Vintage Paint-Chipped Silver Porsche Speedster

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china crisis

Porsche’s problems in China just keep getting worse

Sales in the region fell by more than a fifth in Q3.

10/10/25 5:12AM

We’re now at the stage where another quarterly deliveries report from Porsche essentially means another instance where the automaker attempts to say as little as possible about the issues it’s facing in China before swiftly moving on to the brighter parts of the business.

In the third quarter, the company delivered just 10,893 cars in China, down 21% year on year, with sales in the country 26% lower across the first nine months of the year, compared to the same period in 2024. Porsche pointed to “challenging market conditions, particularly in the luxury segment,” as well as “the intense competition in the Chinese market” to explain the continuing declines. Unfortunately for the German car giant, things haven’t been roaring in the region for quite some time now.

Though year-over-year sales have also dropped in its home nation of Germany over the first three quarters of 2025, down 16% from around 27,000 last year to roughly 22,500 so far this year, China has been the biggest drag on the company behind the Cayenne and the 911, which saw global shipments drop 6% in the first nine months.

However, Porsche is hardly alone in its struggles in the world’s biggest car market: Mercedes and BMW also reported sales drops in China this week, as local competition from BYD and Xiaomi eats into Western automakers’ share of the market.

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American Airlines joins the flock, hiking bag fees amid higher jet fuel prices

American Airlines on Thursday announced that it, too, will be hiking the fees it charges customers to check luggage.

With the move, all four of the major US airlines, which together control about 80% of the US market, have now hiked their baggage fees in recent days amid surging jet fuel prices.

The change will go into effect on tickets bought on or after Thursday, the same day Southwest’s hike begins.

Since late March, JetBlue, Delta Air Lines, United Airlines, Canada’s WestJet, and Southwest have hiked their fees. Experts expect more major carriers to follow, and to potentially tweak the pricing of other ancillary revenue sources like seat assignments and carry-on luggage.

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The change will go into effect on tickets bought on or after Thursday, the same day Southwest’s hike begins.

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Less than a year after implementing them, Southwest is also hiking its bag fees

Southwest Airlines has joined the growing list of airlines opting to hike their bag fees amid sustained higher jet fuel costs.

Starting today, the first checked bag at the carrier — which implemented bag fees less than a year ago — will jump from $35 to $45, and the second from $45 to $55. Southwest quietly disclosed the change Tuesday.

Southwest assigned the decision to “part of an ongoing analysis of the business and against the evolving global backdrop.”

As of Wednesday, jet fuel prices dropped to $4.16 a gallon, per the Argus US Jet Fuel Index, down from $4.81 on Tuesday following President Trump’s ceasefire announcement, which sent travel stocks soaring. Major airlines have shed some of those gains in premarket trading Thursday.

With the move to hike bag fees, Southwest joins JetBlue, United Airlines, Delta Air Lines, and Canada’s WestJet, all of which also boosted fees this month. Experts expect more major carriers to follow, and to potentially tweak the pricing of other ancillary revenue sources like seat assignments and carry-on luggage.

Three US airlines have already hiked baggage fees. More are likely on the way.