Strategy change hits hard: Porsche reports historic 99% drop in profits

[Redaktion]

Porsche reported a 99% drop in profits in the third quarter of 2025. Operating profit fell to just €40 million. The main reason for this was the expensive strategic shift toward electromobility, which involved billions in special expenses.

https://www.notebookcheck.net/Strategy-change-hits-hard-Porsche-reports-historic-99-drop-in-profits.1147866.0.html

[indyp]

And now with China about to flood the Canadian market with EVs, most legacy carmakers are rightfully screwed.

I'll be heading up to Canada from the US to grab my Chinese EV.  Thank you very much, China!