Recent news about the financial difficulties of Porsche Automobil Holding SE has drawn attention from investors and analysts, highlighting significant shifts within the European automotive industry. According to a report, the company expects that in the 2024 financial year, losses after tax will amount to approximately €20 billion, equivalent to $21.7 billion. This data underscores the challenging circumstances faced by leading automotive manufacturers in Europe, particularly Volkswagen AG, the largest shareholder of which is Porsche SE.