The ‘comprehensive strategic realignment’ will see around 3,900 jobs cut by 2029. Citing the market’s resistance to electric ...

Porsche has delayed the launch of its all-electric versions of the 718 Boxster and Cayman for the second time over ...

VW Group CEO Oliver Blume outlined the automaker's strategy to cope with U.S. tariffs including its production possibilities ...

But the EV market has taken a turn. Three years ago, U.S. automakers couldn’t keep up with demand; now EV sales are beginning to sputter. Discounts are drying up, car buyers are seeking lower-priced ...

Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived ...

Volkswagen's shareholders renewed their criticism of the automaker's corporate governance on Friday, demanding greater board ...

VW's controlling families, the Porsches and Piechs, lack expertise and are to blame for the automaker's languishing share ...

Top investors in Germany's Volkswagen are demanding that chief executive Oliver Blume step down from his second position as ...

At Volkswagen’s recent virtual annual meeting, the façade of corporate unity began to crack, revealing a deeper rot beneath ...

Volkswagen Group CEO Oliver Blume has issued a frank warning to shareholders that the company must take urgent steps to become more cost-efficient and agile.

Blume expects 2025 will be another demanding year in China, with continued competitive pressure. However, the German auto group is continuing with its strategy of developing cars in China fully ...

It’s not just the electric Boxster and Cayman that are impacted by the battery chaos. Porsche has spent several years working ...