The Stuttgart sports car manufacturer Porsche Capps because of the tariffs of US President Donald Trump (79) and the persistently difficult situation in China His forecast for the second time within a few months. According to Wednesday, the company now only expects a return on sales of 5 to 7 percent. The sales forecast felt the Volkswagen-Daughter not on. The effects of the US import tariffs of 15 percent and possible price increases are taken into account in the forecast.
Porsche boss Oliver Blume (57) said that his company still has to deal with considerable challenges worldwide. “It is not a storm that passes over. The world is changing massively – and especially than expected a few years ago.” That is why the company is being rebuilt. Porsche estimated the costs for this year at 1.3 billion euros.
“We assume that we will see positive economic momentum again from 2026,” added Blume. The shares recently won a little more than 2 percent.
Because the demand for Electric cars Slopes increases than initially assumed, Porsche invests, among other things, in the development of new combustion models and converts its battery activities. There is also a job cut. Negotiations on a second savings package begin in the second half of the year. Blume had prepared the workforce for further cuts in a letter last week. The corporate boss is also chairman of the parent company Volkswagen.
Customs cost millions of millions
Only in April Porsche had reduced its forecast for the return on sales to 6.5 to 8.5 percent, instead of 10 to 12 percent. For the first half of the year alone, Porsche estimated the burden of the US tariffs to around 400 million euros.
Porsche had initially kept the prices stable. In the first half of the year, sales decreased by 6.7 percent to 18.16 billion euros, the business profit shrank by two thirds to one billion euros. The data on the operational business in the first half of the year has been known since the parent company Volkswagen’s parent company last week. In the second quarter alone was here the minus when winning around 90 percent.
The sports car manufacturer is particularly badly affected by the US tariffs because it does not have its own production in the USA has and therefore has to import all vehicles for the US market from Europe. In addition there is the debacle in China, where the real estate crisis holds wealthy customers from buying a new car and the Stuttgarters have so far not been able to gain a foothold in electric cars.
After Customs compromise between the EU and the USA If there are now permanently increased import duties to the United States. Porsche wants to cushion the loads with price increases, among other things. In sales, the VW subsidiary continues from 37 to 38 billion euros.