Porsche specializes in desirable sports cars, but there is one groundbreaking model that never got the love it deserves.

Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...

Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...

German car manufacturers' vehicle deliveries fell 28% in China and 3% globally to 310,718 in 2024, down from 320,221 in 2023 ...

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...

Porsche, majority-owned by Volkswagen, sold 56,887 vehicles in 2024 in China, versus 79,283 in 2023. The drop weighed on global sales, which were down 3% at 310,718 vehicles compared with 2023.