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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 ...
European luxury carmakers including Porsche and Aston Martin have surged ahead with U.S. price hikes, which could point the ...
Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
BERLIN (Reuters) -Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the ...
Porsche confirms the legendary 911 Turbo S will get hybrid power, pushing it beyond 700 horsepower. This marks the biggest ...
Porsche and Mercedes-Benz reported dramatic declines in profit Wednesday, hit by President Trump’s tariffs on one side of the ...
Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totalling roughly $1.4 billion.
Porsche says President Donald Trump’s tariffs will hit its financials by $462 million this year. Sweeping 2.3 percent and 3.6 ...
Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...
Volkswagen AG cut its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings at the Audi and Porsche brands.
BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on U.S. tariffs once Washington and the European Union strike ...