Founded 1948 Founder Ferdinand Porsche Headquarters Stuttgart, Germany Owned By Volkswagen Current CEO Oliver Blume In the ...

While Marussia had production plans for both the B1 and the B2, with a vision to build around 3,500 units, these plans did ...

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

Porsche announces significant job cuts as it pivots back to combustion engines in response to disappointing electric vehicle ...

Carmaker Porsche is planning to layoff an additional 1,900 people in Germany by 2029, following a review of an ongoing ...

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

Amidst dropping China sales, high German production costs, intense competition and a slower-than-expected shift to EVs, ...

The plan is to reduce the number of positions under an austerity program at the company's sites in Stuttgart and Weissach ...

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

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

The mayors of 15 German cities have written to the European Commission demanding the immediate rollback of its looming ...