Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
Volkswagen Group’s initial plan to phase out internal combustion engine models in Europe by 2033 is reportedly under review.
Porsche is a German sports car manufacturer and part of the broader Volkswagen Group since August 2012. Founded in 1931 by ...
It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by ...
Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...
Porsches started out with the driver in front of the engine, but this changed in time for some memorable models -- inlcluding ...
Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand ...
The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...
Germanys auto industry is facing challenges with declining sales, high production costs, and trade tensions. The upcoming ...
Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...
The next Porsche and Audi EVs could be made in the US. Volkswagen is considering moving Porsche and Audi EV production to the US after Trump threatened new tariffs on Europe, Mexico, Canada ...