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

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

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

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

Porsche AG (OTCPK:POAHY) (OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...

AN ICONIC supercar brand is reportedly bracing for more cost cutting after halting all sales of its electric motors in the UK ...

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

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

Porsche CEO Oliver Blume says 'very sporty' hybrid 911 finally coming. By Jonathon Ramsey. Jan 3, 2023 11:59 AM EST Start the Conversation . Featured Gallery. 2 / 0. 2 / 0 Zoom In . Launch Gallery.

Volkswagen Group's part-time CEO Oliver Blume says it's up to Porsche's board of directors whether to replace him as chief exec. (Wang Zhao—AFP via Getty Images) ...

Volkswagen Chief Executive Herbert Diess is planning to promote Porsche CEO Oliver Blume to take over as the head of the VW brand, according to a report from Auto Motor und Sport.Citing company ...

"Oliver Blume is a team player, who does not push himself into the limelight," a source close to Blume said. But if there is no consensus, he is not afraid to have the last word, the person said.