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

During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S. The electric sedan, equipped with VW's 86-kilowatt-hour battery pack, drove ...

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

During a recent test at Porsche's facility in Nardo, Italy, the standard Volkswagen ID.7 Pro S electric sedan made history by ...

Porsche listed 12% of its equity independently, unbundling from Volkswagen in September 2022. Its goals for the listing included reaching a return on sales greater than 20% over the longer term ...

Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...

Volkswagen AG, the German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally in 2024 ...

These days there is precious little that Porsche and Volkswagen CEO Oliver Blume can smile about. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...

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 ...