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A Xi-Trump summit deal can throw US carmakers under the China busUS automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of Pr...- Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
- 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...
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- 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....
- Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
- Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
- KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...
- Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
- 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...
- Volkswagen goes head-to-head with workforce over proposed company cutsVolkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...
- Volkswagen sets 5-7% revenue growth target, preaches cost disciplineThe German carmaker has set "performance programmes" for each brand, allocating them capital and setting a specific return on sales target,...
- Volkswagen brand will be electric-only carmaker in Europe from 2033 - brand chiefThe carmaker is targeting an entry-level electric vehicle for 25,000 euros or less. Schaefer said improving and standardising battery chemi...
- Volkswagen brand will be electric-only carmaker in Europe from 2033: Brand chiefThomas Schaefer said in the coming decade the VW brand would narrow down the number of models on offer to focus on core models, with the ai...
- Investors mixed as Porsche seeks price tag of up to $75 billionVolkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70-75 billion) for Porsche AG, slightly below some...
- Renault raises targets for share of electric vehiclesUnveiling a new plan for electric vehicles (EVs), Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025 a...
- Volkswagen looks to electric vehicles, cost cuts for profit recoveryVolkswagen aims to more than double deliveries of electric vehicles to 1 million this year, it said, adding it would also apply a standardi...
- Volkswagen targets profit recovery as speeds transformationThe comments come a day after Volkswagen unveiled plans to build half a dozen battery cell plants in Europe and expand infrastructure for c...
- Volkswagen seals Porsche deal for $4.7 bnVolkswagen, Europe’s largest carmaker, will pay about e3.3 billion ($4.7 billion) for a 42% stake in Porsche’s automotive unit as it execut...
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