Hyperdrive
Porsche Tries to Assure Chinese Dealers as EV Sales Falter
- Carmaker and retailers discussing strategy, customer service
- Chinese media report some dealers want compensation for losses
A Porsche Taycan at an event in Beijing in April.
Source: BloombergThis article is for subscribers only.
Porsche AG is in talks with Chinese dealers to smooth out relations as weaker sales of electric vehicles force the auto industry to rethink the transition away from combustion-engine cars.
The German carmaker is discussing with its Chinese retailers how to adapt their business strategies and customer service to market changes, according to a statement. Porsche didn’t provide details on a new direction, but said both sides plan to work more closely together.