'This is a major crisis:' Why Porsche puts the brakes on EVs | DW News

Profits at German carmaker Porsche plunged by nearly 96 percent in the first nine months of this year. Porsche said the drop in profits was due to a change in strategy as the company shifted its focus back to combustion engines after weak demand for its electric vehicles.

Chapter Breakdown
0:00 Why have Porsche's profits taken a nosedive?
2:27 DW Business' Steven Beardsley on Porsche trying to maximize its margins on its high end products and its high costs due its 'strategy shift' restructuring

#Porsche #Germancars #Germaneconomy
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Post from DW News on October 25, 2025

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