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Porsche: Trump tariffs and China troubles to slash sales and profit

City A.M. Tuesday, 29 April 2025 ()
Porsche: Trump tariffs and China troubles to slash sales and profitPorsche has cut its forecasts for 2025 amid fears over the impact of President Donald Trump’s tariffs on the global car industry. The luxury sports car maker expects to report a profit margin of between 6.5 to 8.5 per cent this year, down from prior guidance of 10 to 12 per cent. Revenue is also [...]
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