Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.

VW Group will have no new members in its EV range this year, prolonging the difficult times at the German car making giant ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...

In short, VW’s deep pockets and bulk-buying muscle could help streamline production costs and supply chain headaches for ...

Porsche listed 12% of its equity independently, unbundling from Volkswagen in September 2022. Its goals for the listing included reaching a return on sales greater than 20% over the longer term ...

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...

German luxury sports car manufacturer Porsche AG announced a significant 28 decline in 2024 sales in China with the company ...

Y ou'd think that with the rapid expansion of domestic Chinese carmakers - and the sheer number of upstart carmakers - the ...

The German sports-car maker said on Monday it had delivered 56,887 vehicles to China last year, down 28 per cent on 2023 and offsetting growth in all other regions, pushing Porsche ’s total deliveries ...