Up to 4,000 more jobs could be cut at sports carmaker Porsche following the job cuts already announced, the Handelsblatt newspaper reported on Sunday. The newspaper said staff in management and ...

"As half of our overheads stem from staff costs, a theoretical calculation -- assuming no change in labour costs –- would result in the loss of around 50,000 jobs." ...

Porsche delivered 122,306 cars worldwide in the first half of 2026, a 16 percent drop from the same period last year. China ...

Shares in the German automaker fell nearly 2% in Frankfurt trading after reports of a restructuring plan twice the scale of its existing cuts ...

By Christina Amann and Christoph Steitz BERLIN, June 26 (Reuters) - Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar with the ...

The new iX3 SUV EV has to be on the money, not only for the sake of BMW, but also the whole European premium sector under threat from China. Early reports are favorable.

Exclusive CEO interview: Adrian Hallmark reveals the product strategy and restructuring plan to get the Brit brand in the ...

Oliver Blume, the 58-year-old chief executive of Volkswagen Group, has lived and breathed the mighty German car industry for ...

German automobile company Volkswagen, which has begun large-scale restructuring to cut costs, is reportedly considering ...

The new report also alleges the core VW brand will be separated from the VW Group.

BERLIN, June 26 (Reuters) - Volkswagen CEO Oliver Blume is aiming to cut up to 100,000 jobs and end production at four German plants in what would be the biggest overhaul in the company's 89-year ...

Goodwood Festival of Speed was an exceptional celebration of cars from the past, present and future! These were the top ...