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Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...
BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.
Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...
Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned ...
Volkswagen AG’s Audi lowered its financial outlook for 2025 as President Donald Trump’s tariffs and the costs of ...
Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset ...
This is where you'll find the most important stories that are shaping the way Americans drive and get around. In this morning ...
Porsche, the brand that once thrived on profit margins as crisp as the handling of a 911 on a damp B-road, has delivered a ...