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

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

Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...

During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S.

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...

Electric vehicle (EV) investments are still driving headlines. The auto industry's next phase of growth is dependent upon bringing the price of EVs down to make them more affordable for ...

Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it ...

Volkswagen has told investors that its target of a 6% margin on the VW passenger car brand is now more realistic in the “medium term”, according to a note by Bernstein Research, after the German ...

Volkswagen AG, the German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally in 2024 ...

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

The drop weighed on global sales, which were down 3per cent at 310,718 vehicles compared with 2023. This came despite growth ...