After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...

Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in ...

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

LUXURY car maker Porsche is feeling the squeeze – with their CEO warning staff of job cuts in the near future. The German ...

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.

Porsche AG warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset declining ...

Volkswagen reported a US$1.5-billion first-half hit from tariffs and cut its full-year sales and profit margin forecasts in ...