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.
Volkswagen is ok on chip supply for now, CEO tells Bild am SonntagVolkswagen Group has secured enough chips for now. CEO Oliver Blume highlights the fragile chip supply chain. A Chinese export ban on Nexpe...
Incoming Porsche CEO is on a road full of challengesPorsche 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 new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
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...
Porsche CEO Oliver Blume sees 'tough and long' road ahead in major product overhaulPorsche AG anticipates prolonged margin pressures due to a shift in its product strategy, prioritizing combustion engine models in response...
Volkswagen undecided on when to end CEO Oliver Blume dual roleVolkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...
Porsche replaces China boss amid sales slumpPorsche AG is replacing its China CEO, Michael Kirsch, with Alexander Pollich, effective September 1, 2024. Pollich, an experienced sales e...
Investors switch to Porsche AG shares from Volkswagen on debut dayA Swiss-based equity fund manager said some investors that bought Volkswagen and Porsche Holding to play a potential IPO boom might be unwi...
Forevermark's Stephen Lussier feels his kids are too big for the Porsche back seat!Lussier booked himself a Porsche 911 around four years ago, as a treat to himself and it arrived on his wife's birthday.
BlackBerry launches Porsche-designed smartphoneCanadian handset maker BlackBerry in association with Porsche Design today launched a new all-touch Porsche Design P'9982 luxury smartphone.
- Volkswagen board approves Porsche takeover: Firm
Volkswagen said on Friday its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche, as Europe's bigges...
- VW, Porsche meet, merger news eyed
Officials from German car companies Volkswagen AG and Porsche AG were meeting in Wolfsburg Thursday afternoon amid intense interest about t...
- Porsche CEO steps down, making way for VW merger
Porsche chief executive Wendelin Wiedeking is leaving the luxury sports car maker after 16 years at the helm, a move widely expected to cle...
- Porsche increases its stake in Volkswagen
Porsche said on Tuesday that it has again slightly increased its share in fellow German automaker Volkswagen AG, in which it plans to take ...
- Porsche seeks to allay Volkswagen's fears over likely takeover
Porsche AG's chief executive sought to allay fears about what his company's likely takeover of fellow German automaker Volkswagen would mea...
- 'Porsche not planning Volkswagen takeover'
Sportscar maker Porsche does not plan to make a full takeover bid for Volkswagen, in which it is already the biggest shareholder.