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-5.10960094016193E-05 -5.10960094016193E-05 -0.000919728169230018 0 0.00503397884625207 0.00886515763118893 0.00536508098717481 0.00444535281794494
Stock impact report

Porsche crowns Cayenne Electric ‘most powerful production Porsche of all time’ [Verge, The]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Verge, The
Of course the famed German automaker would tout its all-electric SUV as “the most powerful,” the quickest — both off the line and in a charging stall — and record-setting in so many ways. The question remains: how beastly are we talking? Now, thankfully, the Cayenne Electric is coming more into focus. Today, the new Cayenne is officially joining the existing lineup of gas and hybrid Caynne powertrains to round out what the automaker is calling “a new era for Porsche.” It makes sense that Porsche would be trying to turn a new page. After all, this is an automaker long touted as the epitome of German engineering prowess that presently finds itself mired in a crisis. US tariffs, plus an unrelenting price war in China, has fueled steep losses at Porsche, including a $1.1 billion operating loss in the third quarter alone. And EV sales, especially in the luxury segment, are looking increasingly fraught in the current environment. Can the Cayenne Electric help turn things around? The s Show less Read more
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