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 ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

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

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...

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

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

This is where you'll find the most important stories that are shaping the way Americans drive and get around. In this morning ...

Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset ...

Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between running the luxury sports carmaker or its much larger parent, Volkswagen, amid a growing crisis at both carmakers.

We are not happy to see him go," Porsche Group Works Council chairman Uwe Hück said in a statement. "But his successor, Oliver Blume, is no budding manager; rather he is in full bloom.

Porsche has announced that the electric Cayenne will debut late in 2025. The carmaker is also considering adding a new gasoline / hybrid SUV to join the Cayenne and Macan ranges.