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CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the ...
Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
Porsche says President Donald Trump’s tariffs will hit its financials by $462 million this year. Sweeping 2.3 percent and 3.6 ...
European luxury carmakers including Porsche and Aston Martin have surged ahead with U.S. price hikes, which could point the ...
Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...
German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...
Some luxury firms may have a little more power than others. Birkin bag maker Hermes raised prices by 7 percent globally, with ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new course for China, where it is struggling with poor demand and waning relevance.
After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...