Porsche has experiences a dramatic collapse in quarterly profits, with its automotive division posting an operating profit of just €154 mln in the second quarter of 2025, a steep fall from approximately €1.7 bn in the same period last year. The 91% year-on-year decline highlights the mounting pressures facing the Stuttgart-based sports car manufacturer, a majority-owned subsidiary of the Volkswagen Group, Bild reports.
According to Volkswagen’s half-year financial report, Porsche’s revenue also declined by around 12.9%, falling to just over €8.3 bn. The figures exclude earnings from the company’s financial services branch.
In contrast, Volkswagen’s core passenger car brand...