Porsche saw tariff hit of at least 100 mln eur in April, May

ReutersApr 29, 2025 7:41 AM

FRANKFURT, April 29 (Reuters) - Porsche P911_p.DE suffered a hit in the "low triple-digit million euro" range in April and May as a result of U.S. car import tariffs, its finance chief said, adding the company had so far not launched any countermeasures.

Jochen Breckner, speaking after presenting a significant drop in the group's first-quarter profit margins, said that if tariffs remained in place the group would have to pass them on in part to customers via price increases.

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