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 ...
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' s top executives ...
Its share of electric vehicle sales grew in most of the world, with VW ending up at 11% of that market or just under 1 million vehicles. In Europe, it sold 19% of all EVs, up seven percentage points ...
Porsche AG’s new CEO Michael Leiters plans to make the German manufacturer leaner and add models positioned above the 911 to ...
Porsche's new CEO announced plans on Wednesday to draw on high-margin sports cars, such as the iconic 911, to recoup losses ...
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 ...
BERLIN, March 11 (Reuters) - German carmaker Porsche, a subsidiary of Volkswagen, expects its operating margin to rise ...
[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 ...
Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands ...
One example of how the old approach no longer works is the carmaker’s extensive production in Mexico, where costs are lower and a free trade agreement gave it access to the United States. Trump’s 27.5 ...
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