Porsche reported a net loss of 2.8 billion euros in the first nine months of this year, in line with expectations. In contrast, the company reported...
Audi is investing $4 billion in a new 4,500-acre Georgia production facility, aiming for 200,000 annual vehicles and 4,500 jobs. Supported by state incentives for infrastructure...
Audi is developing a new compact electric sports car based on Porsche’s platform as a successor to the Audi TT. With the arrival of the Nuvolari,...
Porsche and Audi are discussing producing the next-generation A8 at the Leipzig plant, potentially securing the sedan’s future despite no final agreement. Porsche has confirmed that...
Porsche CEO Michael Leiters is pivoting to a balanced powertrain strategy, continuing internal combustion engine development alongside electric vehicles to meet diverse consumer demand and ensure...
XPeng expects total transaction revenues of more than $149 million based on emissions credit agreements with Porsche and several other international automakers, covering the EU, UK,...
Volkswagen Group is initiating a massive global recall of millions of vehicles across its brands due to a faulty steering system bolt. The German carmaker is...
Mercedes-Benz may close German plants due to declining competitiveness, mirroring similar struggles at Volkswagen and highlighting broader challenges in Germany’s manufacturing sector. The German automaker has...
The Volkswagen Group has issued a profit warning, projecting a maximum profit margin of just 1 percent for 2026—a substantial decrease from its previous guidance of...
The all-electric Audi A4 e-tron was supposed to be the brand’s answer to the Tesla Model 3 and the new BMW i3. However, according to leaked...
Audi Sport is now looking for a way to give the five-cylinder a new opportunity. The main problem is finances. Adapting the engine to Euro 7...
Porsche needs to become smaller, more efficient, and more profitable. At the same time, the brand cannot do without the economies of scale of the Volkswagen...
During a conference where Volkswagen Group’s financial results for the first half of the year were announced, CEO Oliver Blume called on the European Union to...
Porsche is ending production of the first-generation Macan this month. Launched in 2014, the “sports car among SUVs” is being retired globally after being previously phased...
Toyota (including Lexus) has successfully retained its position as the global sales leader for the sixth consecutive year, recording over 10.5 million vehicle sales in 2025....
German auto giant Volkswagen Group is on track to cut 50,000 jobs by 2030, Chief Executive Officer Oliver Blume said at the company’s annual meeting on...
Porsche SE recorded a loss of 923 million euros in the first quarter, primarily due to the write-off of the value of its stake in the...
The Volkswagen Group is in a difficult situation, just like all conventional automakers. The German powerhouse is being forced to sell more EVs in order to...
Last July, the Volkswagen Group announced that it would delay the launch of the Cupra in the United States. It was due to arrive there by...
The largest South Korean vehicle manufacturer, the Hyundai Group, managed to overtake the struggling Volkswagen in terms of profit in 2025 for the first time in...
BMW said today that its operating profit fell 11.5 percent last year to around 10.2 billion euros, while net profit fell 3 percent to around 7.5...
“In 2025, we kept our company firmly on course despite strong headwinds.” If that’s the biggest achievement, then we know it: the Volkswagen Group incurred significant...
The two brands are planning a large-scale recall, with approximately 4 million vehicles affected at Hyundai and around 3.1 million at Kia. All were produced over...
Porsche discontinued the petrol Macan in most European countries last year due to its failure to meet new cybersecurity requirements set by the General Security Regulation...
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...
Volkswagen Group said it slightly increased sales in the first nine months of this year, as challenging conditions in China and the US outweighed higher shipments...
Global sales of Porsche, the luxury car brand of Germany’s Volkswagen Group, fell six percent in the first nine months of the year as demand from...
Bentley is preparing petrol successors to the Bentayga, Continental GT and Flying Spur models, which is contrary to their earlier plans for purely electric novelties. As...
Audi has abandoned its plan to switch entirely to electric vehicles by 2032. CEO Gernot Dolner noted that the company will continue selling combustion engine vehicles...
The Volkswagen Group has implemented AWS cloud technology in 13 production facilities within its Volkswagen, Audi and Volkswagen Commercial Vehicles brands, achieving significant savings and increasing...