Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
That’s most evident in its neighbor to the east: the Czech Republic. Within the giant $348 billion Volkswagen group lies ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...
The Porsche Cayenne isn't known as one of the prettiest vehicles ever made, but it nearly got a whole lot worse early on in ...
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at ...
Porsche global vehicle deliveries in 2024, the luxury sports car brand under the German automaker Volkswagen Group, ...
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...
BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...
German car manufacturers' vehicle deliveries fell 28% in China and 3% globally to 310,718 in 2024, down from 320,221 in 2023 ...
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...