Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's ...

Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...

Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer ...

Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...

The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...

Of the three grades of Touareg, the UK launch range naturally concentrates on the range-topping R-Line Tech. That’s because ...

Porsche, the sports car brand of the German automotive manufacturer Volkswagen Group, saw a 3 percent decrease in global ...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...