Porsche already began the process of initiating job cuts last year. A company spokesperson told Reuters that the contracts of ...

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

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

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

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

Xiaomi has just shown off the performance of its SU7 Ultra. The new electric vehicle had the chance to spread its wings at the Shanghai International Circuit (SIC) and taking the crown of the fastest ...

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

Germany’s dominance in China’s high-performance car market is waning as Chinese automakers introduce electric, smart, and ...

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

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

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

Volkswagen's top shareholder, Porsche SE, now expects its write down to tend towards the lower end of the range of 20 billion ...