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 ...
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The Volkswagen ID.7 EV Will Do 585 Miles On A Charge, But Only At Rush Hour Speeds
During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.
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 ...
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 keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Porsche's 2024 China Sales Fall by 28%
BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...
New Gas-Powered Macan Back On The Table As Porsche Rethinks EVs
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...
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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 ...