-+ 0.00%
-+ 0.00%
-+ 0.00%
On October 7, Porsche announced the company's strategic adjustment plan for 2035. It plans to significantly expand personalized customization services and continue to increase investment in power systems and battery technology. The company plans to improve the efficiency of its product portfolio and focus on expanding into higher margin D- and E-level market segments. Furthermore, the company strives to reduce its dependence on sales volume, and plans to significantly reduce the break-even point so that it can achieve break-even at a sales level of less than 200,000 new vehicles. In the medium term, the target for the Group's return on sales is 10% to 15%, and the target profit margin range for the automobile business is 9% to 12%; the long-term strategic goal is for the Group to return on sales of 15% and the profit margin on net cash flow of the automobile business to reach 12%.
Share
Listen to the news
On October 7, Porsche announced the company's strategic adjustment plan for 2035. It plans to significantly expand personalized customization services and continue to increase investment in power systems and battery technology. The company plans to improve the efficiency of its product portfolio and focus on expanding into higher margin D- and E-level market segments. Furthermore, the company strives to reduce its dependence on sales volume, and plans to significantly reduce the break-even point so that it can achieve break-even at a sales level of less than 200,000 new vehicles. In the medium term, the target for the Group's return on sales is 10% to 15%, and the target profit margin range for the automobile business is 9% to 12%; the long-term strategic goal is for the Group to return on sales of 15% and the profit margin on net cash flow of the automobile business to reach 12%.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending