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

Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...

(Reuters) -German luxury sports carmaker Porsche said on Tuesday its sales fell in the first half of the year, blaming challenging market conditions and intense competition for a 28% slump in the ...

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

Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.

Porsche is especially exposed to U.S. tariffs, because all of its vehicles are produced in Europe and shipped from there. The company is also under pressure from rivals in China, where demand for its ...

Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, ...

Mercedes-Benz Group AG and Porsche AG scaled back their profit expectations for the year, underscoring the toll President ...

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

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, and Honda ...

A Porsche dealership in their city listed a Panamera sedan, which starts at $92,000 in the US, for a mere 124,000 yuan, or $18,000, on their website, according to Bloomberg News. That's roughly ...

It seems Porsche is annoyed that its six-figure EV has been beaten on the Nürburgring by a $75k sedan from China.