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 ...

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

Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset ...

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

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

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

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.

Automaker and competitors pressing European trade negotiators to strike a deal to lower the 25% U.S. tariff they’ve faced ...

The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...