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

Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German...

Porsche plans to cut 1,900 jobs in Germany as part of cost-cutting measures to reverse sliding profitability amid weak electric vehicle demand and...

German carmaker will review plans for site which had been forecast to secure 4,000 jobs in EV production

Chinese electric car manufacturer BYD recently entered South Korea's passenger electric vehicle (EV) market, which raised concerns over potential...

German automakers are losing their dominance in China’s high-performance car market to Chinese rivals like Xiaomi, whose electric, AI-equipped...

Tesla, the electric vehicle manufacturer from the United States, has officially entered the Malaysian market in 2023, with the promise of developing...

Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years.

Porsche profits are plummeting due to the costs of pivoting away from a rapid electric transition and declining sales in China.

Porsche profits are plummeting due to the costs of pivoting away from a rapid electric transition and declining sales in China.