Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands ...

Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.

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 ...

By Rachel More WOLFSBURG, Germany, March 10 (Reuters) - Volkswagen is in for another tough year dominated by tariffs and the battle to win back China, after Europe's largest carmaker reported a slump ...

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 said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.

WOLFSBURG, March 10 (Reuters) - Conflict in the Middle East is not impacting Volkswagen's supply ‌chain but could hit demand for its premium marques Audi and Porsche (P911_p.DE), opens new tab, group ...

Europe's largest carmaker, Volkswagen, announced it would cut as many as 50,000 jobs in its domestic market, Germany, by 2030, as its profit slid ...

The Taycan's future is certainly limited, but its concept isn't going anywhere.

When it looked like the whole world would be enthusiastically driving all-electric vehicles by the end of the decade, it made sense for Porsche to introduce the Taycan EV as a complement to its ...

While most of us were taking the day off to recharge for the new week, Porsche engineers spent Sunday working, and the ...