Volkswagen AG faces challenges from U.S. tariffs and China market decline. Click for my updated look at VWAGY and its ...

Well, not quite. Like many carmakers in the throes of transitioning to EV, Porsche got spooked by the recent consumer shift ...

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 ...

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

Porsche CEO Oliver Blume warned the nearly 37,000-strong German workforce he will negotiate with its labor union in the coming months over further cost cuts. Already, it plans to eliminate more ...

In an investor call, Porsche CEO Oliver Blume revealed the carmaker has plans to re-enter the gas-powered compact SUV market with a new vehicle to sell alongside the Macan EV.

Germany’s economy faces deepening recession as the EU–US trade agreement, high energy costs, and rigid climate policies accelerate industrial decline.

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

As for whether these prices will ever come down again, “generally, they don’t. You don’t usually see price deflation once a ...

The movie about celebrity and fandom in the digital age hits theaters on Friday (Aug. 22). Check out an important scene from ...

Reuters FILE PHOTO: Oliver Blume, CEO of Volkswagen AG and Porsche AG, looks on during the annual Volkswagen Group press conference in Wolfsburg, Germany March 11, 2025. REUTERS/Liesa Johannssen ...