Porsche, a famous car company, is having some money troubles! They made less profit than expected. This is because of problems in China, higher costs for making cars, and possible new taxes on cars imported to other countries.
- Porsche expects lower profits in the next few years.
- They might raise car prices to cover increased costs.
- They're planning to cut some jobs.
- They're changing their plans for electric cars.
| Problem | Details |
|---|---|
| Lower Profits | Expected profit margin dropped from 18% to 10-12% in 2025. |
| China Market | Facing tough competition and price cuts. |
| Job Cuts | 1900 jobs will be cut by 2029. |
| Possible Price Increases | Porsche may pass on tariff costs to customers. |
