Porsche Crashes: 96% Profit Plunge Triggers €1B Quarterly Loss – What’s Next?
Porsche AG reported a €966 million operating loss for Q3 2025, reversing a €974 million profit a year earlier. The company blamed U.S. tariffs, weak China sales, and a costly EV strategy overhaul. CEO Oliver Blume will step down in early 2026, replaced by Michael Leiters. Shares fell sharply as Porsche cut its 2025 margin forecast to around 2%, down from 14% in 2024.
