German carmaker BMW reported a 3% fall in annual profit today, despite US tariffs and cutthroat competition in China, far smaller than the double-digit plunges seen at rivals. Net profit in 2025 fell ...
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.
Volkswagen job cuts target 50,000 roles as profits fall 44% amid China competition, U.S. tariffs, and EV transition ...
The VLE will launch on our side of the pond with 272 horsepower and a stretched wheelbase.Mercedes-Benz has pulled the sheet back on its latest electric model, and it's a big one.The VLE is a one-box ...
Porsche’s new CEO has made some promising comments that appear to hint at a possible new hypercar. Porsche hints at developing a new hypercar above the 911 after financial challenges. CEO Michael ...
Porsche is reportedly considering replacing both the Taycan and Panamera with one flagship sport sedan offered with gasoline, plug-in hybrid, and fully electric powertrains. The move could cut ...
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 ...
The Cayenne S Electric features an all-wheel-drive system powered by a pair of electric motors, on the front and rear axles. The setup produces 400 kW (536 hp) under normal conditions and up to 490 kW ...
BERLIN, March 11 (Reuters) - ⁠German ⁠carmaker Porsche, ⁠a subsidiary of ​Volkswagen, expects its operating ‌margin to rise ...
Porsche's new CEO announced plans on Wednesday to draw on high-margin sports cars, such as ‌the iconic 911, to recoup losses ...
Volkswagen had been eyeing 10% U.S. market share for a long time, but that's hard to do building cars in Mexico, under current tariff policy.
The ultimate goal is to push operating margins back up to somewhere between 8-10 percent, VW CEO Oliver Blume says. Until then, Volkswagen’s message is pretty straightforward. The industry is getting ...