Porsche warns refocus on ICE, plug-in hybrid cars will hit profits

Porsche Cayenne GTS 2024 Arc.jpg — The Cayenne, shown, was supposed to be electric only in its future generations. Porsche is backtracking and will also sell ICE versions. (PORSCHE)

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By:

Staff, wire reports

February 07, 2025 07:55 AM

Porsche warned that expenses tied to expanding its product portfolio with more combustion engine and plug-in hybrid models will hurt its profitability this year.

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