After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in ...

Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between running the luxury sports carmaker or its much larger parent, Volkswagen, amid a growing crisis at both carmakers.

Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived conflict of interest and mounting problems in China.

This is where you'll find the most important stories that are shaping the way Americans drive and get around. In this morning ...

Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...

The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...

The Volkswagen Group on Friday reported a drop in second quarter net profit, weighed down by weak performance at its premium ...

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.