Category: impairments

  • Porsche lowers 2024 outlook, warns of impairments on alloy shortage By Reuters

    (Reuters) – Porsche AG on Tuesday cut its sales forecast for this year and warned of weaker production due to a shortage of aluminium alloys affecting several suppliers. The carmaker said it now expects sales of between 39 billion and 40 billion euros ($43.56 billion) amid flooding at one of…

  • Porsche lowers 2024 outlook, warns of impairments on alloy shortage By Reuters

    (Reuters) – Porsche AG on Tuesday cut its sales forecast for this year and warned of weaker production due to a shortage of aluminium alloys affecting several suppliers. The carmaker said it now expects sales of between 39 billion and 40 billion euros ($43.56 billion) amid flooding at one of…