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 ...

Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...

German automakers are losing ground in China's high-performance car market to Chinese rivals like Xiaomi, which offers ...

Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric ...

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

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

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

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

The Taycan is slower around a lap and runs out of steam after 180 mph.

(Reuters) -Porsche SE, the holding firm of Porsche AG, said on Thursday it expects impairments on its stake in the carmaker ...

The European auto industry faces a protracted period of damaging U.S. tariff negotiations as President Trump seeks an overall ...