Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...

Tom Narayan, analyst at RBC Capital Markets, wrote in a note to clients that Porsche's new guidance is in line with consensus. Porsche AG shares in Germany closed 1.7% higher on Wednesday. However, ...

The carmaker has been reckoning with Trump’s 25% tariffs on finished foreign-made cars for much of the second quarter.

By Rachel More, Alessandro Parodi and Shashwat Awasthi BERLIN (Reuters) -European luxury carmakers including Porsche and ...

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

BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further ...

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

BERLIN/FRANKFURT (Reuters) -Volkswagen wants to make more big investments in the United States, CEO Oliver Blume said in an interview with a German newspaper on Friday, adding that tariff talks ...

Speaking at the company’s annual shareholder meeting, CEO Oliver Blume said the original target of having more than 80 percent of Porsche’s sales be battery-electric by 2030 is no longer ...

CEO Oliver Blume said, "We are resolutely investing in the future. In challenging times we are continuing to develop Porsche with a precise focus.

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

Big kahuna Oliver Blume said that Cayenne Electric will debut by the end of 2025, presumably for model year 2026, but we don't know if the newcomer will be joined by the sportier derivative.