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CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.
Weak sales in China, slow EV demand and additional U.S. tariffs have all taken their toll on Porsche’s margin in the first ...
Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on ...
The company was once saved by diversifying its lineup, but that also brought risks. It was also forced to go electric, making ...
Volkswagen faces headwinds from U.S. tariffs, China market pressure, and lower margins on electric vehicles. Read how all this could impact the earnings outlook for VWAGY.
Porsche has delayed the launch of its all-electric versions of the 718 Boxster and Cayman for the second time over ...
Volkswagen Group UK is bringing models from Audi, Cupra, Skoda, Volkswagen Passenger Cars and Volkswagen Commercial Vehicles ...
A South African shop with deep Volkswagen experience has built what might be the ultimate MK7 Golf showcar, in barely three ...
Motointegrator and DataPulse Research present a data-driven study that explores how Elon Musk’s political profile may be ...
VW CEO Thomas Schäfer told Autocar that the carmaker is preparing “a whole group of GTI” models that will be “mind-blowing.” He has already driven a prototype GTI EV, which he called “a monster car,” ...
In an interview, VW Group CEO Oliver Blume outlined the automaker's strategy to cope with U.S. tariffs including production ...
Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived ...
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