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...
23 Apr, 2026, 05.37 PM IST
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...
21 Apr, 2026, 11.29 AM IST
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...
11 Apr, 2026, 08.08 AM IST
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.
22 Dec, 2025, 06.02 PM IST
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...
06 Dec, 2025, 05.50 PM IST
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...
24 Oct, 2025, 11.45 PM IST
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, ...
24 Oct, 2025, 10.57 AM IST
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...
17 Oct, 2025, 01.09 PM IST
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...
08 Apr, 2025, 12.52 PM IST
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...
17 Feb, 2025, 10.38 AM IST
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...
20 Jul, 2024, 03.23 PM IST
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 ...
02 Dec, 2020, 12.32 PM IST
Porsche China to recall 14,571 vehicles due to faulty camshaftThe cars carry safety hazards as the tap bolt on the camshaft adjuster may loosen or break, state-run Xinhua news agency reported.
08 Feb, 2015, 03.20 PM IST
- Super-sports carmaker Porsche posts 14% growth in first half of 2012
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...
12 Jul, 2012, 12.51 PM IST
- Porsche to raise cayenne output
Cayenne output will increase by 10% to 20% starting in 2012, Bernhard Maier, Porsche’s sales chief, said in an interview.
11 Jul, 2011, 04.11 AM IST
- Volkswagen buys major European car seller from Porsche
Volkswagen took a further step towards merging with Porsche when it announced on Wednesday that it would buy Porsche Holding, a leading Eur...
10 Nov, 2010, 10.17 PM IST
- Porsche to recall 640 vehicles of 3 models in China
China's quality watchdog said today that Porsche China will recall 640 vehicles of three models due to a potential safety belt defect.
13 Apr, 2010, 01.31 AM IST