Oliver Blume, CEO of Porsche, discusses full-year earnings and the German automotive industry from the Porsche museum in Stuttgart.
Two of Europe's leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they're passed along.
Volkswagen's factory in Osnabrueck would be a good fit for a conversion to military production, the CEO of Rheinmetall said on Wednesday, as the German carmaker considers ways to repurpose the site th
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a potential trade war between the U.S. and Europe, Oliver Blume — chief executive o
Volkswagen's Q4 FY2024 results showed stronger-than-expected earnings, but significant challenges remain, particularly in the Chinese market with a 10% YoY decline in deliveries. Despite a 1% YoY reve
Stuttgart. Porsche AG ended the 2024 financial year with a robust result in a challenging environment. The sports car manufacturer marked record sales in four out of five regions of the world, as wel
Volkswagen is in talks with digital cockpit system developer Ecarx to put the Chinese company's technologies in cars it sells in developed markets, such as Europe and United States, Ecarx's CEO said o
Porsche AG (ETR:P911) shares hit reverse gear, falling 1.5% in early trading, after the luxury carmaker slashed another profitability target. The German auto giant now expects a return on sales of 15

Porsche Plans 3,900 Job Cuts in Efficiency Drive

04:04am, Wednesday, 12'th Mar 2025
The company warned investments and costs of reshaping will hit earnings this year and expects markets to remain challenging.
Porsche said on Wednesday it will keep its dividend for 2024 at the previous year's level despite a 30.4% drop in net profit, according to Reuters calculations, as the luxury carmaker battles high cos
Tim Urquhart, principal automotive analyst at S&P Global Mobility, discusses Volkswagen's fourth-quarter results and the outlook for the automotive industry in the face of geopolitical tensions.
Volkswagen plans to lay off 1,600 staff at its Cariad software unit by the end of the year, the Handelsblatt business daily reported on Tuesday, citing company sources.
Volkswagen's Chief Financial Officer Arno Antlitz says it's too early to say how the company will be impacted by new U.S. tariffs.
Volkswagen's Chief Financial Officer Arno Antlitz discusses the German autos giant's 2024 full-year results.
Volkswagen AG (OTCPK:VWAGY) Q4 2024 Earnings Conference Call March 11, 2025 6:15 AM ET Company Participants Rolf Woller - Head of Group Treasury and Investor Relations Oliver Blume - Chief Executive O
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