Automotive giant expelled from stock exchange: Shares crash

According to a statement by Deutsche Börse, which runs the stock exchange, Porsche AG and laboratory equipment manufacturer Sartorius will no longer be included in the index starting September 22, 2025. In their place, engineering company GEA and digital real estate platform Scout24 will be traded on the DAX for the first time.

Shares suffered sharp losses

Porsche's share price opened at €82.50 in its IPO at the end of 2022 and quickly rose to €120. However, a recent sharp decline has brought the shares down to €45. This loss was decisive in the company's removal from the index.

Despite having a strong brand image in the luxury segment, Porsche is facing challenging times due to shrinking demand, particularly in China, trade tensions with the US, and underperforming electric vehicle sales. While the brand's electric Taycan represents its innovative approach, it has failed to capture the same impact as Porsche's iconic 911. This has limited interest in higher-priced electric vehicles.

German manufacturers are in trouble

Experts interpret Porsche's removal from the index not as a brand-specific issue, but rather as a reflection of the structural difficulties facing the German automotive industry. While the weight of automotive companies within the DAX has diminished over the past decade, the rise of Chinese manufacturers and US trade policies are putting pressure on German giants.

The company is expected to recover in the coming period. However, there are rumors that management changes may be on the horizon. It's being suggested that Oliver Blume, who currently manages both Volkswagen and Porsche, may focus solely on the parent company in the coming period.

IT WILL DIRECTLY AFFECT INVESTORS

Such changes to the DAX, MDAX, SDAX, and TecDAX indices will result in portfolio restructuring, particularly for investment funds that track these indices directly. This means investors will be directly affected.