CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the ...

Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.

Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...

Porsche says President Donald Trump’s tariffs will hit its financials by $462 million this year. Sweeping 2.3 percent and 3.6 ...

Some luxury firms may have a little more power than others. Birkin bag maker Hermes raised prices by 7 percent globally, with ...

German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...

Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...

European luxury carmakers including Porsche and Aston Martin have surged ahead with U.S. price hikes, which could point the ...

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

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

Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new course for China, where it is struggling with poor demand and waning relevance.

Volkswagen VWAGY CEO, Oliver Blume, has brushed off concerns over the rising threat from Chinese electric vehicle (EV) makers, claiming European manufacturers hold an edge over their Chinese ...