German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...

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 AG may halt its electric sports car plans. Development delays and rising expenses are key concerns.

The automotive year 2025 marked a boom for supercars and luxury vehicles, with brands like Ferrari, Bugatti and Lamborghini enjoying major ...

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, ...

Stock market indices -- Dow Jones, S&P 500, Nasdaq -- pulled back at the start of trading in New York on Monday after setting fresh records...

European carmakers are facing a stock market hit after former U.S. President Donald Trump proposed a 25% tariff on EU car imports. Shares o...

Any tariffs imposed by Donald Trump would primarily impact German carmakers, with the top three manufacturers accounting for 73% of the 820...

Chinese companies BYD, Nio, and others are competing against European luxury car brands like Mercedes and BMW. They are leveraging advanced...

The carmaker cut its full-year profit margin target twice during the third quarter, joining a growing number of European rivals blaming a w...

The investment is set to reinforce Rivian's dwindling cash reserves, push the startup nearer to profitability, and enhance its competitive ...

Porsche AG has reported its nine-month results in line with its annual forecast, but has warned that the luxury sector is being affected by...

World No. 2 carmaker Volkswagen warned on Tuesday that semiconductor shortages, supply bottlenecks, high commodity prices and the Russia-Uk...

The BMW result follows strong profits at competitor Mercedes-Benz, a division of Daimler, and at Volkswagen's premium Audi and Porsche divi...

German luxury sports car maker Porsche posted record annual results Friday on the back of its holding in Europe's biggest car maker Volkswa...

Signs multiplied on Tuesday that the financial crisis is biting in Europe's biggest economy with German firms having more difficulty gettin...