Porsche is a German sports car manufacturer and part of the broader Volkswagen Group since August 2012. Founded in 1931 by Ferdinand Porsche, the brand is most famous for ...

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

It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by ...

Volkswagen Group’s initial plan to phase out internal combustion engine models in Europe by 2033 is reportedly under review.

Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand ...

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...

There are multiple reasons Everrati is taking 964 generation Porsche 911 models and replacing the 3.6-liter flat-six engine ...

Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 ...

Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...

By Alimat Aliyeva German luxury car manufacturer Porsche has announced plans to cut 1,900 jobs by the end of the decade ...

Germanys auto industry is facing challenges with declining sales, high production costs, and trade tensions. The upcoming ...