Porsche is shifting gears on its electrification strategy, scaling back its ambitious EV plans to bolster combustion and hybrid powertrains. However,...
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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 “challenging geopolitical and economic conditions.” The job losses will affect workers at Porsche’s main plant in Stuttgart-Zuffenhausen and its R&D site in Weissach. A year ago, Porsche CEO Oliver Blume lauded his decision to approve the Taycan electric saloon for production at his first-ever supervisory board meeting as CEO back in 2015. Continue reading at newmobility.news.
Porsche is shifting gears on its electrification strategy, scaling back its ambitious EV plans to bolster combustion and hybrid powertrains. However,...
FRANKFURT: Sports car manufacturer Porsche said on Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to electric...
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...
German automotive supplier Continental announced plans to cut 3,000 jobs more worldwide by the end of 2026. The move, which follows a previous round...
Kia has unveiled the design of its compact electric saloon and hatchback EV4 ahead of the brand’s EV Day 2025, which is set for February 27th. We...
Luxury car maker Porsche has announced plans to cut almost 2,000 jobs over the next five years.
The Porsche Experience team in Lapland recently set a GUINNESS WORLD RECORDS title for the longest continuous vehicle drift on ice by an electric...
Yesterday, Mercedes-Benz revealed plans to cut costs by several billion euros or 10% by 2027. Car production will be reduced from 2.5 million units to...
Continental AG has unveiled plans to cut an additional 3,000 jobs as part of its ongoing cost-cutting strategy aimed at preparing its struggling...