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

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

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

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

Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's profitability and raising concerns about the future of the luxury EV market.

German luxury sports car manufacturer Porsche AG announced a significant 28 decline in 2024 sales in China with the company selling 56887 vehicles compared to 79283 in 2023

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

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

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.

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

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 ...