Atlanta, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS), headquartered in Atlanta, Georgia has issued an auto Asset Backed Securities (ABS) offering in the USA with a principal amount of $870.4 million dollars. This is the second bond issuance for Porsche Financial Services, Inc., in 2025.
The trade dispute between China and the Netherlands over Dutch chipmaker Nexperia that is threatening to disrupt production in the automotive sector needs a quick diplomatic solution as industry alone cannot resolve it, a member of Volkswagen's supervisory board said.
Analysts say earnings and sentiment could now be at a trough, after the company late last week backed full-year guidance and reported earnings consistent with last month's profit warning.
Volkswagen Group , which owns Audi and Porsche, has secured a sufficient supply of chips for now, its CEO told a German weekly, as a Chinese export ban on finished products by semiconductor maker Nexperia has European carmakers scrambling for supplies.
Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump's tariffs have taken a toll on the sport-car maker.
Porsche swung to a wider-than-expected operating loss in the third quarter, it said on Friday, plunging the German sports car maker deeper into crisis as it changes course on electric vehicles and battles to stem sinking sales in top market China.
Volkswagen said on Friday that production at its German sites is secured for the coming week but short-term impacts remain possible as the carmaker works to shield its supply chains from a dispute over Dutch chipmaker Nexperia.
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to an end. It won't make for pretty reading.
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