Porsche profits hit bumpy road on model revamps, China slump

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Published Jul 24, 2024

Porsche's operating profit fell by just over a fifth in the first half to $3.32 billion, with sales down 4.8%. The luxury sportscar maker said it was fighting to restore production volumes and to re-prioritize spending after supply chain snags.

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Porsche profits hit bumpy road on model revamps, China slump | REUTERS

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