Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs.

Volkswagen just ran its ID.7 electric sedan for a total of 584 miles on a single charge, averaging a very impressive 6.8 miles per kilowatt-hour. It achieved that lofty goal (144 miles beyond its WLTP rated range) by putting the car on a closed course and driving it slower than neighborhood speeds.

A new-generation gas-engine Macan? As reported yesterday by Autocar, Porsche is considering offering a new generation of the gasoline-powered Macan. Another possibility would be to modify the new electric Macan to fit it with a plug-in hybrid powertrain, using a gasoline engine as a generator to extend range.

Bad news for foreign automakers in the world's biggest car market keeps coming as two German marques reported big declines in deliveries in China.

Porsche Automobil Holding's (POAHY) core investments in Volkswagen and Porsche AG are underperforming. See why I recommend avoiding investment in the stock.

Bernstein analyst Stephen Reitman maintained a Hold rating on Porsche Automobil Holding (0JHU – Research Report) today and set a price target

Porsche, the sports car brand of the German automotive manufacturer Volkswagen Group, saw a 3 percent decrease in global vehicle deliveries last year compared to 2023 due to low demand in China. Total car deliveries in 2024 decreased to 310,

Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.

Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.

In a report released today, Stephen Reitman from Bernstein maintained a Hold rating on Volkswagen (0P6O – Research Report), with a price target

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...