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 to Make Additional Investments in US, CFO Says in Davos
DAVOS, Switzerland (Reuters) -Volkswagen needs to increase investments in the U.S. to hit its market share targets, and cut ...
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 ...
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 ...
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The VW ID.7 exceeded the manufacturer’s claimed range by more than 200 km and traveled 941 km on a single charge – but there is a caveat
During a recent test at Porsche's facility in Nardo, Italy, the standard Volkswagen ID.7 Pro S electric sedan made history by ...
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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 ...
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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 ...
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Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
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 ...