In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...

Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...

After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in ...

We are not happy to see him go," Porsche Group Works Council chairman Uwe Hück said in a statement. "But his successor, Oliver Blume, is no budding manager; rather he is in full bloom.

This is where you'll find the most important stories that are shaping the way Americans drive and get around. In this morning ...

Porsche has announced that the electric Cayenne will debut late in 2025. The carmaker is also considering adding a new gasoline / hybrid SUV to join the Cayenne and Macan ranges.

Volkswagen Group's part-time CEO Oliver Blume says it's up to Porsche's board of directors whether to replace him as chief exec. (Wang Zhao—AFP via Getty Images) ...

When Oliver Blume took charge of Volkswagen AG two years ago, the company veteran was seen as a peacemaker after the tumultuous tenure of his predecessor. Now, things have changed drastically. The ...