Shareholders of Volkswagen have loudly expressed their dissatisfaction with the way the German car giant is being managed, Reuters reports. They want more independence from the...
The Volkswagen Group recorded a significant drop in net profit in the first quarter of this year. The drop is as much as 40.6 percent, which...
The Xiaomi SU7 Ultra, a high-performance electric sedan produced by the Chinese tech giant, is now delivering the power it was originally designed to have after...
Porsche sales in China fell 28 percent in 2024 to 79,283 cars. The first quarter of this year was even worse, with demand falling 42 percent...
Volkswagen could move some of its Audi production to the United States due to high tariffs imposed by the US administration. Volkswagen CEO Oliver Blume told...
Porsche executives told analysts and investors that they had sent additional stock to the United States to beat tariffs and keep prices constant for orders placed...
Rimac Group, a Croatian sports car manufacturer, is interested in buying the stake held by Germany’s Porsche AG in their joint venture Bugatti Rimac, according to...
The Volkswagen-owned company announced that German sports car manufacturer Porsche aims to achieve better results in 2025 after a loss of one billion euros the previous...
Toyota has announced prices for the GR Supra A90 Final Edition in certain European countries, and now it’s clear that all boundaries have been pushed, making...
Porsche SE, Volkswagen’s (VW) majority shareholder, said on Sunday that it has no plans to sell its VW shares. In response to a question, a Porsche...
Porsche is refining its electric plans, meaning the Cayenne and Panamera will still offer combustion engines for a long time. Last summer, it became clear that...
Several automakers, including Volvo, Bentley, Ford, and Lamborghini, are revising their electrification strategies and launch schedules due to slowing growth. Lamborghini has already hinted that it...
Production of the Audi R8 ended last year. Instead of a fully electric supercar, the upcoming model is expected to be a plug-in hybrid based on...
Xiaomi is already making waves as a car manufacturer in its home country of China, and the intention is that people far beyond will soon be...
Ford has registered the name ‘Mach 4’ in the United States, likely for a four-door Ford Mustang. Yes, it seems that this model is on the...
In November of last year, Bentley officially announced an all-electric SUV model (“the world’s first luxury urban SUV”), and in the meantime, information about its possible...
German media reports that Audi and Volkswagen are decisively postponing their electrification plans as the transition to electric vehicles is progressing too slowly. Consequently, both brands...
Germany’s Porsche has joined others in the struggling auto industry in plans to lay off workers. On Thursday, the brand unveiled plans to cut around 1,900...
Porsche intends to maintain its dividend at last year’s level, despite increased costs related to enhancing profitability. The German automaker announced that pending final approval from...
Porsche says that a manual transmission is an important part of the brand’s vehicles, especially at a time when automatic transmissions dominate the market. Andreas Preuninger,...
US President Donald Trump previously stated that he might impose extra tariffs on imported cars, prompting Porsche and Audi to consider production within the United States....
Volkswagen is looking to strengthen its partnership with American electric vehicle manufacturer Rivian just months after the two companies announced plans to jointly develop a new...
Porsche confirmed its 2024 earnings forecast of a 14-15% profit margin in a call with investors and said it expected 2025 to remain challenging, according to...
Porsche could reverse its decision to make the second-generation Macan SUV exclusively electric. This is amid one of the most difficult periods in the brand’s history....
German car brands Audi, BMW, and Mercedes-Benz saw their sales decline last year due to weak demand, particularly from China. They have lost popularity as consumers...
Mercedes-Benz is experiencing difficulties in China. The launch of the all-electric CLA sedan, tailored for the Chinese market, has been postponed from April to August due...
For decades, they felt secure, but now anxiety grips Porsche workers as job loss fears permeate the company. Porsche is encountering serious difficulties, putting up to...
Porsche, which currently owns a 45 percent stake in Bugatti Rimac, is contemplating a majority takeover for increased control, according to the German financial portal Manager....
Porsche aims for 80% of its sales to stem from electric vehicles by 2030, yet it reportedly struggles to electrify its product lineup. As a result,...
The ridiculously powerful Chevrolet Corvette ZR1 was introduced back in July as the top model of the Corvette lineup. No mention was made of acceleration times...