In an investor call, Porsche CEO Oliver Blume revealed the carmaker has plans to re-enter the gas-powered compact SUV market ...

Porsche CEO Oliver Blume just confirmed his company will turn out a new gas-slash-hybrid SUV He said the sport-ute, a ...

EV demand has plateaued and not materialized to the level automakers expected. Unsurprisingly, Porsche, like its competitors, ...

Porsche plans to launch a new gas-engine SUV for 2028, essentially to replace the Macan, now discontinued due to European ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough cost-cutting measures. "The situation remains serious, and the industry is ...

The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...

Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...

Find all the auto news (car releases, auto shows, top lists, industry, prototypes, and green wheels articles) of the Auto123.com team on: Oliver Blume.

Oliver Blume, CEO of luxury car manufacturer Porsche AG, speaks at the Automobilwoche car summit in Ludwigsburg, Germany, on Nov. 10, 2021. ANDREAS GEBERT/Reuters ...

Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff dispute, according to a ...