After several quarters of disappointing sales, mounting tariffs, and shifting market conditions, Porsche has announced a ...

Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...

Porsche chief executive Oliver Blume is preparing the sports car manufacturer's employees for another round of tough ...

Porsche is reportedly set to intensify its cost-cutting efforts as the luxury car manufacturer faces headwinds from declining ...

Porsche AG warned its employees to brace for further cost reductions as the luxury-car maker seeks ways to offset declining ...

Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned ...

This is where you'll find the most important stories that are shaping the way Americans drive and get around. In this morning ...

Soaring costs, declining vehicle sales, and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs. The 56-year-old is struggling to contain growing problems that ...

The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...

Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived conflict of interest and mounting problems in China.

Volkswagen's Porsche business said its supervisory board has named Oliver Blume as its new chief executive, replacing Matthias Mueller, who has taken the helm at its parent company.