Volkswagen Faces $6 Billion Loss as Porsche Delays EV Launch Amid Market Challenges, ETAuto
Porsche slows EV rollout, trims 2025 profit forecast amid weak demand, China pressures and US tariffs. Porsche AG on Friday dialled back plans for its electric vehicle rollout due to weaker demand, pressure in key market China and higher U.S. tariffs, causing the luxury sportscar maker and its parent Volkswagen to slash their 2025 profit…