Porsche AG
Coverage of Porsche AG in the Nexus archive.
- Mercedes Loses Ground in China's Premium Auto Market
Mercedes-Benz Group AG sold only 1,153 units in China during the first half of 2026, significantly trailing Xiaomi Corp.'s sales of over 80,000 SU7 sedans. This poor performance mirrors challenges faced by competitors like BMW AG, Volkswagen AG, and Porsche AG, all of whom reported second-quarter sales declines of at least 30%, surpassing the overall market's drop.
- Porsche Earnings Rise After Selling More of its Pricier Cars
Porsche AG's first-half profitability increased, leading the company to reaffirm its full-year earnings guidance. The rise in earnings is attributed to higher sales of more expensive vehicles.
- Porsche is adding an all-electric Cayenne coupe to its lineup
Porsche is introducing an all-electric version of its Cayenne Coupe, set to launch in late summer. The new model expands Porsche's electric vehicle lineup.
- Porsche Sales Tumble on China Slump, Model Changeovers
Porsche AG experienced a decline in sales due to China's economic slowdown and ongoing model changeovers. The Cayenne model was showcased at the Shanghai auto show, highlighting the company's strategic adjustments.