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Porsche is grappling with slumping sales in China (WANG Zhao) Luxury sports car maker Porsche announced Wednesday it plans to sell fewer vehicles, but at a higher price to try to regain profitability hit by competition from China. The subs…
Investing.com -- Porsche plans to lift the average price of its most expensive models by roughly 20% by 2030, taking inspiration from Ferrari's approach of using exclusivity to drive profits. Before you buy NVIDIA: our AI model's stock pic…
Porsche, Lexus, Toyota and Ford Rank Highest in Respective Segments in JD Power Automotive Brand Loyalty Study Overall brand loyalty rises to 50.2%, up from 49% last year Brand loyalty improves despite economic pressures Four segment leade…
MIDDLETOWN, Del., Oct. 5, 2026 /PRNewswire/ -- The Germany Tire Market was valued at USD 5.89 billion in 2025 and is projected to expand from USD 5.96 billion in 2026 to USD 6.54 billion by 2035, registering a compound annual growth rate o…
Porsche (P911.DE) is betting that buyer appetite and a pivot to more gas-powered vehicles will help its turnaround, but it may not be enough. Current CEO Michael Leiters has been in place at the German automakersince January and is slowly…
The European stock markets closed lower in Thursday trading as bond yields and oil prices surged whi PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Inaugural event scheduled to take place at Miracle Mile in Coral Gables, Florida, from January 15-17, 2027 MIAMI, September 23, 2026--(BUSINESS WIRE)--duPont REGISTRY Group ("dRG"), the leading AI-powered, digitally enabled platform for th…
Volkswagen (XTRA:VOW3) is back in focus after workers across Germany planned large protests over job security, just as the group cut its profit outlook and booked a sizeable Porsche related writedown. The sharp 5.6% one day share price dec…
Tens of thousands of workers across Germany plan to stage protests on Monday, seeking protection for jobs and factories. Employees at Volkswagen, which slashed its profit outlook late Friday, as well as Mercedes-Benz, BMW, Audi, Porsche an…
Four years ago, a startup lab launched that wasn't quite an incubator, accelerator program, or venture firm. UP.Labs, as it was called then, built startups designed to solve problems for corporate customers such as Alaska Airlines and Pors…
Volkswagen has dramatically cut its 2026 profit outlook as deteriorating business in China, restructuring costs and a multibillion-euro writedown at Porsche pile pressure on Europe's largest automaker. The German carmaker now expects an op…
Volkswagen plans to cut 100,000 jobs worldwide by the end of the decade (Jens SCHLÜTER) German auto giant Volkswagen warned Friday of a 10-billion-euro ($11.4 billion) hit to its annual earnings, citing tough conditions in China, problems…
Investing.com -- Volkswagen AG (ETR:VOW) shares fell 7.5%, extending declines after the company cut its fiscal year 2026 operating return on sales guidance to up to 1%, down from a previous forecast of 4% to 5.5%. Still guessing which name…
Porsche 918 Spyder Weissach joins Ferrari LaFerrari and McLaren P1 in rare offering of the famed 'Holy Trinity' of hypercars | 2015 Porsche 918 Spyder features Weissach Package and is the only known European-delivery example to be finished…
Force Marketing Atlanta, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Force Marketing, a leading data-driven technology and marketing provider in the automotive sector, has added Acura, Honda, Hyundai and Nissan to its certified partnership programs…
NEW YORK, September 09, 2026--(BUSINESS WIRE)--HOF Capital today announced the completion of its acquisition of Porsche's equity interests in Bugatti Rimac and Rimac Group through an HOF-led consortium. The transaction, first announced in…
The job cuts make this the largest restructuring programme in global automotive history (Jens SCHLÜTER) The day after Volkswagen management, shareholders and unions agreed to cut a total 100,000 jobs over the coming years, automotive worke…
Porsche stock presents a clear split for valuation minded investors. The Discounted Cash Flow (DCF) intrinsic value estimate points to the shares trading at roughly a 12.5% discount, while traditional market multiples suggest the stock scr…
Sonic Automotive (SAH) is back in focus after announcing the acquisition of Porsche Walnut Creek in the Bay Area. The move expands its luxury dealership footprint as investors reassess the stock's recent share price pullback. For context,…
The European stock markets closed higher in Friday trading as investors analyzed comments from the U PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Newsweek's 2026 Most Trustworthy Company Honoree Strengthens Sonic's Northern California Presence and Expands Its Porsche Portfolio to Six Dealerships CHARLOTTE, N.C., Aug. 27, 2026 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one o…
WALNUT CREEK, Calif., August 27, 2026--(BUSINESS WIRE)--The Presidio Group LLC ("Presidio"), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mo…
This article first appeared on GuruFocus. Volkswagen (VWAGY) CEO Oliver Blume is warning that the automaker's restructuring effort is far from finished, with labor costs at some German factories still running well above competing European…
Sales of Porsche's electric Taycan have been sliding in recent years (Chanakarn Laosarakham) Struggling German sports car maker Porsche plans to end production of the Taycan, its flagship fully electric model, by 2030 after steadily dwindl…
This article first appeared on GuruFocus. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points JSW Dulux Ltd (BOM:500710) delivered a strong quar…
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Porsche stock performance snapshot Dr. Ing. h.c. F. Porsche (XTRA:P911) has delivered mixed share p…
After decades of winning over Chinese buyers with its German engineering, Mercedes-Benz Group AG sold only 1,153 units in China in the first half of 2026, a fraction of the more than 80,000 similarly priced SU7 sedans Xiaomi Corp. delivere…
Austin Huffman, founder of car exhaust system company Valvetronic Designs, sits down with Market Domination host Josh Lipton and Yahoo Finance Senior Autos Reporter Pras Subramanian to discuss the car customization industry and how electri…
On the oceanfront stretch of Sunny Isles Beach, Florida, residents of the Porsche Design Tower don't park their cars in a garage. Instead, the garage rides upstairs with them. Residents pull their vehicles into a cylindrical glass elevator…
Investing.com -- Mercedes-Benz Group AG Chief Executive Officer Ola Källenius said the intense pricing competition in China's car market will continue for years. Chinese brands are spending an "enormous amount of money" to enter the countr…
Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Breaking News Reporter Jake Conley to take a closer look at the weakness emerging in the luxury consumer market — including high-end auto brands…
This article first appeared on GuruFocus. Porsche, the German luxury carmaker, confirmed its 2026 guidance after first-half operating profit rose 34% to 1.35 billion, even as revenue fell 5%. Porsche shares are down 0.22% in Frankfurt. Ope…
This article first appeared on GuruFocus. Vehicle Deliveries: More than 122,000 vehicles delivered, a decline of 16% year-on-year. Wholesales: Approximately 121,000 units sold, down 11% year-on-year. Revenue: EUR 7.2 billion, a decline of…
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Dr. Ing. h.c. F. Porsche (XTRA:P911) is back in focus after long serving production chief Albrech…
This article first appeared on GuruFocus. Porsche (P911), the Volkswagen sports car unit, will cut another 5,000 jobs by 2035 under a second restructuring package agreed with labor representatives, the two sides said in a joint statement.…
The maker of the 911 sports car has seen profits collapse due to plunging sales in China, where home-made electric vehicles now dominate, as well as US tariffs and a costly decision to hit the brakes on its troubled electric transition (SI…