News

Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...
The diplomatic efforts show months of trade talks are far from over despite agreements trumpeted by the White House.
According to a recent Car and Driver report, Oliver Blume, CEO of Porsche, stated on an earnings call that there's a ...
Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totalling roughly $1.4 billion.
Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...
The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...
The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...
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.