Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...
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 ...
In short, VW’s deep pockets and bulk-buying muscle could help streamline production costs and supply chain headaches for ...
During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.
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 ...
Volkswagen AG, the German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally in 2024 ...
T he VW Group has put its immensely costly Dieselgate scandal behind it, but it's still facing an uphill battle to meet ...
The drop weighed on global sales, which were down 3per cent at 310,718 vehicles compared with 2023. This came despite growth ...