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BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...
The Volkswagen Group on Friday reported a drop in second quarter net profit, weighed down by weak performance at its premium ...
Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...
Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...
Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.
Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned ...
Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...
Automaker and competitors pressing European trade negotiators to strike a deal to lower the 25% U.S. tariff they’ve faced ...