
Transport & Logistics

Porsche plans more cost cuts to counter tariffs, China slump

The company cited fierce competition in China as the main factor behind its 28 per cent sales slump in the world’s biggest auto market.
Transport & Logistics

Porsche warns of challenging H2 after 6% sales decline

Lei Jun, CEO of Xiaomi, introduces the YU7 in Beijing.
Opinion & Features

Xiaomi made a cheap Ferrari EV. Who needs Porsche?

The new Carrera GTS is a masterclass in engineering as a means of malicious compliance.
Lifestyle
THE STEERING COLUMN

2025 Porsche 911 GTS review: Electric, shock and awe

An employee works on a Porsche 911 S/T car at the "Exclusive Manufaktur" of German luxury car maker Porsche, where clients can get their vehicles customized in Stuttgart - Zuffenhausen on March 6, 2025. (Photo by SILAS STEIN / AFP)
Companies & Markets

Porsche's Q1 profit margin plunges on China weakness, US tariffs

An employee works on a Porsche 911 S/T car at the "Exclusive Manufaktur" of German luxury car maker Porsche, where clients can get their vehicles customized in Stuttgart - Zuffenhausen on March 6, 2025. (Photo by SILAS STEIN / AFP)
Global Enterprise

Porsche, Mercedes face 3.4 billion euros hit from Trump auto tariffs

Porsche, once valued above Volkswagen in 2022, struggles with a 28% sales drop in China, losing its market strength.
Transport & Logistics

Porsche’s net profit slashed by a third in 2024, keeps dividend stable

This 1988 Porsche 959 Sport is one prime example of the brand's innovative 1980s supercar. It's one of just 29 such examples built.
Lifestyle

Porsche overtakes Ferrari as million-dollar car of the moment

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More