Porsche profit rebounds as luxury carmaker reduces exposure to China
Summary
German luxury automaker Porsche has announced a rebound in profits for the first nine months of the year. During the same period, the company has actively decreased its involvement in the Chinese automotive market.
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.
Source: Read the full story at US Top News and Analysis
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