Toyota Motor Co. reported a 49 percent drop in fourth-quarter operating profit on Friday, missing analysts’ estimates, as U.S. tariffs and increased competition from Chinese automakers...
Bentley posted its first quarterly loss since 2020 after being hit by a combination of exposure to US tariffs, disruptions in the Middle East and a...
Porsche plans to intensify its cost-cutting program and is seeking far-reaching concessions from its workforce, local media reported. The German automaker has been hit hard by...
Hyundai Motor Group will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, the company said, after Seoul finalized a trade deal...
Porsche reported a loss of nearly 1 billion euros, marking its first financial downturn since going public in 2022. This loss was attributed to the company’s...
Toyota has dramatically revised its profit forecast downward, a move that stems directly from the impact of US import tariffs. The company’s financial outlook has been...
Porsche, the German luxury carmaker, experienced a decline in car sales during the first half of the year, particularly in China and its home market of...