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BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...
Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...
The German automaker said it expects challenges due to political uncertainty, expanding trade restrictions and geopolitical ...
Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...
Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.
BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.
Volkswagen AG’s Audi lowered its financial outlook for 2025 as President Donald Trump’s tariffs and the costs of ...
The German auto group cut its financial forecasts and warned that the tariff “burden would increase to several billion.” ...
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AutoGuide on MSNWhy Porsche Thinks Its Business Model Isn't Working AnymoreAfter several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...
BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further ...
Six months after Donald Trump introduced the first US tariffs, companies have started to feel the effects of a shock whose ...
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