Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GooglePorsche anticipates a $351 million impact from US tariffs in April and May, affecting its financial results as discussed in an investor call.
FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import tariffs in April and May, the luxury sportscar manufacturer said in slides published after an investor call ahead of quarterly results.
The company had previously spoken only of a hit in low triple-digit million euros for the two months, without giving a firm number.
($1 = 0.8542 euros)
(Reporting by Christoph Steitz and Ilona WissenbachEditing by David Goodman)
Porsche expects a financial hit of 300 million euros, equivalent to $351 million, due to absorbing U.S. import tariffs in April and May.
Previously, Porsche had only indicated a hit in low triple-digit million euros for the two months without providing a specific number.
The article mentions that $1 is equivalent to 0.8542 euros.
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