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 ...

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 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 ...

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.

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

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

VW also recorded a decline in sales.

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.

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 ...

Slowing demand, tariffs, and geopolitical uncertainty are cutting into the profits of Volkswagen’s most lucrative brands.