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Porsche's decline from crown jewel to millstone for parent Volkswagen

🏎️ Volkswagen’s Golden Child Is Stalling Out

Published by OOPSONLINE.IN · Source: Reuters · 1 min read · · Updated

🚀 OOPS SAYS

Usually, you buy a Porsche to deal with a midlife crisis, not to actively cause one. That is one incredibly expensive check engine light.

What actually happened

Long Volkswagen's most reliable profit driver, luxury sports car maker Porsche has become its biggest problem, creating a road ​bump for CEO Oliver Blume's restructuring plans at Europe's biggest carmaker.

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