Volkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...

Volkswagen Group has secured enough chips for now. CEO Oliver Blume highlights the fragile chip supply chain. A Chinese export ban on Nexpe...

In a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...

Porsche AG anticipates prolonged margin pressures due to a shift in its product strategy, prioritizing combustion engine models in response...

The European automotive industry faces a challenging period as evidenced by the Munich car show. Declining profits in China, tepid European...

Volkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...

Volkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...

Volkswagen is considering introducing its affordable small electric cars to the Indian market, leveraging partnerships to optimize their in...

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...

Volkswagen's CEO Oliver Blume has announced the need for significant cutbacks in Germany due to a shrinking European market and rising comp...

Talks about Google Automotive Services are underway, Blume said, adding the carmaker was also in talks with technology firms in China about...

Attracting interest from a broad range of investors was important, Blume said, declining to comment on what proportion of Porsche shares Vo...

Volkswagen triggered a listing of sportscar brand Porsche late on Monday after months of deliberation, but cautioned the move was still sub...

At a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...

Porsche boss Oliver Blume will succeed Diess within weeks, ending a four-year tenure in which his hard-nosed leadership style caused consta...

Oliver Blume, who is now CEO of Porsche, will succeed Diess. Volkswagen also said the company's chief financial officer, Arno Antlitz, will...

Herbert Diess's departure comes as the company is pushing to beat Tesla at becoming the world's top electric vehicle maker, catch up on sof...