Facing intense market conditions, and amidst efforts in realigning the Group’s strategies, Porsche saw a 92.7% decline in its FY2025 operating profit.
The first model to be launched under this new naming convention will be the ID. Polo in 2026.
The marque attributed its growth to the widespread distribution and geographic balance of its markets, reflecting the solidity of its business strategy.
The brand has also announced that the Polestar 5 will be launched in the second half of 2025, and that the Polestar 7 will be a premium compact SUV.
Hyundai and Kia turn up electric vehicle efficiency with the development of a new and innovative heat pump technology.
Kia Motors Corporation has announced its intention to take a leadership position in future sectors such as electrification and mobility services.