Frankfurt, Germany, Oct 24, 2025 (AFP) - Porsche loses almost one billion euros on shift back to petrol

NAMPA / AFP

2025-10-24

German sports car maker Porsche sunk to a third-quarter loss of almost one billion euros ($1.16 billion), the firm said Friday, as it grappled with the costs returning to petrol and delaying its electric vehicle (EV) rollout. Operating profit -- which strips out some costs such as tax -- fell to 40 million euros for the first nine months of the year. Porsche said in July it had made an operating profit of 1.0 billion euros since the start of the......

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