Transportation

Porsche Cuts Profit Outlook Over US Tariffs, EV Slowdown

Porsche automobiles on a transporter outside the Porsche AG Zuffenhausen plant in Stuttgart, Germany.

Photographer: Krisztian Bocsi/Bloomberg
Lock
This article is for subscribers only.

Supply Lines is a daily newsletter that tracks global trade. Sign up here.

Porsche AG expects its profit margin to slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.