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

Despite achieving record sales in the U.S. earlier this year, Porsche is struggling in certain respects. Sales in China are falling as far cheaper locally produced luxury EVs with more power continue ...

Porsche is well known for being one of the most profitable carmakers in the world, but even it can’t shake off global trade ...

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

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

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 ...

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

Share of Adidas, the sporting goods company, tumbled even though it maintained its sales guidance. The maker of Samba soccer ...

Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...

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

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

German luxury sports carmaker Porsche said on Tuesday its sales fell in the first half of the year, blaming challenging market conditions and intense competition for a 28% slump in the Chinese market.