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 ...
In short, VW’s deep pockets and bulk-buying muscle could help streamline production costs and supply chain headaches for ...
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 ...
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at ...
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...
The German sports-car maker said on Monday it had delivered 56,887 vehicles to China last year, down 28 per cent on 2023 and offsetting growth in all other regions, pushing Porsche ’s total deliveries ...
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 ...