Porsche prepares for a period of lower sales while betting on luxury
Porsche is reforming its operations in preparation for decreased sales volumes, the sports car maker revealed on Wednesday. Wagering that an increased emphasis on premium models will aid in recovering profit margins even with weak demand.The car manufacturer, similar to its parent Volkswagen, is implementing a significant restructuring to tackle slow sales and elevated expenses. Detailing a recovery strategy aimed at reducing its break-even threshold to under 200,000 units, substantially lower than last...
