Porsche to Exit Germany’s DAX Index Amid U.S. Tariff Impact
Munich,Bavaria - September 3,2025 – Luxury carmaker Porsche will be removed from germany’s blue-chip DAX index on September 22,according to a wednesday statement from STOXX Ltd. The automaker’s departure follows a notable decline in its share price, attributed in part to U.S. tariffs impacting the European auto industry.
Porsche will be replaced by online listings company Scout24 in the DAX reshuffle, and is expected to transition to the midcap MDAX index later this month, as persistent by a unit of Deutsche Boerse.
The manufacturer of vehicles like the 911 and luxury SUVs has experienced a challenging period, marked by repeated downward revisions to its financial outlook.The company has cited the impact of U.S.President Donald Trump’s tariffs on European autos, alongside weak demand in China and a slower-than-anticipated shift to electric mobility, as contributing factors.
Porsche shares have fallen more than a third in the last 12 months. The company originally joined the DAX three years ago, following its initial public offering in September 2022.
“We aim to return to the DAX ‘as soon as possible,'” Porsche CEO Oliver Blume told german newspaper FAZ on Thursday, attributing the index relegation to technical factors.