Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...
Investors would be wise to buckle up, because if a trade war does break out there will be losers and winners on both sides ...
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric ...
Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but ...
IG Metall union and works council have been leading VW workers up the garden path. The “Future Contract” secures nothing, ...
The VW brand Porsche wants to part company with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von ...
Soaring costs, declining vehicle sales, and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs. The 56-year-old is struggling to contain growing problems that ...
LAS VEGAS — Volkswagen Group CEO Oliver Blume is confident the group can achieve greater sales volume in the United States not only with two new brands — Scout Motors and Cupra — but also ...
Poor performance among European and American automakers is prompting executive-level changes. Porsche is among those looking ...
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