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Porsche’s Cost-Cutting Drive To Claim Another 5,000 Jobs: Report

Porsche is reportedly planning to cut another 5,000 jobs, adding to the 3,900 layoffs already announced. In exchange, the remaining…

4 days ago

Jetta And Taycan Among 10 Cars Facing The Axe At VW Group: Report

The VW Group plans to slash its model count by 50 percent. It hasn't given any names, but German media…

2 weeks ago

Porsche Wants Bigger Profits, Even If It Sells Fewer Cars

Porsche CEO reveals plans to reduce production capacity. Michael Leiters believes costs spiraled out of control. The 718 Boxster and…

1 month ago

Porsche’s Operating Profits Have Plummeted

Porsche’s struggles in 2025 are no secret. In July, outgoing CEO Oliver Blume acknowledged that the company is facing significant…

9 months ago