In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...

Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.

Ferrari’s pricing power, loyalty, and strong financials support long-term growth, though valuation limits near-term upside.

Now, Trump has reached a similar agreement with the European Union. In this latest deal, agreed upon in a meeting between ...

Oliver Blume, chairman of the board of management of Porsche AG, speaks at the 2025 annual press conference. [Photo provided to chinadaily.com.cn] China is central to Porsche's global business ...

Volkswagen just confirmed what many in the industry suspected it’s been hit hard by the U.S. trade war. The company took a €1 ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...

Porsche, the brand that once thrived on profit margins as crisp as the handling of a 911 on a damp B-road, has delivered a ...

After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

It’s too early to tell whether the Cayenne EV will move the needle, but Porsche may be encouraged by the strong start of its ...