El Paso police dismantle luxury car theft ring; arrest four suspects in Porsche heist
EL PASO, Texas (KFOX14/CBS4) — El Paso police busted a ring of car thieves that targeted luxury vehicles worth close to one ...
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10 Luxury SUVs That Can Outrun A Muscle Car
Buyers, even traditional luxury and high-end sports car buyers, now want SUVs. Manufacturers responding to demand has ...
Porsche's earnings per share slashed by a third in 2024, keeps dividend stable
Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in earnings ...
Porsche to Debut Electric Cayenne SUV in the US This Year
Porsche AG plans to unveil the electric version of its popular Cayenne luxury sport utility vehicle in the US at the end of ...
Major luxury car brand to axe 4,000 jobs in desperate cost-cutting measure & warn they may pass expenses onto consumers
PORSCHE has announced plans to axe thousands of jobs as it battles high costs and weak demand in China. The luxury carmaker will cut about 2,000 fixed-term contracts on top of the 1,900 already ...
Porsche Cuts Profit Target From IPO After China Sales Slump
Porsche AG lowered another profitability goal set at the time of its blockbuster listing after the luxury-car maker’s ...
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Is Genesis taking notes from Porsche? New GV60 Magma caught with the Taycan [Video]
With its official debut coming up, the sporty Genesis GV60 Magma was spotted testing alongside a Porsche Taycan and Hyundai’s ...
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Porsche committed to China amid market challenges
Porsche is seeing its sales fall in China, which until recently had been its largest market globally. Last year, 56,887 units were delivered in the country, now its second largest single market, down ...
Profit of Porsche in 2024 shrinks by over 20 percent
The German Luxury sports car manufacturer Porsche AG on Wednesday published the financial results for the 2024 financial year, and the group's operating profit contracted by over 20 percent.