Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
TopSpeed on MSN3d
The Volkswagen ID.7 EV Will Do 585 Miles On A Charge, But Only At Rush Hour Speeds
During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.
Volkswagen says 6% margin target for brand realistic in medium term, analyst says
Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...
Porsche confirms 2024 earnings outlook in investor call, analyst's note says
Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...
BMW and Porsche have a China problem. They're not the only ones.
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Bentley’s First EV Caught Hiding Under Porsche Cayenne Disguise
Just as the Bentayga shares its platform with the Porsche Cayenne, the automaker’s first EV uses the same architecture as the ...
Porsche's 2024 China Sales Fall by 28%
BERLIN (Reuters) - German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent ...
Anadolu Ajansi10d
Porsche sells less cars in 2024 due to weak demand in China
German car manufacturers' vehicle deliveries fell 28% in China and 3% globally to 310,718 in 2024, down from 320,221 in 2023 ...
Yahoo Finance9d
Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen
The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...