Porsche SE has €2 billion ($2.16 billion) in liquidity and doesn’t intend to take on additional debt for another investment, it said Wednesday. Lutz Meschke, who until recently served as CFO for the ...

Porsche SE has €2 billion ($2.16 billion) in liquidity and doesn’t intend to take on additional debt for another investment, it said Wednesday. Lutz Meschke, who until recently served as CFO for the ...

Recently, there have been increasing reports that various German industrial companies want to start producing military goods.

VW has announced plans to reduce its German workforce by 35,000 over five years, to cull 1,900 positions at Porsche and 7,500 ...

Discover how Europe's €800B ReArm initiative creates opportunities for automakers like Volkswagen & Stellantis. Click here to ...

Volkswagen Group has divested a 2.2% stake in its truck unit Traton Group for €360m. The sale effectively reduces ...

Geopolitics could derail Volkswagen Group plans to bring these sporty Cupras to North America. In the meantime, we drive ...

Despite poor EV sales, editor-at-large Phil McNamara thinks electric cars are only going to become more important ...

Google has agreed to buy Wiz, a fast-growing cybersecurity startup, for $32 billion in the company’s biggest push to ...

German OEM Volkswagen remains committed to selling down ownership in its Powerco EV battery subsidiary. But negative net cash ...

Volkswagen CEO Oliver Blume is slashing spending across the group to become more competitive. The latest move brings the total number of potential job reductions at Europe’s biggest automaker to more ...

As Donald Trump embarks on a trade war that’s roiled the global auto industry, German carmaker Volkswagen AG's calculus has ...