Global Market: European markets gain as investors assess impact of Iran sanctionsEuropean shares edged higher on Tuesday, as investors took some relief from the lack of immediate penalties following the latest US sanctio...
25 Aug, 2026, 02.12 PM IST
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
25 Aug, 2026, 01.19 PM IST
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
25 Aug, 2026, 11.18 AM IST
Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
18 Aug, 2026, 11.23 PM IST
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
11 Aug, 2026, 10.29 AM IST
Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
24 Jul, 2026, 12.00 PM IST
BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
14 Jul, 2026, 11.24 AM IST
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
09 Jul, 2026, 11.24 AM IST
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...
11 Apr, 2026, 08.08 AM IST
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.
03 Feb, 2026, 01.22 PM IST
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.
22 Dec, 2025, 06.02 PM IST
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...
11 Dec, 2025, 11.19 AM IST
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...
10 Oct, 2025, 03.12 PM IST
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...
08 Apr, 2025, 12.52 PM IST
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...
17 Feb, 2025, 10.38 AM IST
- 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 ...
29 Jan, 2010, 05.55 PM IST
- 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...
23 Apr, 2009, 02.03 PM IST