Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal with U.S. President Donald Trump and reported a 400-million-euro ($462-million ...

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 its workforce by a tenth by 2029.

Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...

He said the dual role was causing discounts on Porsche's share price. Blume has in the past argued that his position was a recipe for success and would not last forever. "Give up a position on the ...

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.

Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new course for China, where it is struggling with poor demand and waning relevance.

The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...