Porsche CEO Michael Leiters expects a swift conclusion to negotiations on a second cost-cutting package at the German sports car maker, according to an interview with Frankfurter Allgemeine Sonntagszeitung published on Saturday.
Destination reinforces the sportscar maker's commitment to experiential brand engagement in Canada Brand celebrates the one-year anniversary of the opening of its first Canadian and tenth global Porsche Experience Centre on June 18, 2026. Year-round destination is open to the public and serves as experiential brand hub, community space, as well as venue for private and corporate group events.
Porsche will not produce a fully electric version of the 911 sports car, Porsche CEO Michael Leiters said at an event hosted by the magazine "Auto, Motor und Sport", news agency dpa reported on Wednesday.
The trade: Long Porsche/short Ferrari for the long term (18-month horizon, P911/RACE ratio expanding from ~0.14 to ~0.17 in the base case, +25%), with a short-term long Ferrari. Ferrari de-rating: Price increases slowing from 10-15% to ~5%, the October 2025 CMD resetting 2030 ambitions below consensus, and the May 25, 2026, Luce reveal triggering an 8% drop on the day. Porsche re-rating leg: Ne...
The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief looks to streamline the automaker and boost profit.
German sports car maker Porsche is cutting the number of executive board members to seven from eight as part of a strategic realignment of the company under new CEO Michael Leiters, it said on Thursday.
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