Porsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...

German 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 China will gradually shut down its own charging network of around 200 stations from March 1, Yicai reported, citing the company.

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

Porsche 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 outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...

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 experienced an 8% drop in global deliveries during the first quarter, primarily due to decreased demand in China and Europe, with d...

German automakers are losing ground in China's high-performance car market to Chinese rivals like Xiaomi, which offers electric, smart, and...

Porsche AG is replacing its China CEO, Michael Kirsch, with Alexander Pollich, effective September 1, 2024. Pollich, an experienced sales e...

Porsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steer...

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

"His (Vujicic) extensive experience in the retail business and network development will be crucial for the coming years. We have ambitious ...

Despite debt crisis in Europe, Volkswagen Group owned, Super-sports car maker Porsche AG has posted a healthy 14% growth in the first 6 mon...

Cayenne output will increase by 10% to 20% starting in 2012, Bernhard Maier, Porsche’s sales chief, said in an interview.

Volkswagen took a further step towards merging with Porsche when it announced on Wednesday that it would buy Porsche Holding, a leading Eur...

Volkswagen said on Friday its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche, as Europe's bigges...