Porsche SE, VW’s top owner, expects €20 billion loss in 2024

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March 09, 2025 05:19 PM

Porsche Automobil Holding SE expects an after-tax loss of about €20 billion ($21.7 billion) for fiscal 2024 due to deteriorations in its investment holdings, underscoring the deep strains afflicting some of Europe’s top automakers.

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