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PORSCHE CHINA MARKET
Make-or-break moment for Qualcomm? April 29 earnings may reveal what’s next for QCOM stock - key signals to watchQualcomm (QCOM) earnings expectations April 29: Qualcomm investors await the April 29 earnings report. The company faces a weakening smartp...- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
- Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Luxury carmakers' gold-leafed Gulf profits are under threat from Iran warLuxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...
- Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- Porsche to wind down charging network in tough China market, agency reportsPorsche China will gradually shut down its own charging network of around 200 stations from March 1, Yicai reported, citing the company.
- VW Group to spend $186 billion by 2030, focus on Germany, EuropeVolkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...
- Incoming Porsche CEO is on a road full of challengesPorsche is set to report a significant operating loss. The German sports car maker faces challenges in China and from U.S. tariffs. A new C...
- Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
- Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
- Porsche Q1 deliveries fall 8% on weaker demand in China and EuropePorsche experienced an 8% drop in global deliveries during the first quarter, primarily due to decreased demand in China and Europe, with d...
- Why Porsche is no longer a 'premium' sports car in ChinaGerman automakers are losing ground in China's high-performance car market to Chinese rivals like Xiaomi, which offers electric, smart, and...
- Porsche replaces China boss amid sales slumpPorsche AG is replacing its China CEO, Michael Kirsch, with Alexander Pollich, effective September 1, 2024. Pollich, an experienced sales e...
- Porsche AG Q1 Results: Operating profit drops 30% to $1.37 billion on ramp-up costsPorsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steer...
- Porsche in talks with Google about integrating software: CEO Oliver BlumeTalks about Google Automotive Services are underway, Blume said, adding the carmaker was also in talks with technology firms in China about...
- Porsche appoints Manolito Vujicic as head of India operations"His (Vujicic) extensive experience in the retail business and network development will be crucial for the coming years. We have ambitious ...
- Super-sports carmaker Porsche posts 14% growth in first half of 2012Despite debt crisis in Europe, Volkswagen Group owned, Super-sports car maker Porsche AG has posted a healthy 14% growth in the first 6 mon...
- Porsche to raise cayenne outputCayenne output will increase by 10% to 20% starting in 2012, Bernhard Maier, Porsche’s sales chief, said in an interview.
- Volkswagen buys major European car seller from PorscheVolkswagen took a further step towards merging with Porsche when it announced on Wednesday that it would buy Porsche Holding, a leading Eur...
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