Two one-time charges nearly wiped out Porsche AG's operating profit in 2025, a collapse that highlights the challenges that lie ahead for Europe's long-term EV strategy. View on euronews ...
Strategic readjustment at Porsche, as well as dwindling sales in both main export markets, the US and China took a big bite out of VW' s 2025 profits— which almost halved.Volkswagen' s top executives ...
Volkswagen said Monday that it would list its iconic sports car maker Porsche in one of the biggest initial public offerings in years and a crucial test of investors’ confidence as high inflation and ...
Its share of electric vehicle sales grew in most of the world, with VW ending up at 11% of that market or just under 1 million vehicles. In Europe, it sold 19% of all EVs, up seven percentage points ...
Volkswagen Group set the final listing price for Porsche at 82.50 euros per share, valuing the company at 75 billion euros ($73 billion) as it seeks to prove that the iconic sports-car brand can ...
Porsche AG’s new CEO Michael Leiters plans to make the German manufacturer leaner and add models positioned above the 911 to ...
Volkswagen is finally taking Porsche public. Following months of speculation, the multinational auto giant announced on Monday that it plans to spin off the storied sports car maker, according to ...
Porsche's new CEO announced plans on Wednesday to draw on high-margin sports cars, such as ‌the iconic 911, to recoup losses ...
The net asset value discount between Porsche Holding and its holdings in Volkswagen Group and Porsche AG is 17.2bn euros, almost the same as the market cap of Porsche Holding. More important is that ...
One example of how the old approach no longer works is the carmaker’s extensive production in Mexico, where costs are lower and a free trade agreement gave it access to the United States. Trump’s 27.5 ...
Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its lowest ...
The idea that a Volkswagen could “save” Porsche sounds like internet folklore, but there is a real business story behind it. The Touareg did not hand Porsche a bailout check. What it did was make ...