Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board ...
The troubles at VW and Porsche have spelled bad news for the Porsche-Piech family, whose wealth is largely tied up in the two automotive companies. Porsche SE warned last year that it expected to ...
As announced, Porsche has now parted ways with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von Platen ...
Volkswagen is pumping $5.8bn into Rivian because it thinks the US carmaker’s e-hardware is “the most advanced” in the world ...
Volkswagen Group’s initial plan to phase out internal combustion engine models in Europe by 2033 is reportedly under review.
The closest the car world ever got to a flat-eight-powered model was a one-of-a-kind (well, two-of-a-kind) prototype built by ...
Porsche is a German sports car manufacturer and part of the broader Volkswagen Group since August 2012. Founded in 1931 by ...
While the early history of Porsche was dominated by cars with engines mounted either behind the rear axle or behind the ...
Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...
Volkswagen and Audi will likely extend combustion engine production in Europe. Porsche and Bentley will also adjust.
While the margin target has no specific deadline, it is part of a set of goals for 2025 to improve costs and performance, the ...
The carmaker aims to reduce positions by 15% at its main sites in Stuttgart-Zuffenhausen and Weissach in Germany.