Porsche is set to intensify its cost-cutting efforts as the manufacturer faces headwinds from declining sales in China and the US tariff impact.

Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff dispute, according to a ...

Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...

While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...