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 named Michael Leiters its next chief executive officer, tapping a German engineer who…
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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 Porsche’s sales in China fell 21 per cent during the third quarter, as…
Porsche's Q1 profit margin plunges on China weakness, US tariffs
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…