Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...

By Divya Chowdhury and Victoria Waldersee DAVOS, Switzerland (Reuters) -Volkswagen will need to make additional investments ...

Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in ...

In a report released yesterday, Romain Gourvil from Berenberg Bank downgraded Porsche Automobil Holding (0JHU – Research Report) to a Hold, ...

Bad news for foreign automakers in the world's biggest car market keeps coming as two German marques reported big declines in ...

Volkswagen has told investors that its target of a 6% margin on the VW passenger car brand is now more realistic in the “medium term”, according to a note by Bernstein Research, after the German ...

German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's ...

Porsche listed 12% of its equity independently, unbundling from Volkswagen in September 2022. Its goals for the listing included reaching a return on sales greater than 20% over the longer term ...

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...

Bernstein analyst Stephen Reitman maintained a Hold rating on Volkswagen (0P6O – Research Report) today and set a price target of €102.00. The ...

The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...

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 ...