The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to ...

Porsche is set to undergo a major restructuring and product strategy overhaul in response to the slowdown in the global ...

The Scalable Systems Platform, or SSP for short, is to become the VW Group's electric modular system of the future and serve ...

The men were accused of conspiring to conceal excess diesel emissions from regulators, helping to provoke a costly scandal.

The two automakers announce significant job cuts as they navigate market challenges and restructure for future ...

Like many others, Porsche is revising its electrification strategy after slower-than-expected EV adoption and shifting market ...

PORSCHE has confirmed it will axe two of its most iconic sports cars—the petrol-powered 718 Boxster and 718 Cayman—by the end ...

CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.

Porsche faces sales drop in China, tariff issues in U.S. Investors demand swift action to address struggles FRANKFURT, May 21 (Reuters) - Investors called upon Porsche CEO Oliver Blume ...

Porsche revises its EV strategy, scaling back its 2030 goal of 80% electric sales and shifting focus to hybrids amid slower ...

Wolfgang Porsche, who leads the supervisory boards of both Porsche SE and sportscar maker Porsche AG, has previously ...

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.