Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
Volkswagen says 6% margin target for brand realistic in medium term, analyst says
Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...
Volkswagen to make additional investments in US, CFO says in Davos
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...
BMW and Porsche have a China problem. They're not the only ones.
Bad news for foreign automakers in the world's biggest car market keeps coming as two German marques reported big declines in ...
VW Boss Wants To Deepen Ties With Rivian
In short, VW’s deep pockets and bulk-buying muscle could help streamline production costs and supply chain headaches for ...
Morningstar7d
Porsche Pivoting to a Value Strategy to Recover Its Narrow-Moat Margins
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 ...
Yahoo Finance9d
Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
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 ...