Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.

Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...

BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...

The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...

Porsche global vehicle deliveries in 2024, the luxury sports car brand under the German automaker Volkswagen Group, ...

German car manufacturers' vehicle deliveries fell 28% in China and 3% globally to 310,718 in 2024, down from 320,221 in 2023 ...

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...