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 ...

BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...

The German automaker said it expects challenges due to political uncertainty, expanding trade restrictions and geopolitical ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

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

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in ...

Porsche is reportedly set to intensify its cost-cutting efforts as the luxury car manufacturer faces headwinds from declining ...

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.

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

Volkswagen reported a US$1.5-billion first-half hit from tariffs and cut its full-year sales and profit margin forecasts in ...