Porsche

Trump’s U-turn on fuel economy rules lifts European carmakers' shares

The Trump administration cast the change as helping automakers sell petrol-powered cars more easily

Prime real estate in Asia is gaining momentum, fuelled by robust economic growth and rising demand from affluent buyers.

Thai developer Ananda pivots to ultra-rich in Asia after Porsche tie-up

The Bangkok-based firm is also exploring fundraising opportunities with foreign sovereign wealth funds to support its regional ambitions

Leiters has a long track record of pushing hybrid models, starting with the successful Cayenne SUV during his earlier stint at Porsche.

Porsche’s new CEO is a luxury leader big on hybrids

The 911 maker is preparing to launch an electric version of the Cayenne in the coming months

Porsche has struggled to live up to expectations since its blockbuster 2022 listing, with duties in the US – its single biggest market – also taking a toll.

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

The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track

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.

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

The manufacturer’s return on sales for 2025 could slide as low as 5%

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.

Porsche plans more cost cuts to counter tariffs, China slump

It will start negotiations on additional reductions in the second half of this year

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.

Porsche warns of challenging H2 after 6% sales decline

In North America, where Porsche relies solely on imports, growth slowed to 10%

Lei Jun, CEO of Xiaomi, introduces the YU7 in Beijing. The vehicle is the complete package, says the writer – a stylish and tech-laden SUV with up to 835 km of driving range, all for an affordable price.

Xiaomi made a cheap Ferrari EV. Who needs Porsche?

The danger for luxury automakers is that their products become commoditised; rapid acceleration, a chief selling point of Western sports-car brands, is now commonplace in electric vehicles

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

2025 Porsche 911 GTS review: Electric, shock and awe

Porsche has weaponised hybrid technology to keep regulations from killing the 911. But is the six-cylinder magic still alive?

First-quarter sales fell 1.7 per cent to 8.86 billion euros (S$13.2 billion), while the group’s operating profit plunged 40.6 per cent to 0.76 billion, said Porsche, which late on Monday cut its full-year outlook.

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

[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter, below analyst estimates, hit by weaker demand in China as well as US...