CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with President Donald Trump. Speaking ...

Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.

According to a recent Car and Driver report, Oliver Blume, CEO of Porsche, stated on an earnings call that there's a ...

Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...

The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totalling roughly $1.4 billion.

Falling sales, shrinking profits and a smaller than expected EV market are forcing Porsche to put energy into new combustion ...

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...

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

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

During Porsche’s half-year earnings call, CEO Oliver Blume confirmed that a refreshed 911 Turbo with a hybrid powertrain is ...

The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...