Stories Related to Porsche Cuts China Dealership Network As Challenges Mount

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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 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 - 7:03 am | View Link
Porsche AG flags cost cuts as China weakness, slowing EV shift hits profits
Luxury sportscar maker Porsche AG on Friday warned it may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market caused nine-month ...
10/25/2024 - 3:34 am | View Link
Mercedes pledges cost cuts after China slump hits margin
Mercedes-Benz Group AG plans to step up cost reductions after fierce competition and weaker demand in China hit the luxury-car maker’s profits.
10/25/2024 - 3:19 am | View Link
Global food giants deepen price cuts to tempt China's wary shoppers
International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China's increasingly reluctant customers, executives said.
10/24/2024 - 1:47 am | View Link
China’s Coal Buyers to Cut Shipments as Weak Conditions Persist
Chinese coal importers are looking to reduce shipments after they lost money on the trade this year.
10/23/2024 - 4:38 pm | View Link
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