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Porsche CEO Blume initiates talks on another savings programme
Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff dispute, according to a ...
Porsche planning more cuts to offset weak sales, U.S. tariffs - report
Porsche AG ( OTCPK:POAHY) ( OTCPK:POAHF) plans further cost-cutting as weak sales for its electric vehicles and impact from ...
The SUV That Saved Porsche Is Going Electric
At the time, many purists believed that this was the end of the Porsche as they knew it. However, they couldn’t have been ...
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One in Five EVs Sold Globally Is Now a Volkswagen
While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...