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2025-07-30 16:09:03
[Porsche Prices Soar: Are Tariffs Eating into Consumer Wallets?] (1) Jochen Breckner, Chief Financial Officer of German luxury carmaker Porsche, stated on July 30th, Beijing time. (2) To address the cost pressures brought on by high import tariffs, Porsche raised its US prices by 2.3% to 3.6% in July. (3) This price adjustment aims to partially offset the increased operating costs caused by tariffs. (4) When asked whether Porsche would consider establishing a production base in the US, Breckner responded that the company is closely monitoring the market's reaction to its product pricing. (5) However, he also clarified that Porsche currently has no concrete plans to build a US factory. (6) This move reflects the direct impact of international trade policies on the operating strategies of multinational companies. (7) When faced with rising costs, the high-end consumer goods market often chooses to pass some of the pressure on to end consumers. (8) This price increase may affect Porsche's sales performance in the US market and test consumers' willingness to accept higher prices. ⑽ ?The market will continue to pay attention to the far-reaching impact of Trump’s tariff remarks on the automotive industry and consumer spending.
