Porsche is set to cut 1,900 jobs by 2029 as it grapples with stagnant demand for its electric models.

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

Germany faces crucial elections amid economic challenges, with firms citing bureaucracy and high costs as major risks.

Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...

Since 2017, Porsche has been offering watches that match their top-end vehicles. Gerhard Novak, the general manager of ...

German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two plants in Germany by 2029. The Stuttgart-based company is making the cuts on top of existing job ...

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...

Germany reeling after car ramming 'attack' in Munich, politicians call for action after the incident, Porsche announces ...

The mayors of 15 German cities have written to the European Commission demanding the immediate rollback of its looming ...

Luxury car maker Porsche has announced plans ... have suffered from decreased demand both at home and abroad. The number of unemployed people in Germany reached almost three million in January ...

The cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and the firm’s nearby research centre, Porsche said. Hit by high manufacturing costs at home ...