Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
One of the strangest-looking Porsche models of the 1980s was one of the fastest models, even by today's standards.
Porsche is a German sports car manufacturer and part of the broader Volkswagen Group since August 2012. Founded in 1931 by Ferdinand Porsche, the brand is most famous for ...
It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by ...
Volkswagen Group’s initial plan to phase out internal combustion engine models in Europe by 2033 is reportedly under review.
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...
Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand ...
The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...
Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 ...
Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...
The current share price, while notably below its 52-week peak of €128.60, shows substantial recovery from its annual low of €78.86, suggesting renewed investor confidence in the automotive giant's ...