Volkswagen's truck unit Traton reported on Wednesday a 39% drop in adjusted operating profit for the first nine-months of 2025, citing lower sales revenue, negative currency effects and the impact fro
Atlanta, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS), headquartered in Atlanta, Georgia has issued an auto Asset Backed Securities (ABS) offering in the USA with a princip
The trade dispute between China and the Netherlands over Dutch chipmaker Nexperia that is threatening to disrupt production in the automotive sector needs a quick diplomatic solution as industry alone
Analysts say earnings and sentiment could now be at a trough, after the company late last week backed full-year guidance and reported earnings consistent with last month's profit warning.
Volkswagen Group , which owns Audi and Porsche, has secured a sufficient supply of chips for now, its CEO told a German weekly, as a Chinese export ban on finished products by semiconductor maker Nexp
Slow electric-vehicle rollout, weak demand for German premium cars in China and U.S. President Trump's tariffs have taken a toll on the sport-car maker.
Porsche swung to a wider-than-expected operating loss in the third quarter, it said on Friday, plunging the German sports car maker deeper into crisis as it changes course on electric vehicles and bat
Volkswagen said on Friday that production at its German sites is secured for the coming week but short-term impacts remain possible as the carmaker works to shield its supply chains from a dispute ove

Porsche's new CEO will inherit old problems

01:06am, Friday, 24'th Oct 2025
Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to an end. It won't make for pretty reading.
Production at Volkswagen's main plant will proceed as planned next work week despite the risk of microchip shortages from a China-Netherlands stand-off over car industry contractor Nexperia, a person
Volkswagen on Wednesday warned of temporary production outages citing China's export restrictions on semiconductors made by Nexperia.
Volkswagen is preparing staff for temporary plant closures, German daily Bild reported on Wednesday, referring to an internal letter from company management warning staff about potential disruptions.
Porsche's first all-electric Macan GTS packs 571PS, a 0-62mph time of 3.8 seconds, and pure GTS attitude to rival the Tesla Model Y Performance.
A stand-off between China and the Netherlands over chipmaker Nexperia could significantly disrupt automotive production in the near future, Germany's VDA industry association said on Tuesday.
Volkswagen is preparing to suspend production of major models, including the Golf at its Wolfsburg plant, due to shortages in semiconductor supplies, Bild reported on Tuesday, citing sources in the su
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