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PORSCHE STRATEGY REVERSAL
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.
The electric car transition unravels slowly, then all at onceThe global electric vehicle transition is facing a more uncertain phase, with major automakers like Ford announcing significant charges and...
Volkswagen swings to 1.3-billion euro loss in Q3 on tariff, Porsche woesVolkswagen reported a 1.3-billion-euro operating loss in the third quarter, significantly impacted by billions in costs from U.S. tariffs a...
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...
Dragon in the driving seat: As China becomes the epicentre of the electric age, India feels the tremorsChina is rapidly dominating the electric vehicle market, showcasing cutting-edge technology and innovation at the Shanghai Auto Show. This ...
Tesla scraps low-cost car plans amid fierce Chinese EV competitionTesla has canceled its affordable Model 2 car, which was expected to drive the company's growth into a mass-market automaker. The decision ...
Global automakers such as General Motors, Volkswagen face electric shock in ChinaThere are no foreign brands among the top 10 automakers in the new energy vehicle segment this year, with the notable exception of Tesla in...
Meet this maverick short seller whose favourite pastime is exposing ‘bad companies’Some of the most respected people in the investing industry say that nobody has had a better nose for sniffing out fraud than the 56-year-o...
Volkswagen's Scania buyout bid clears acceptance hurdleVolkswagen's 6.7 billion euro ($9.22 billion) offer for its Swedish truck division Scania was accepted by minority shareholders.
- Porsche fights green campaign, but may be it’s time to change colour
The chairman of Porsche SE has just got himself into a row with London Mayor Ken Livingstone, who plans to impose hefty congestion charges ...