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

Volkswagen has no new EV launches planned for 2025. What gives? Plus, the Trump 47 era begins and the feds probe Ford's ...

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

German luxury sports car manufacturer Porsche AG announced a significant 28 decline in 2024 sales in China with the company ...

Porsche Automobil Holding (0JHU – Research Report) received a Sell rating and a €35.00 price target from Goldman Sachs analyst George Galliers ...

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at ...

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's ...

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...

Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...

These days there is precious little that Porsche and Volkswagen CEO Oliver Blume can smile about. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...

Porsche and BMW have become the latest European carmakers to report sliding sales in China. The two German automakers on Monday said their respective sales in the world's largest auto market fell ...