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While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...
The leather-wrapped interior of the 1998 RUF CTR 2 Sport set for Broad Arrow's Monterey Jet Center Auction ...
Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...
Despite all that, the company's CEO reportedly says it's time to change tactics.
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Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff dispute, according to a ...
Porsche is set to intensify its cost-cutting efforts as the manufacturer faces headwinds from declining sales in China and the US tariff impact.