Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...

Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to ...

Amidst dropping China sales, high German production costs, intense competition and a slower-than-expected shift to EVs, ...

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...

The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...

Porsche has warned that its profits will take a hit in 2025 as the company refocuses on combustion engines and plug-in hybrid ...

Weak sales of e-cars in particular are weighing on earnings and the share price, Porsche wants to develop new combustion ...

Chinese electric sedan lapped Shanghai in 2:09.94 and hit 201 mph on the back straight during its record-setting run ...

Youngster’s tearful grandmother apologises, blames herself in online video as vehicle owners count cost of explosion that ...

Porsche is cutting its workforce amid a "delayed ramp-up of electromobility." 1,900 German workers are affected. The layoffs ...

Porsche’s EV sales in China are contributing to the brand’s renewed ICE cars initiatives. Die-hard Porsche fans were divided by the news that Porsche was leaning into the elec ...