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PORSCHE SALES DECLINE
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...
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...
Million-dollar restomod cars on the rise as new upscale breedRestomods, restored and modified classic cars with modern enhancements, have become a prominent and upscale segment at events like Monterey...
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...
China's Huawei says it earned patent revenues of $560 million last yearHuawei earned more than it paid out in royalties over the last two years as the decline in handset sales meant it needed to pay less to oth...
The ride ends here: BMW discontinues Netflix-for-cars servicePorsche, on the other hand, says its own subscriptions are soaring.
- Race-track rivalry moves to boardroom as VW brands battle for electric car jobs
VOLKSWAGEN-POWERSTRUGGLE:Race-track rivalry moves to boardroom as VW brands battle for electric car jobs
- Porsche says first-half sales down but forecast upbeat
German luxury sports car maker Porsche, which is being folded into the Volkswagen group, said on Friday its 2009/2010 first half sales had ...
- VW mulling Porsche counter bid: Reports
Volkswagen is mulling a takeover of the automotive business of luxury sports car maker Porsche, which would add a new twist in the German i...