In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...

The German automaker said it expects challenges due to political uncertainty, expanding trade restrictions and geopolitical ...

Volkswagen is hoping to negotiate a direct agreement with the US government once a deal has been reached with the EU over ...

Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.

Volkswagen AG’s Audi lowered its financial outlook for 2025 as President Donald Trump’s tariffs and the costs of ...

German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...

After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

The German auto group cut its financial forecasts and warned that the tariff “burden would increase to several billion.” ...

The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...

Volkswagen just confirmed what many in the industry suspected it’s been hit hard by the U.S. trade war. The company took a €1 ...