The electric revolution fizzled and many automakers have now abandoned or delayed plans to go electric-only. This has left a ...
Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The ...
Porsche is veering off the route set in its 2022 initial public offering. The sportscar maker’s stock fell roughly 5% Friday ...
Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock ...
As a result, Porsche says it's taking "extensive measures" to improve profitability, including adding more internal ...
The sports-car maker warned that profits will be hurt this year as it spends more on expanding its line-up of new cars.
Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also ...
Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...
Porsche AG will take an €800 million ($831 million) hit linked to revamping its lineup this year, further pinching the sports ...
Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs mounting from executives having misjudged how eager sports-car buyers were to ...
A Porsche Cayenne Coupe EV prototype was spotted testing in Germany with minimal camouflage, hinting at an early launch ...
Porsche faces a challenging financial year with an €800 million loss due to underperforming EVs and high costs in ...