Porsche's incoming CEO faces longstanding challenges.

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Oct 24 2025

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Source: Reuters

Porsche's Financial Struggles: The company is expected to report a significant operating loss of 611 million euros for Q3, a stark contrast to a profit of 974 million euros last year, largely due to a slump in the Chinese market and costly delays in its electric vehicle rollout.
Leadership Change: Outgoing CEO Oliver Blume will be succeeded by Michael Leiters in January, who is tasked with reviving demand in China and addressing the challenges of transitioning to electric vehicles amidst declining sales and market value.
Job Cuts and Restructuring: Porsche plans to implement a restructuring program that includes 1,900 job cuts, in addition to 2,000 layoffs of temporary workers this year, as part of efforts to stabilize the company.
Market Challenges: Analysts express skepticism about Porsche's ability to regain high margins and consumer interest in China, emphasizing the need for the new CEO to navigate the complexities of the luxury electric vehicle market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.