The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...

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

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

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, the brand that once thrived on profit margins as crisp as the handling of a 911 on a damp B-road, has delivered 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 ...

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

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

Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between running the luxury sports carmaker or its much larger parent, Volkswagen, amid a growing crisis at both carmakers.