PORSCHE has announced plans to axe thousands of jobs as it battles high costs and weak demand in China. The luxury carmaker will cut about 2,000 fixed-term contracts on top of the 1,900 already ...

Two other issues were exaggerated by buyer perception and were unfavored by Porsche fans: the water-cooled engine and “egg-shaped” headlights. The 964 was produced from 1989 until 1994 and ...

Worst 911 ever? Not even kind of. The crazy part was the 992-generation Porsche 911 was supposed to be a hybrid from the start. Back in 2018 when Porsche was figuring it all out, the powertrain ...

Tesla was the big loser as their average used vehicle price dropped to $31,733, which was a decline of $5,013 or 13.6%.

Discloses impairment on Volkswagen, Porsche AG stakes Loss after tax of around 20 bln eur for 2024 Full annual results scheduled for March 26 Porsche SE withdrew its outlook for after-tax profit ...

BERLIN (Reuters) - Porsche AG's shares fell 7% on Friday, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new ...