Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...

BMW does not see the need to negotiate a special deal with the United States to avoid import tariffs, its chief purchasing ...

Germanys auto industry is facing challenges with declining sales, high production costs, and trade tensions. The upcoming ...

It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by ...

The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...

Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 ...

Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand ...

Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to ...

German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two plants in Germany by 2029. The Stuttgart-based company is making the cuts on top of existing job ...

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...

Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years. German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two ...