Porsche AG achieved an operating profit of €4.04 billion with a 14.1% return on sales in the first nine months of 2024. This “year of product launches” saw updates across five model lines, including strong growth from the Cayenne. With the launch of the all-electric Macan, Porsche aims for continued expansion while adjusting to slower-than-expected EV adoption, particularly in China. Despite challenges, Porsche is on track to meet its ambitious full-year goals.
Source: Here
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