Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and ...
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's ...
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...
Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target ...
Slowing growth in EV demand, especially in the luxury sector, means Porsche will now continue to offer gas engines for longer ...
Rivian’s (RIVN) stock is trending on Friday after Volkswagen CEO Oliver Blume hinted at expanding upon their new EV ...
Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it ...
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...
Porsche Automobil Holding (0JHU – Research Report) received a Sell rating and a €35.00 price target from Goldman Sachs analyst George Galliers ...