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Porsche trades at a 27% NAV discount with undervalued holdings like Volkswagen. Click here to read an analysis of POAHY stock now.
Despite all that, the company's CEO reportedly says it's time to change tactics.
Porsche is set to intensify its cost-cutting efforts as the manufacturer faces headwinds from declining sales in China and the US tariff impact.
BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...