Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...

The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...

Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target ...

Porsche took a gamble when it made its most popular model an electric vehicle, but slow demand has reportedly led to a ...

BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...

Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...

Porsche Automobil Holding (0JHU – Research Report) received a Sell rating and a €35.00 price target from Goldman Sachs analyst George Galliers ...

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 ...

Porsche, majority-owned by Volkswagen (VOWG_p.DE), opens new tab, sold 56,887 vehicles in 2024 in China, versus 79,283 in 2023. The drop weighed on global sales, which were down 3% at 310,718 ...

Sales data from Germany's top-end carmakers, including Mercedes-Benz, BMW and Porsche, showed they took a battering at home ...