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Browsing Tag

michael leiters

17 posts
PPorsche
TCS Lands €1.25 Billion Porsche Deal, Acquires MHP to Boost European Presence
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TCS Lands €1.25 Billion Porsche Deal, Acquires MHP to Boost European Presence

  • August 25, 2026
Tata Consultancy Services has inked a monumental €1.25 billion strategic deal with German luxury automaker Porsche AG, which…
PPorsche
Porsche to End Taycan EV Production by 2030 After Sales Slump — BigGo Finance
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Porsche to End Taycan EV Production by 2030 After Sales Slump — BigGo Finance

  • August 13, 2026
Porsche AG plans to discontinue production of the Taycan, its flagship fully electric sedan, by 2030 following a…
PPorsche
Porsche CEO Confirms The Electric 718 Is Still Coming
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Porsche CEO Confirms The Electric 718 Is Still Coming

  • August 4, 2026
Porsche’s new CEO confirmed the electric 718 sports car is still on the way.  The 718 remains important…
PPorsche
photo of Porsche 911 Targa 4 GTS Hybrid
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If we had to save Porsche, we’d go with these three steps

  • August 4, 2026
Since the early 2000s, Porsche has been an SUV company with a sideline in sports cars. For the…
PPorsche
Porsche restructuring starting to pay off, says CEO Leiters
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Porsche restructuring starting to pay off, says CEO Leiters

  • July 30, 2026
Porsche’s restructuring measures have enabled the luxury carmaker to confirm 2026 guidance despite many challenges, it said after…
PPorsche
Porsche ramps up job cuts to 9,000 by 2035, ETAuto
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Porsche ramps up job cuts to 9,000 by 2035, ETAuto

  • July 28, 2026
The announcement followed a meeting of Porsches supervisory board last Wednesday, in which the committee gave its ​blessing…
PPorsche
Porsche to Cut 9,000 Jobs by 2035 Amid China, EV Slump
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Porsche to Cut 9,000 Jobs by 2035 Amid China, EV Slump

  • July 28, 2026
German luxury automaker Porsche will cut roughly one in five jobs by 2035, eliminating 9,000 positions overall as parent…
PPorsche
Porsche supervisory board approves next restructuring round as layoffs may double to 9,000 | Ukraine news
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Porsche supervisory board approves next restructuring round as layoffs may double to 9,000 | Ukraine news

  • July 22, 2026
A fresh restructuring package promises tough choices at Porsche, with additional layoffs looming and plant protections likely to…
PPorsche
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Porsche could double the scale of layoffs with another 4,000 jobs under threat

  • July 8, 2026
Porsche could cut up to 4,000 more jobs as part of a fresh cost-saving programme, according to a…
PPorsche
Porsche's Profit Margin Collapsed to 1.1 Percent, and Now the Axe Is Coming for Its Lineup
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Porsche’s Profit Margin Collapsed to 1.1 Percent, and Now the Axe Is Coming for Its Lineup

  • June 24, 2026
Porsche’s Profit Margin Collapsed to 1.1 Percent, and Now the Axe Is Coming for Its Lineup Porsche’s Profit…
PPorsche
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Porsche’s CEO Wants the Company to Make More Money Despite Plans to Build Fewer Cars

  • June 23, 2026
Porsche is planning to reduce its production capacity to better align with falling demand. Between struggling with sales…
PPorsche
Porsche CEO pushes cost cuts and strategy overhaul – report
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Porsche CEO pushes cost cuts and strategy overhaul – report

  • June 22, 2026
Porsche is seeking to accelerate cost reductions, conclude labour negotiations and overhaul its long-term strategy as the car…
Germany
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