About This Trend
Porsche is a German automobile manufacturer specializing in luxury, high-performance sports cars.
According to NBC News, Porsche has been facing significant challenges due to tariffs and weak electric vehicle demand, with the CEO stating that the current business model 'no longer works'. The company has been exploring new markets and technologies, including the development of electric boats and hybrid vehicles. A recent article highlights the company's efforts to adapt to changing market conditions. Porsche has also been investing in new products, such as the 2025 Porsche Macan Electric, which has been well-received by critics. Additionally, the company has been working to reduce costs and improve efficiency in response to economic pressures.