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.

Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...

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 ...

In a report released today, Tim Rokossa from Deutsche Bank maintained a Buy rating on Volkswagen (0P6O – Research Report), with a price target ...

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...

Volkswagen sales dropped 2.3% in 2024 to just over nine million vehicles, with a 10% slump in China and a 2.2% decline in ...

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 ...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...

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 ...