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Fri, 10/25/2024 - 8:34am

Porsche cuts China dealership network as challenges mount

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Porsche cuts China dealership network as challenges mount
Porsche cuts China dealership network as challenges mount More

BING NEWS:

Porsche cuts China dealership network as challenges mount
Porsche will pare back its dealership network in China, reflecting persisting weak demand in the world's biggest auto market that has severely hit European carmakers and forced them to cut costs to ...
10/25/2024 - 6:03 am | View Link
Mercedes to step up cost cuts after earnings halve
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back ...
10/25/2024 - 12:37 am | View Link
Mercedes Pledges Cost Cuts After China Slump Hits Margin
Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce competition in China, its most important market.
10/24/2024 - 8:15 pm | View Link
Are McKinsey’s 500 job cuts in China a response to legal challenges and market pressures?
In a significant restructuring effort, McKinsey & Co., the prominent US-based consulting firm, is poised to overhaul its operations in China, which includes laying off approximately 500 ...
10/16/2024 - 7:59 pm | View Link
Rivian Readies For Profitability With R1 Gen 2
Rivian's 2nd Gen R1 platform will boost margins, increase deliveries, and drive long-term growth in the EV market. Read why I'm bullish on RIVN stock here.
10/12/2024 - 6:30 pm | View Link
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