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As for whether these prices will ever come down again, “generally, they don’t. You don’t usually see price deflation once a ...
Volkswagen AG faces challenges from U.S. tariffs and China market decline. Click for my updated look at VWAGY and its ...
Details from an investor call reveal that Porsche hasn't given up on internal combustion for one of its key segments.
According to a recent Car and Driver report, Oliver Blume, CEO of Porsche, stated on an earnings call that there's a ...
Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...
Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...
Well, not quite. Like many carmakers in the throes of transitioning to EV, Porsche got spooked by the recent consumer shift back to combustion and hybrid-powered cars, so much so that CEO Oliver Blume ...
Since taking office in January, President Trump and the Republican Party have been hard at work tearing up environmental ...
Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on U.S. tariffs once Washington and the European Union strike a broad trade deal ...
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totalling roughly $1.4 billion.
Porsche CEO Oliver Blume will take over the role VW Group CEO from Dr. Herbert Diess on September 1, after the latter's ouster was announced last week. Blume has been with the VW Group since 1994 ...
The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...