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Porsche had bet on electrification in the wake of Volkswagen Group’s Dieselgate emissions cheating scandal but had been “too bullish,” said Metzler Research analyst Pal Skirta.
The sports-car maker’s challenges have been compounded by its struggles in China and the US, its two most important markets. In China, previously boasting strong growth and healthy profits, sales slumped by almost 40 percent between 2022 and 2024 as local rivals emerged.
In the US, new tariffs…
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Porsche had bet on electrification in the wake of Volkswagen Group’s Dieselgate emissions cheating scandal but had been “too bullish,” said Metzler Research analyst Pal Skirta.
The sports-car maker’s challenges have been compounded by its struggles in China and the US, its two most important markets. In China, previously boasting strong growth and healthy profits, sales slumped by almost 40 percent between 2022 and 2024 as local rivals emerged.
In the US, new tariffs…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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