Porsche

Business

Porsche reports significant plunge in European and Chinese deliveries

Although North American deliveries soared 37% in the first three months of the year, they were not enough to offset Porsche’s steep falls in other key markets.

09/04/2025

Business

Porsche shares fall as company warns of lower sales

Porsche has also announced that it will be cutting almost 4,000 jobs as part of a wider reorganising effort, as the company attempts to become more efficient in the medium and long term.

12/03/2025

Business

Porsche to cut almost 2,000 jobs in Germany as EV demand declines

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

14/02/2025

Business

Mercedes and Porsche 'downgraded' as German car makers struggle

As European car makers face mounting challenges in 2025, Goldman Sachs has downgraded both Mercedes-Benz AG and Porsche SE, citing rising costs, tariffs, and margin pressures.

14/01/2025

Business

Porsche sales plunge as Chinese competition heats up

German automaker Porsche has experienced dropping sales as competition in China continues to rise, with demand for some of its key electric models falling as well.

12/10/2024

Design

German carmaker Porsche to build luxury residential tower in Thailand

The Bangkok apartment building will be the third of its kind, following Porsche's iconic residential buildings in Stuttgart and Miami.

04/09/2024

Business

Porsche moves in with deal to help stalling German battery maker Varta

Porsche's decision to support Varta will allow the luxury car maker to have access to high-performance batteries for its hybrid and electric cars.

19/08/2024

Business

Life in the slow lane? Porsche buys stake in FlixBus and Greyhound

The world-famous car manufacturer says its share is worth a "low double-digit million" euro figure.

13/08/2024

Business

Flooding in Switzerland hits Jaguar Land Rover production

Other major car makers including Porsche and BMW have also been affected by an aluminium shortage caused by the flooding of a supplier's factory.

02/08/2024

Business

Porsche ditches electric car targets as demand fails to accelerate

The news comes after Porsche warned that production of some cars had been hit by a shortage of aluminium parts following the flooding of a factory at a key European supplier.

24/07/2024

Economy

Why is Germany opposed to EU tariffs on Chinese electric vehicles?

German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China.

14/06/2024

Business

Porsche revs up for intro to new models but puts brake on profit hopes

German car maker Porsche reveals details of new versions of favourite models due for release this year as it adds electric sports car into the mix.

12/03/2024

Austria

Street honouring Porsche founder to be renamed amid Nazi link claims

The city council in Linz is expected to formally rename "Porsche Road" next week.

16/12/2022

Eco-Innovation

161 mph Taycan revealed as Porsche's first electric car

Fours years on from the Mission E concept, Porsche’s first EV is now ready to go on sale

04/09/2019

World News

Ferdinand Piech, former chairman of Volkswagen, dies

The former head of Volkswagen who expanded the company significantly died at the age of 82.

27/08/2019

Eco-Innovation

Tesla-run Porsche 912 proves vintage cars can be converted to electric

Classic cars meet electric engines in the new retro-electric trend sweeping the automotive industry.

05/08/2019

Brazil

Porsche sports cars among destroyed cargo of sunken Grande America

They included some of the exclusive 911 GT2 RS models, which were on their way to customers in Brazil when the accident happened.

19/03/2019

Eco-Innovation

Classic cars with electric hearts

All around the world there are new companies sparking into life, turning beautiful classic cars into high-tech EVs.

05/11/2018

Eco-Innovation

This car maker is investing €6 billion in going electric

It will release a car that demanded the hiring of 1,200 new employees.

31/10/2018

Germany

Porsche drops diesel in electric car push

Porsche announces it will stop offering diesel versions of its cars on Sunday, shortly after it was caught cheating on diesel emissions test

23/09/2018