Porsche shares drop as new model costs threaten 2025 margins

Porsche shares drop as new model costs threaten 2025 margins

[Sowetan Live - South Africa] - 13/02/2025
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned the cost of new models and battery-related expenses would dent its 2025 profits.
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