Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Porsche Takes Hefty EV Charge, Skids to a Loss Amid Challenges

The Wall Street Journal

|

October 25, 2025

Porsche careened to its first quarterly loss in years after taking a hefty charge related to its premature bet on electric vehicles.

- BY STEPHEN WILMOT AND NINA KIENLE

The German sports-car maker Friday reported an operating profit of just 40 million euros for the nine months through September, equivalent to $46.5 million, down from more than €4 billion a year earlier. The figure implies a loss of almost €1 bill

Listen

Translate

Share

-
+

Change font size