Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
Porsche reports $1.5b operating loss in Q3 after EV pullback
The Straits Times
|October 27, 2025
STUTTGART - Porsche suffered its first quarterly loss as a listed company, with the luxury car manufacturer taking a €3.1 billion (S$4.7 billion) hit in 2025 from scaling back its electric ambitions and US tariffs.
-
The 911 maker reported a €966 million operating loss in the three months through September, after delaying some of its electric vehicle (EV) plans and scrapping a programme to build its own batteries. Slumping demand in China has also taken a toll.
Porsche has struggled of late, with waning enthusiasm for EVs and supply chain bottlenecks exacerbating weak sales in China and US import tariffs. The poor performance saw the stock drop out of Germany’s benchmark DAX index.
The company cut its guidance in September for the fourth time in 2025, a move that also hit parent Volkswagen.
The company is banking on a return to form starting from 2026.
“We expect 2025 to be the trough,” chief financial officer Jochen Breckner said.
Bu hikaye The Straits Times dergisinin October 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Straits Times'den DAHA FAZLA HİKAYE
The Straits Times
At 80, the jeepney is still King of the Road, but for how long?
The colourful vehicle is a symbol of Filipino creativity and the country's traffic challenges. The age of EVs will be a test of its days on the road.
5 mins
October 27, 2025
The Straits Times
GROUP 3 SAUDI DERBY A NEW GATEWAY TO KENTUCKY DERBY
Points will be up for grabs to qualify for Run For The Roses
3 mins
October 27, 2025
The Straits Times
Time to relook 'many helping hands' approach and have a unified aid response
The tragic death of little Megan Khung has left an ineffable ache in the nation's heart.
1 mins
October 27, 2025
The Straits Times
Slot didn't expect 4 losses; needs to find answers fast
Their title defence had begun well but losses at Brentford, Chelsea and Crystal Palace, plus the previous weekend’s 2-1 home defeat by Manchester United, have knocked Liverpool off the rails.
2 mins
October 27, 2025
The Straits Times
After Megan Khung: Family, abuse and the reckoning around child safety
The case should prompt a deeper reflection on what we could have done better and the challenges in dealing with family abuse.
6 mins
October 27, 2025
The Straits Times
Singaporean, Canadian pen pals finally meet after 43 years
The letters between Michelle Anne Ng and Sonya Clarke Casey forged a friendship that saw them share about their life experiences and secrets
5 mins
October 27, 2025
The Straits Times
Thai-Cambodian 'peace accord' is Trump-centric but may prove to be more than just optics
If there ever was any doubt over the intended audience for the signing of the “Kuala Lumpur Peace Accord”, the answer came shortly after Thailand’s royal palace announced the death of the Queen Mother Sirikit on the night of Oct 24.
4 mins
October 27, 2025
The Straits Times
Tan crosses $lm mark in less than two years on tour
Even as heavy rain and fog brought uncertainty to the Wistron Ladies Open in Taiwan, it did not stop Singaporean golfer Shannon Tan from reaching her latest milestone as she surpassed the $1 million mark in career earnings with a joint-44th finish on Oct 26.
4 mins
October 27, 2025
The Straits Times
Lifelong learning Effective training is a shared responsibility
We thank Mr Ives Tay for his letter “Let's see real results from lifelong learning” (Oct 7).
1 mins
October 27, 2025
The Straits Times
Trump turns on the charm - and so does Asean
US President's visit has left an indelible mark on his hosts, Malaysia and Asean
4 mins
October 27, 2025
Listen
Translate
Change font size