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Porsche Lowers 2025 Profit Forecast and Delays EV Launch
POAHY
Profit Warning
Guidance Update
Product Launch
- Porsche has significantly lowered its 2025 profit margin forecast to 2% or less from an earlier estimate of up to 7%, citing challenges such as U.S. import tariffs, a slowing Chinese luxury market, and delays in its electric vehicle (EV) rollout.
- The company will delay launching some EV models and extend production of combustion engine vehicles, leading to a projected 5.1 billion euro ($6 billion) hit for parent company Volkswagen and a reduction of up to 1.8 billion euros in Porsche's operating profit this year.
- Following these guidance cuts and a share price decline, Porsche is set to be removed from the German benchmark index DAX.
Sep 22, 2025, 11:51 AM
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