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Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...
The Volkswagen Group on Friday reported a drop in second quarter net profit, weighed down by weak performance at its premium ...
Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...
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 ...
Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...
Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.
Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned ...
Volkswagen just confirmed what many in the industry suspected it’s been hit hard by the U.S. trade war. The company took a €1 ...
Porsche AG warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset declining ...
Porsche, the brand that once thrived on profit margins as crisp as the handling of a 911 on a damp B-road, has delivered a ...