Porsche’s New CEO Faces Uphill Battle: Cost Cuts and Combustion Engines in Focus
March 10, 2026
Porsche’s new CEO, Michael Leiters, is steering the company towards cost efficiency and a renewed focus on combustion-engine vehicles, amidst global economic challenges and a declining share price.
The iconic carmaker has suffered significant losses, notably in China, as its shift to electric vehicles proved untimely.…
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