Tag:

Porsche

Ferrari challenges Tesla with a hyper-luxury, family-sized EV

Ferrari has officially unveiled its first-ever fully electric car, the Luce, charting a bold and high-stakes course into the luxury EV market at a time when major rivals like Porsche and Lamborghini are scaling back their electric ambitions due to cooling global demand.

26 May 2026-09:04
German car stocks fall after Trump raises auto tariffs

Shares of major German automakers fell on Monday after U.S. President Donald Trump announced a sharp increase in tariffs on car imports, raising duties to 25% from a previously agreed 15%.

04 May 2026-11:46
Munich court rules man not liable for Porsche damage in dog escape

A delivery driver who jumped onto a Porsche Cayenne after being startled by dogs is not required to pay for the resulting damage, a Munich court said on Monday.

27 Apr 2026-16:51
Porsche exits Bugatti Rimac in major stake sale

24 Apr 2026-15:56
Porsche sales slump in China and US in Q1

Porsche AG reported a sharp decline in global deliveries in the first quarter of 2026, as demand weakened in key markets including China and the United States, underscoring ongoing challenges for the German sports car maker.

10 Apr 2026-11:45
Porsche forecasts higher margins in 2026

German carmaker Porsche, a subsidiary of Volkswagen, expects its operating margin to rise this year, as it dusts itself off from a turbulent 2025 rocked by profit warnings, tariff costs and the departure of its long-standing CEO.

11 Mar 2026-10:28
Volkswagen receives preliminary bids of $9.4 billion for Everllence

Volkswagen has received preliminary bids valuing its diesel engine division, Everllence, at around 8 billion euros ($9.44 billion) including debt, according to sources familiar with the discussions. The valuation exceeds some analysts’ estimates and marks one of the largest European corporate carve-outs this year.

27 Feb 2026-17:30
Porsche 2025 deliveries fall 10% on weak China demand

Porsche delivered 279,449 vehicles worldwide in 2025, a 10% decline from 310,718 units in 2024, citing weak demand in China and supply challenges in Europe.

16 Jan 2026-14:16
Volkswagen, Porsche recall 500,000+ vehicles in U.S.

Volkswagen and its luxury brand Porsche are recalling more than 500,000 vehicles in the United States due to software issues affecting rearview camera displays, U.S. auto safety regulators said on Tuesday.

06 Jan 2026-14:20
Volkswagen posts €1.3 billion Q3 loss amid tariffs and Porsche EV costs

Volkswagen reported a 1.3-billion-euro operating loss in the third quarter, compared with a 2.8-billion-euro profit a year earlier, as U.S. tariffs and a costly electric vehicle strategy shift at Porsche hit the group’s finances.

30 Oct 2025-10:47