Well, not quite. Like many carmakers in the throes of transitioning to EV, Porsche got spooked by the recent consumer shift back to combustion and hybrid-powered cars, so much so that CEO Oliver Blume ...

Since April, a sharp hike in U.S. tariffs on EU-made vehicles has dealt a heavy blow to Europe's auto industry, causing steep ...

BERLIN, Aug. 10 (Xinhua) -- Since April, a sharp hike in U.S. tariffs on EU-made vehicles has dealt a heavy blow to Europe's auto industry, causing steep declines in the profits of Germany's biggest ...