Weak sales in China, slow EV demand and additional U.S. tariffs have all taken their toll on Porsche’s margin in the first ...

Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on ...

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 ...

Sales are down globally, and tariffs could hurt the brand's two most important models in America, a crucial market for the ...

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

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 ...

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 ...