Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.

Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...

Unfortunately, the rug was pulled from under Porsche and other brands that participated in the China Family Car Program. The government cancelled the program in 1995, leaving Porsche with a car they ...

In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...

Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...

Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer ...

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...

The investor call was held before a closed period on company information ahead of annual results scheduled for March 11.

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...