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.
Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its lowest ...
Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands ...
CEO of Volkswagen AG Oliver Blume speaks at the Volkswagen Group's annual press conference in Autostadt. Julian Stratenschulte/dpa Profit at Germany's Volkswagen Group almost halved last year as costs ...
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a potential trade war between the U.S. and Europe, Oliver Blume — chief executive of ...
[Stay on top of transportation news: Get TTNews in your inbox.] Porsche AG and its parent Volkswagen AG cut their outlook for the year, citing the sports-car maker taking a 1.8 billion euro ($2.2 ...
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, and other ...
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(TestMiles) – IAA Mobility 2025 showcases Audi’s Concept C, Porsche’s hybrid 911 Turbo S, and Volkswagen’s affordable EVs, redefining the future of transportation. Munich’s global auto show reveals ...