Porsche specializes in desirable sports cars, but there is one groundbreaking model that never got the love it deserves.

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

Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,

German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's largest car market hit German carmakers.

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

Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer.

In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold,

The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only

Kepler Capital analyst Michael Raab maintained a Buy rating on Volkswagen (0P6O – Research Report) on January 23 and set a price target of

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 ...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...

Skoda Volkswagen India plans to introduce its first India developed EV by 2030. Piyush Arora, the Group MD and CEO stated that intially the companies will bring in global EVs before introducing an India developed model.