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

Porsche AG will invest €800 million ($831 million) in gasoline and hybrid vehicles, triggering a sharp decline last week as The post Porsche Shifts...

A worldwide shake-up in the electric vehicle market, including a Tesla sales slump and policy changes in several countries, could benefit Australian...

Musk's association with far-right parties as well as stiff competition from rival electric vehicle brands has seen sales slump by as much as 63 per...

Volkswagen realizes it needs to act to survive in the electric era. After negotiating with the unions to cut costs, the German manufacturer has...

Porsche is shifting gears on its electrification strategy, scaling back its ambitious EV plans to bolster combustion and hybrid powertrains. However,...

Lower prices, more competition, and a market leader's fall in popularity could prove a tipping point for sales of electric vehicles in Australia.

Despite its enormous oil and gas reserves, this country’s electric vehicle sales have increased from less than one per cent of total auto sales in...

FBIN's Q4 results are likely to reflect a declining sales trend due to softer residential & remodeling markets and a prolonged downturn in China. Yet,...

Alfa Romeo is reversing course on its ambitious all-electric plans, opting instead for a multi-energy strategy as it battles declining sales and a...