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

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 585 miles on a single charge,

In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold,

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

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's profitability and raising concerns about the future of the luxury EV market.

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

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

In a report released yesterday, Romain Gourvil from Berenberg Bank maintained a Buy rating on Volkswagen (0P6O – Research Report), with a price

Porsche is uniquely positioned as a luxury car company with scale benefits, selling more than 10 times the volume of most luxury car brands per year with about 65% of its volume being sold at a ...

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.

Soaring costs, declining vehicle sales, and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs. The 56-year-old is struggling to contain growing problems that ...

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