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Porsche AG Q1 Results: Operating profit drops 30% to $1 37 billion on ramp-up costs

Porsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steering clear of a price war that has gripped the local market.

Porsche AG posts Q1 profit drop on ramp-up costs

FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three m.

Volkswagen holds keys to Porsche s race against Ferrari – The Frontier Post

Volkswagen holds keys to Porsche s race against Ferrari – The Frontier Post
thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.

Volkswagen holds keys to Porsche s race against Ferrari

Volkswagen holds keys to Porsche s race against Ferrari
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Volkswagen Holds Keys to Porsche s Race Against Ferrari

Volkswagen Holds Keys to Porsche s Race Against Ferrari
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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