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Porsche Profit Rebounds as Restructuring Costs Fall and China Exposure Shrinks

Porsche reported a rebound in first-nine-months operating profit to €1.74 billion, up from €40 million a year earlier, as restructuring costs fell and it reduced its exposure to the Chinese auto market, even though deliveries dropped 16%.

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Oct 27, 6:10 AM qz.com Porsche's profit surged from near breakeven as restructuring costs fell
Oct 27, 3:08 AM cnbc.com Porsche profit rebounds as luxury carmaker reduces exposure to China