Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...
Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...
Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...
During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.
Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer ...
Investing.com -- Volkswagen (ETR: VOWG_p) shares rose more than 1% in Europe after the company offered a trading update for ...
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 ...
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...