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.
In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...
Volkswagen could not immediately be reached for comment after business hours. Addressing a cost-cutting deal struck with ...
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...
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 ...
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 ...