By Rachel More and Ilona Wissenbach BERLIN, March 11 (Reuters) - Porsche's new CEO announced plans on Wednesday to draw on ...

Volkswagen, Europe’s largest carmaker, has reportedly announced plans to cut around 50,000 jobs in Germany by 2030 as it grapples with mounting global challenges ranging from intensifying competition ...

Sports car-maker Porsche warned Wednesday of a tough year ahead after its profit virtually vanished in 2025 amid cut-throat ...

Porsche AG’s new CEO Michael Leiters plans to make the German manufacturer leaner and add models positioned above the 911 to ...

Volkswagen reported a 54% drop in pre-tax profits to €8.9 billon (£6.6 billion), citing US tariffs and a costly strategy shift at Porsche. Net profit after tax fell by around 44% in 2025, from €12.4 ...

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 ...

25 years ago, Porsche revealed the Carrera GT at the 2000 Paris Motor Show with a glorious Le Mans-derived 5.7-liter naturally aspirated V10 engine, and in 2010, the German automaker presented the 918 ...

Volkswagen Group (Volkswagen, Audi, Porsche, etc.) sold 9,022,000 units in the global market last year, maintaining its ...

The Munich-based firm says net profit in 2025 fell to US$8.6 billion.

Volkswagen job cuts target 50,000 roles as profits fall 44% amid China competition, U.S. tariffs, and EV transition ...

Volkswagen Layoffs: Volkswagen CEO Oliver Blume said in a letter to shareholders, "In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany." ...

German carmaker BMW reported a three percent fall in annual profit on Thursday, despite US tariffs and cutthroat competition in China, far smaller than the double-digit plunges seen at rivals. In ...