Next Job Cuts: How the New Porsche CEO Plans to Save the Sports Car Manufacturer
Porsche's CEO Michael Leiters announces further job cuts and new savings measures in response to poor annual figures and plans to restructure the model range.
Automotive Industry: Porsche Reports 93 Percent Drop in Profits
Porsche has reported a staggering 93 percent drop in profits for 2025, revealing significant financial challenges faced by the company under new leadership.
One of the most important electric cars may disappear from the market
The new CEO of Porsche, Michael Leiters, is faced with declining sales and is considering merging two flagship models to cut costs.
Electric versions of Porsche 718 may never enter production
Porsche has delayed the production of electric versions of the 718 model, raising concerns about the possibility of these models being canceled altogether.
Automaker in Crisis: Porsche Needs Corrections to the Corrections
Porsche's poor sales reveal that former CEO Oliver Blume's changes did not resolve the company's issues, necessitating further adjustments by his successor, Michael Leiters.
Car Manufacturers in Crisis: Porsche's Turnaround Still Awaits
Porsche is projected to sell significantly fewer vehicles in 2025, particularly in China, signaling challenges ahead for new CEO Michael Leiters as the company adjusts its production capacity.
Porsche CEO Michael Leiters: Cold Start in Drizzle
New Porsche CEO Michael Leiters makes a statement by exiting the Stuttgart factory like any other employee in the drizzle, signaling his commitment to being one of the team during both good and challenging times.