Porsche CEO Promises Leaner Lineup as Profit Pressure Mounts (opens original article in a new tab)

Porsche CEO promises a leaner lineup and increased cooperation within Volkswagen AG to address profit pressures caused by US tariffs and declining demand in China.

• Porsche AG will prune its model lineup
• Porsche plans to deepen cooperation within Volkswagen AG
• Porsche faces profit pressure from US tariffs and weak China demand