CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with President Donald Trump. Speaking ...

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 ...

Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.

According to a recent Car and Driver report, Oliver Blume, CEO of Porsche, stated on an earnings call that there's a ...

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 ...

Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...

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.

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...

Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...

Porsche and Mercedes-Benz reported dramatic declines in profit Wednesday, hit by President Trump’s tariffs on one side of the ...

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.