More than 500 people will be affected by the closures.

Germany's struggling sports car manufacturer Porsche plans to close three subsidiaries as part of its efforts to "focus on ...

The Leipzig plant in Germany is working at full capacity, ensuring supply of the popular SUV through 2027 ...

German sports car giant Porsche plans to close the majority of operations at its subsidiary Cellforce, a factory for high-performance battery cells. According to the German newspaper Der Spiegel, the ...

German carmaker Porsche is withdrawing from the luxury sports car manufacturer Bugatti. Its 45% stake in the Bugatti Rimac joint venture is being sold to a consortium led by the private equity firm ...

Porsche is known for building cars that really are extremely good right out of the box. Yes, they tend to be more expensive ...

Porsche has been suffering since the demand for EVs started to decline worldwide. The German automaker is thus forced to cut jobs for damage limitation. Right now, the brand's lineup includes two BEVs ...

There’s stock market intrigue in Europe as Porsche AG is being removed from the DAX, which consists of 40 major German companies. It’s being replaced by Scout24 SE, which operates ImmoScout24. The ...

(Bloomberg) -- Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz Group AG and hundreds of parts makers dangerously behind in ...

Craig has worked in automotive media for nearly 20 years, producing content for publications ranging from Autoline and AutoGuide to Roadshow by CNET and EV Pulse. Aside from writing, he’s also ...

German luxury stalwarts Mercedes-Benz (MBGAF) and Porsche (P911.DE) usually count on the US for a sizable portion of their sales — approximately 25% for both automakers. But those days could be over, ...