Porsche's new CEO announced plans on Wednesday to draw on high-margin sports cars, such as ‌the iconic 911, to recoup losses ...

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

German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese ...

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 in operating profit on Tuesday and forecast only a ...

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 ...

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 ...

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.

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

Porsche’s new CEO Michael Leiters is expected to focus on cost cuts and strengthen combustion-engine offerings as the ...

BERLIN, March 11 (Reuters) - ⁠German ⁠carmaker Porsche, ⁠a subsidiary of ​Volkswagen, expects its operating ‌margin to rise ...

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

German auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense competition, especially from Chinese electric vehicle makers.