Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid ...

Porsche is planning extensive measures "to strengthen the company's profitability in the short and medium term." That also includes "expansion of the product ...

Money is shifting around, and the next-generation internal combustion engine vehicles have gone back in the plan, while EVs ...

The decision could be made during the upcoming investment planning round at Volkswagen scheduled for early March, as reported ...

Porsche AG's shares fell 7% today, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and battery-related ...