From Yahoo Finance: 2025-04-28 13:43:00

Porsche’s margins dropped in Q1 due to China market weakness, slow EV shift, and U.S. tariffs, leading to an outlook cut. Tariffs hit at least 100 million euros, but prices remain unchanged for now. Analysts call for a board reshuffle and express concerns over falling demand and competition in China.

Porsche stock down 6.4% due to tariffs, with adjusted revenue forecast of 37-38 billion euros for 2025. Profit margin expected to drop to 6.5-8.5%. Operating margin seen at 9.7% on 38.8 billion euros revenue. The company no longer plans to expand high-performance battery production due to declining demand in China.

The carmaker faces challenges due to low sales in China, which fell 42% in Q1. Chinese customers prefer domestic EV brands for better technology. Porsche’s struggle in China leads to stock market debut valuation above Volkswagen AG. Foreign brands underestimated the appeal of Chinese EV brands.



Read more at Yahoo Finance: Porsche slashes outlook as US tariffs, China slump dim prospects