The company warned investments and costs of reshaping will hit earnings this year and expects markets to remain challenging.
Porsche will be cutting nearly 10% of its workforce, or the equivalent to around 4,000 jobs, as sales slump and U.S. tariffs ...
Porsche wanted to present the successor to the 718 Boxster and Cayman with electric drive at the end of this year, but there ...
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inews.co.uk on MSNHow Porsche became latest victim of slowing electric car demandLuxury car maker Porsche is to cut thousands of jobs as part of a plan to become more efficient as it issued a profit warning ...
Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial ...
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a ...
Porsche AG plans to unveil the electric version of its popular Cayenne luxury sport utility vehicle in the US at the end of ...
Much of the coverage coming from Porsche’s annual press conference in Stuttgart this week has been devoted to the launch of ...
Two of Europe’s leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they’re passed ...
Jerry Seinfeld set the autoverse ablaze this past fall when the comedian announced his decision to part ways with the ...
BERLIN (Reuters) - Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% ...
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