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Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...- 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...
- Volkswagen group eyeing 5% market share in India before turn of decade: SAVWIPL MD & CEOVolkswagen Group aims for a 5 percent market share in India by 2030. Alternative fuel technologies will be crucial for this growth. The com...
- 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 mulls cutting electric sports cars to rein in budgetPorsche AG may halt its electric sports car plans. Development delays and rising expenses are key concerns.
- 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...
- 'Party's over' in China: European carmakers face tariffs, price warThe European automotive industry faces a challenging period as evidenced by the Munich car show. Declining profits in China, tepid European...
- Porsche waters down EV ambitions, says transition will take 'years'Porsche adjusts its electric vehicle sales target, now linking it to customer demand and industry developments. The carmaker acknowledges t...
- Volkswagen Group working on entry-level EV for IndiaVolkswagen Group plans to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, according to the CEO o...
- Porsche-backed Sensigo deploys AI tools to iron out vehicle repairsSensigo, the second of six mobility startups that Porsche is launching over the next three years with UP Partners, said its AI-powered serv...
- Porsche optimistic about growth prospects in Indian marketGerman luxury carmaker Porsche is bullish about growth prospects in the Indian market given the strong momentum and the local government’s ...
- Amid declining luxury car market, Porsche unveils electrifying future plans for IndiaIndia's luxury car market has seen a surge in sales, with a 38% increase in June. Porsche is taking advantage of this trend by planning mul...
- Porsche expects around 80 pc sales in India from EVs by 2030The company, which sells a range of luxury sports cars and SUVs priced between Rs 88 lakh and Rs 4.26 crore, is targeting GenZ customers, s...
- Porsche's iconic 911 to be sole survivor of automaker's combustion modelsPorsche aims for electric vehicles to make up 80% of sales by 2030, with plans to electrify its compact SUV Macan, 718 sports car and best-...
- Porsche to conquer waterways with its $655,000 electric speedboatThe boat will accommodate nine people, who can enjoy a swimming platform, sun lounge, premium sound system and refrigerator while on board....
- Porsche's Taycan set to give stiff competition to Tesla with 60 miles of charge in 4 minutesThe Taycan has a 800-volt battery that can absorb fast-charging rates of up to 350 kilowatts.
- Porsche to launch electric vehicle in India in early 2020The India launch will follow the global launch in the last quarter of 2019, said the director of Porsche India, Pavan Shetty.
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