Porsche’s nine-month sales plunge 16% as sports car maker braces for prolonged downturn
Weak China demand, phase-out of the 718 model line and the automaker's focus on brand value over volume continued to weigh on sales...
Tag : Porsche
Volkswagen to go aggressive on restructuring, to cull Spanish marque Seat
Thomas Schaefer, Volkswagen's brand head, made the declaration amid workers' protests that started after the automaker issued a profit warning...
Automobile conundrum: Germany’s industrial crown jewel under pressure
One after another, German automobile companies are announcing restructuring plans, only to meet opposition and scrutiny from labour unions...
TCS, Porsche announce partnership to accelerate AI-powered mobility
TCS and Porsche will collaborate to embed AI across intelligent manufacturing and operations, engineering and customer experience...
Volkswagen CEO doubles down on job cuts, weighs ‘intelligent’ plant overhaul
Oliver Blume-led Volkswagen is facing headwinds like tariff costs, stiff Chinese competition, and pressure on its manufacturing networks...
IF Insights: Volkswagen Law returns, putting CEO Oliver Blume to fresh test
Blume's organizational shake-up plan faces strong opposition from workers' unions and key shareholders, with the latter having the power to block it...
IF Insights: Unpacking Porsche’s financial collapse
Porsche’s financial health has been utterly exposed, demonstrating definitively that brand legacy is insufficient protection against fundamental structural flaws...
IF Insights: Why are luxury EVs struggling to find buyers?
To make EVs truly mainstream, automakers must shift from building boutique electric marvels to producing affordable, mass-market vehicles...
Used EVs now cheaper than gas cars
Owners of electric vehicles are aware of the high cost involved in replacing a malfunctioning battery pack...
Business Leader of the Week: After receiving Volkswagen investment, RJ Scaringe-led Rivian eyes first profit
RJ Scaringe had a deep affection for the automobile manufacturing process, and has always detested the fact that cars contribute significantly to environmental pollution...