financetom
Business
financetom
/
Business
/
Porsche to assess passing on possible US tariff costs to consumers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Porsche to assess passing on possible US tariff costs to consumers
Mar 12, 2025 2:11 AM

March 12 (Reuters) - Porsche's CFO said on

Wednesday that the company will assess the option of passing on

some of the costs that U.S. President Donald Trump is

threatening to impose on imports from the EU to consumers but

hopes that a "sensible" tariff regime will prevail.

"When the subject becomes concrete we will assess which

price options there are to pass on consumers," Chief Financial

Officer Jochen Breckner said at a press conference following the

carmaker's release of 2024 results.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cimpress Closes $525 Million Private Debt Offering, Amends Credit Agreement
Cimpress Closes $525 Million Private Debt Offering, Amends Credit Agreement
Sep 30, 2024
04:45 PM EDT, 09/26/2024 (MT Newswires) -- Cimpress ( CMPR ) said late Thursday that it completed a private $525 million offering of 7.375% senior notes due 2032. Additionally, the company said it extended the maturity of its revolving credit facility and amended the interest rate to the loans under the credit line. The company said it used the net...
Costco Fourth-Quarter Earnings Top Views, Revenue Misses
Costco Fourth-Quarter Earnings Top Views, Revenue Misses
Sep 30, 2024
04:50 PM EDT, 09/26/2024 (MT Newswires) -- Costco Wholesale's ( COST ) fiscal fourth-quarter earnings rose more than expected while the warehouse chain's revenue fell short of Wall Street's estimates. Per-share earnings rose to $5.29 during the 16 weeks ended Sept. 1 from $4.86 a year earlier, compared with the $5.06 consensus on Capital IQ. Revenue increased to $79.7 billion...
Amazon tops $1.8 bln ad-spending commitment target for video-streaming services, The Information reports
Amazon tops $1.8 bln ad-spending commitment target for video-streaming services, The Information reports
Sep 30, 2024
Sept 26 (Reuters) - Amazon ( AMZN ) has exceeded its goal of attracting $1.8 billion in ad-spending commitments on its video-streaming services for next year, The Information reported on Thursday citing a person with direct knowledge of the company's ad sales efforts. Advertisers negotiate large TV and streaming ad commitments for the coming 12 months in the upfront ad...
Grid Dynamics Acquires Software Engineering Firm Juxt
Grid Dynamics Acquires Software Engineering Firm Juxt
Sep 30, 2024
05:04 PM EDT, 09/26/2024 (MT Newswires) -- Grid Dynamics Holdings ( GDYN ) said Thursday it has acquired UK-based software engineering firm Juxt to support its expansion in the banking and overall financial services industry, particularly in Europe. The acquisition adds Juxt's expertise in developing complex end-to-end data services, from design to ongoing management, for enterprise clients in financial services...
Copyright 2023-2026 - www.financetom.com All Rights Reserved