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.
The investor call was held before a closed period on company information ahead of annual results scheduled for March 11.
In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer ...
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...
Investing.com -- Volkswagen (ETR: VOWG_p) shares rose more than 1% in Europe after the company offered a trading update for ...
These days there is precious little that Porsche and Volkswagen CEO Oliver Blume can smile about. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...
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 ...
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 ...