Searched for
PORSCHE DECLINE IN CHINA
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.
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.
From Tesla to Porsche: The winners and losers of 2025 in carsThe automotive year 2025 marked a boom for supercars and luxury vehicles, with brands like Ferrari, Bugatti and Lamborghini enjoying major ...
High-end car sales sink in China as its economy slows, taking a toll on European automakersChinese buyers are shifting from expensive foreign cars to cheaper domestic brands. Economic slowdown and government subsidies for electric...
Billionaire Porsche clan’s thirst for cash collides with Volkswagen’s woesEurope's most powerful automotive dynasty faces mounting financial strains as Volkswagen's performance deteriorates. Hans Michel Piëch, who...
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...
Volkswagen's third-quarter sales lifted by Europe and EVsVolkswagen Group saw a slight rise in global car sales for the third quarter. New models boosted performance in Western Europe. However, sa...
'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 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...
European shares drop as Trump's fresh tariffs take effectEuropean shares joined a global market selloff on Tuesday after U.S. tariffs on Canada, Mexico and China took effect, raising concerns that...
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...
Donald Trump’s tariffs target European carmakers amid intensifying US-EU trade warAny tariffs imposed by Donald Trump would primarily impact German carmakers, with the top three manufacturers accounting for 73% of the 820...
European shares drop as Trump's tariffs rattle marketsEuropean shares retreated on Monday, joining a global selloff amid fears that U.S. President Donald Trump's latest tariffs could escalate i...
Renault reveals Alpine electric A290, sets sights on sporty EVs for profit boostRenault presented the first electric sports car under its Alpine sports brand to compete with Chinese rivals and capture a share in the gro...
Chinese EVs to be hit with multi-billion-euro tariffs at European Union toll gatesThe European Union plans to increase tariffs on Chinese electric vehicles to 25%, despite German warnings of a trade war. France and Spain ...
Volkswagen's efforts to boost valuation stifled by lack of succession planThe market needs to know who will take over when the octogenerian heads of its controlling shareholder - the Porsche-Piech family clan - re...
Porsche buys Kuka machine tool unit to enhance productionPorsche has bought the machine tool unit of industrial robot maker Kuka to enhance production of sports cars amid a growing use of lightwei...