Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
German luxury carmaker Porsche is planning to cut some 1,900 jobs at two plants in the Stuttgart region by 2029, the company ...
Weak sales of e-cars in particular are weighing on earnings and the share price, Porsche wants to develop new combustion ...
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 ...
The VW brand Porsche wants to part company with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von ...
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric ...
Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.
These days there is precious little that Porsche and Volkswagen CEO Oliver Blume can smile about. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...