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 ...
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 ...
Electrek3d
Rivian (RIVN) stock rises as Volkswagen plans to expand $5.8 billion EV partnership
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...
New Gas-Powered Macan Back On The Table As Porsche Rethinks EVs
The company is considering adding combustion engines to future model lines that were originally envisioned as EV-only ...
itc.ua3d
The VW ID.7 exceeded the manufacturer’s claimed range by more than 200 km and traveled 941 km on a single charge – but there is a caveat
During a recent test at Porsche's facility in Nardo, Italy, the standard Volkswagen ID.7 Pro S electric sedan made history by ...
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 Ajansi7d
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 Finance6d
BMW and Porsche have a China problem. They're not the only ones.
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 ...