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

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

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 is preparing cost-cutting talks after warning employees its decades-old business model is no longer viable due to EV ...

Despite all that, the company's CEO reportedly says it's time to change tactics.

In the first half (H1) of 2025, Porsche's operating profit plummeted by 67% to €1.01bn ($1.16bn), compared to €3.06bn in the same period last year. Sales revenue also saw a decline of 6.7% to €18.16bn ...

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

Porsche AG warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset declining sales in China and the escalating cost of US tariffs.

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

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 ...

As negotiations between China the U.S. ended Tuesday. Treasury Secretary Scott Bessent said that “nothing is agreed until we speak with President Trump.” Trump and Chinese leader Xi Jinping may meet ...

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