Porsche Tries to Assure Chinese Dealers as EV Sales Falter

(Bloomberg) — Porsche AG is in talks with Chinese dealers to smooth out relations as weaker sales of electric vehicles force the auto industry to rethink the transition away from combustion-engine cars.

The German carmaker is discussing with its Chinese retailers how to adapt their business strategies and customer service to market changes, according to a statement. Porsche didn’t provide details on a new direction, but said both sides plan to work more closely together.