Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars after its EV models failed to gain traction. The ...
Porsche guided for 2025 sales to remain relatively unchanged on year at between 39 billion and 40 billion euros. Separately, holding company Porsche Automobil Holding said it expects to book sharply ...
Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 ...
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock ...
BERLIN (Reuters) - Porsche AG shares fell 7% in early Friday trade after the luxury carmaker forecast a preliminary profit margin of 10%-12% for 2025, far below expectations, as it struggles to boost ...
China's Xiaomi will explore ways to ramp up auto production capacity, CEO and founder Lei Jun said on his social media ...
The message from India’s Budget 2025 was subtle, yet clear: the middle-income class has to spend more to boost corporate ...
We recently published a list of Jim Cramer Discusses These 10 Stocks & President Trump’s Tariffs. In this article, we are ...
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Lohscheller took the top job during a tough time for Polestar. The brand, owned by China's Geely Holding Group, has endured ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...