Porsche unveiled its first fully electric SUV at the Manila Polo Club during the 20th Enrique Zobel Memorial Cup.

Zuffenhausen is expecting to take a major financial hit moving back to ICE power, but it's for the betterment of its future.

Sales are slumping, earnings are in decline, top executives are being ousted.Most Read from BloombergNice Airport, If You Can ...

Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...

Porsche expects a tougher 2025 with lower-than-expected profit margins, due to the return of some gasoline-powered models.