Showing 25 to 36 of 36 results
Porsche's Secret Salzburg Tunnel Sparks Outrage
Wolfgang Porsche is building a 500-meter private car tunnel to his Salzburg villa, a project approved in February 2024 by the then-mayor, causing controversy due to its cost, secrecy, and potential conflict of interest.
Porsche's Secret Salzburg Tunnel Sparks Outrage
Wolfgang Porsche is building a 500-meter private car tunnel to his Salzburg villa, a project approved in February 2024 by the then-mayor, causing controversy due to its cost, secrecy, and potential conflict of interest.
Progress
56% Bias Score
Porsche Restructures Leadership Amidst Crisis, Cuts 3900 Jobs
Porsche appointed Jochen Breckner as CFO and Matthias Becker as Sales Board Member, replacing Lutz Meschke and Detlev von Platen, respectively, due to declining sales in China and internal power struggles; the company is restructuring, cutting 15% of its workforce, and revising its production target...
Porsche Restructures Leadership Amidst Crisis, Cuts 3900 Jobs
Porsche appointed Jochen Breckner as CFO and Matthias Becker as Sales Board Member, replacing Lutz Meschke and Detlev von Platen, respectively, due to declining sales in China and internal power struggles; the company is restructuring, cutting 15% of its workforce, and revising its production target...
Progress
48% Bias Score
Porsche to Cut 1,900 Jobs Amidst E-Mobility Challenges and Weakening Demand
Porsche will cut approximately 1,900 jobs across its Stuttgart and Weissach sites, adding to previous cuts and capping employee bonuses, due to challenges in e-mobility ramp-up, economic conditions, and weakening demand, especially a 28 percent drop in sales in China.
Porsche to Cut 1,900 Jobs Amidst E-Mobility Challenges and Weakening Demand
Porsche will cut approximately 1,900 jobs across its Stuttgart and Weissach sites, adding to previous cuts and capping employee bonuses, due to challenges in e-mobility ramp-up, economic conditions, and weakening demand, especially a 28 percent drop in sales in China.
Progress
52% Bias Score
Porsche Revises EV Strategy Amidst Weak Demand, €800 Million Cost Increase
Porsche is revising its electric vehicle strategy due to weak demand and challenges in China, expecting €800 million in added costs in 2024 to develop combustion engine and plug-in hybrid vehicles, invest in batteries, and restructure; sales fell 3 percent overall, with a 28 percent drop in China.
Porsche Revises EV Strategy Amidst Weak Demand, €800 Million Cost Increase
Porsche is revising its electric vehicle strategy due to weak demand and challenges in China, expecting €800 million in added costs in 2024 to develop combustion engine and plug-in hybrid vehicles, invest in batteries, and restructure; sales fell 3 percent overall, with a 28 percent drop in China.
Progress
44% Bias Score
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Progress
44% Bias Score
Porsche Sales Down 3 Percent in 2024; China Market Weakness Offsets Growth in Other Regions
Porsche's 2024 global vehicle sales declined by 3 percent to 310,718 units, primarily due to decreased sales in China despite growth in other regions like North America (up 1 percent to 86,541 vehicles) and Germany (up 11 percent to 35,858 vehicles).
Porsche Sales Down 3 Percent in 2024; China Market Weakness Offsets Growth in Other Regions
Porsche's 2024 global vehicle sales declined by 3 percent to 310,718 units, primarily due to decreased sales in China despite growth in other regions like North America (up 1 percent to 86,541 vehicles) and Germany (up 11 percent to 35,858 vehicles).
Progress
36% Bias Score
Porsche Appoints New CFO and Sales Chief Amidst Restructuring
Porsche announced Jochen Breckner as the new CFO and Matthias Becker as the new sales chief, replacing Lutz Meschke and Detlev von Platen, respectively, due to a sales slump in China and internal power struggles; the company also announced restructuring measures, including job cuts and revised produ...
Porsche Appoints New CFO and Sales Chief Amidst Restructuring
Porsche announced Jochen Breckner as the new CFO and Matthias Becker as the new sales chief, replacing Lutz Meschke and Detlev von Platen, respectively, due to a sales slump in China and internal power struggles; the company also announced restructuring measures, including job cuts and revised produ...
Progress
56% Bias Score
Ohtani's Prank, Record Contract, and Luxurious Car Collection
Shohei Ohtani, the highest-paid MLB player, signed a $700 million contract with the Los Angeles Dodgers in 2023, celebrated by pranking his manager Dave Roberts with a toy Porsche after promising a real one; Ohtani's impressive career includes a 50-50 season, two MVP awards, and a World Series victo...
Ohtani's Prank, Record Contract, and Luxurious Car Collection
Shohei Ohtani, the highest-paid MLB player, signed a $700 million contract with the Los Angeles Dodgers in 2023, celebrated by pranking his manager Dave Roberts with a toy Porsche after promising a real one; Ohtani's impressive career includes a 50-50 season, two MVP awards, and a World Series victo...
Progress
48% Bias Score
Porsche's Crisis Response: Heavy Investment, Margin Drop
Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.
Porsche's Crisis Response: Heavy Investment, Margin Drop
Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.
Progress
40% Bias Score
Porsche Board Shakeup Amidst Electric Vehicle Struggles
Porsche announced potential departures of board members Lutz Meschke and Detlev von Platen following disappointing electric vehicle sales and a 27% drop in Porsche AG's stock price since its IPO in Fall 2022.
Porsche Board Shakeup Amidst Electric Vehicle Struggles
Porsche announced potential departures of board members Lutz Meschke and Detlev von Platen following disappointing electric vehicle sales and a 27% drop in Porsche AG's stock price since its IPO in Fall 2022.
Progress
60% Bias Score
Porsche Seeks Departure of CFO and Sales Director Amidst Declining Sales
Porsche is seeking the departure of CFO Lutz Meschke and Sales Director Detlev von Platen due to criticism of their handling of the company's declining sales and weak stock price, particularly in the Chinese market; the company's global vehicle deliveries fell by 3% in 2024, with a significant 28% d...
Porsche Seeks Departure of CFO and Sales Director Amidst Declining Sales
Porsche is seeking the departure of CFO Lutz Meschke and Sales Director Detlev von Platen due to criticism of their handling of the company's declining sales and weak stock price, particularly in the Chinese market; the company's global vehicle deliveries fell by 3% in 2024, with a significant 28% d...
Progress
44% Bias Score
2025 Porsche Taycan GTS Review
A review of the 2025 Porsche Taycan GTS, highlighting its performance, handling, features, and luxury.
2025 Porsche Taycan GTS Review
A review of the 2025 Porsche Taycan GTS, highlighting its performance, handling, features, and luxury.
Progress
44% Bias Score
Showing 25 to 36 of 36 results