Porsche Faces Sales Slump, Tariff Threats, and Production Challenges in the US
Key Points Porsche is experiencing declining sales, reduced earnings, and executive shakeups. The U.S. is now its largest market but relies entirely on imports. New U.S. tariffs on EU car imports could force Porsche to consider local production. Porsche’s return on sales is expected to drop to 10%, leading to a stock decline. Analysts predict that higher tariffs could wipe out €2.1 billion in earnings for German automakers. Porsche AG is struggling with declining sales, falling earnings, and internal management...