Porsche lowers profit outlook due to Trump tariffs and slowdown in electric car market.

Porsche has announced that its profit margin will drop to single digits this year, issuing a warning about the rising costs due to President Trump's car tariffs and slow adoption of electric cars. The company stated that it expects the sales return rate to fall to 6.5%, previously forecasted to be at least 10%; and lowered its sales revenue expectations to 37 billion euros, down from 39-40 billion euros. Porsche indicated that the impact of US tariffs affected April sales and will also affect performance in May, but the company cannot estimate the impact afterwards.