Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric vehicles in China misfiring. The group’s Chinese sales slumped 28 per cent ...
The decision comes despite looming net zero deadlines in Britain and Europe which will compel carmakers to sell fewer petrol cars and more electric vehicles (EVs). Already, car companies can be fined ...