28 April 2026
28 April 2026
Europe has built a policy framework to electrify its car market and reduce its dependence on energy imports.
The companies are among a shrinking group still selling affordable smaller cars in the US, after local manufacturers increasingly concentrated on SUVs and pickup trucks.
The Japanese carmaker said the change was driven by a one-off positive effect linked to revisions in US emissions rules, alongside continued cost-cutting measures and supportive foreign exchange movements.
Global sales for the month fell 7.3% from a year earlier to 897,871 vehicles.
The company said the disposal is expected to reduce its net debt by at least €1bn after adjustments once the deal closes.
Total volumes were driven lower mainly by weak overseas sales.
Market driven by a strong surge in BEV and HEV deliveries, following the recent Bangkok International Motor Show.
As part of the deal, Porsche will dispose of its 45% interest in Bugatti Rimac, the joint venture createdwith Rimac Group in 2021, as well as its 20.6% stake in Rimac Group.
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