Volkswagen International Belgium S.a. While VW has for months been seeking competing bids for Everllence, it has not been previously reported that Porsche SE - the Piech and Porsche families' ...

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 will cut 50,000 jobs in Germany by 2030, following a sharp decline in profits and mounting pressure from US tariffs, weaker demand in China and North America, and higher costs associated ...

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 ...

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

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 ...

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 ...

[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 ...

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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 ...