operating profits down 99% with $1.1B loss.
Porsche’s EV pivot and EU-driven CO2 push are crushing profitability, with operating profits down 99% and a $1.1 billion operational loss.
Operating profits collapsed from 4.5 billion to 45 million (down 99%), alongside margins falling from 14% to 2%. The segment also points to EV tooling write-offs and tariff drag as contributors, making the turnaround depend on restoring margins while EV execution stabilizes.
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