Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
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DPA International on MSNPorsche to cut 1,900 jobs at two German plants by 2029, company saysGerman 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 ...
Investors would be wise to buckle up, because if a trade war does break out there will be losers and winners on both sides ...
IG Metall union and works council have been leading VW workers up the garden path. The “Future Contract” secures nothing, ...
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV partnership. Volkswagen’s boss said the company could offer “great ...
Chief Executive Oliver Blume responded earlier on Tuesday to a question from Reuters on whether the CEO would consider entering into talks with potential Chinese investors for German factories. "When ...
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