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

CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.

A German court has sentenced two former Volkswagen executives to prison and handed suspended sentences to two others for ...

Porsche Financial Services, Inc. Issues First Prime Auto Lease ABS Transaction of 2025 Porsche Financial Services, Inc. is an ...

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 ...

The two automakers announce significant job cuts as they navigate market challenges and restructure for future ...

The company was once saved by diversifying its lineup, but that also brought risks. It was also forced to go electric, making ...

Porsche, which at its stock market debut in 2022 had a higher valuation than Volkswagen (VOWG.DE), opens new tab, has fallen out of favour and its shares have dropped about 45%. Investors urged ...

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.

VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.