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Tuesday, October 27, 2026Updated 18:58 UTC

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Porsche profit rebounds as luxury carmaker reduces exposure to China

Source: CNBC · Oct 27, 2026 10:08 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Luxury German carmaker Porsche said it's rapidly reducing its exposure to the Chinese autos market after reporting a profit recovery in the first nine months.

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