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 ...

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 ...

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

Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market pressure.

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

The BYD U8 SUV in display in China. John Keeble/Getty Images That has put foreign manufacturers like Porsche and BMW, each of which counted China as its second-largest market in 2023, in a bind.

Despite achieving record sales in the U.S. earlier this year, Porsche is struggling in certain respects. Sales in China are falling as far cheaper locally produced luxury EVs with more power continue ...

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

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

Porsche Sales Decline: Porsche AG warns of a tough sales environment in 2023 after a 6% decline in global deliveries, struggling particularly in the US and China due to local competition and ...

The Porsche 911 is an iconic sports car, but part of that legacy is due to the fact that, in 2025, it still looks strikingly ...