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The carmaker has been reckoning with Trump’s 25% tariffs on finished foreign-made cars for much of the second quarter.
European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which ...
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...
Last quarter, tariffs cost the auto industry billions of dollars. So far, that's come out of profits instead of being passed ...
BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
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 ...
CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the ...
Porsche CEO Oliver Blume has said he doesn’t consider Xiaomi to be a competitor and claims to be “very relaxed” about its achievements on the racetrack.
The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...
Former Bengals and Steelers defensive lineman Oliver Gibson died at the age of 53. Getty Images He played five seasons in Cincinnati before retiring from the league after the 2003 season.