Porsche profit rebounds as luxury carmaker reduces exposure to China
Luxury German carmaker Porsche said it's rapidly reducing its exposure to the Chinese autos market after reporting a profit recovery in the first nine months.
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Luxury German carmaker Porsche said it's rapidly reducing its exposure to the Chinese autos market after reporting a profit recovery in the first nine months.
The luxury carmaker is set to open its first factory in the United States β a move Trump credits to his tariffs. DW examines the German reaction amid a massive auto industry cull at home.
The luxury carmaker is set to open its first factory in the United States β a move Trump credits to his tariffs. DW examines the German reaction amid a massive auto industry cull at home.
Registrations of Chinese-branded cars roughly doubled from a year earlier in September to make up 12.7% of total sales across the region.
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