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Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, t...

BUSINESS NEWS May 08, 2026

Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday.

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Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday.

Author: TechCrunch

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