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Porsche News

Porsche Faces Potential Job Cuts for Up to 4,100 Additional Employees

Porsche May Cut Up to 4,100 More Jobs

Volkswagen drastically cuts 2026 profit forecast to just 1% margin

Volkswagen cuts 2026 profit forecast to 1%

Porsche Sells Bugatti and Rimac, Securing Over 1 Billion Euros

Porsche Sells Bugatti, Rimac for Over 1 Billion Euros

Volkswagen shares jump 6% on cost cuts, job cuts

Volkswagen shares rose 6% after its board approved sweeping cost cuts, including plans to reduce its workforce by 50,000 jobs and phase out four German factories. The measures aim to address challenges from Chinese competition and US tariffs.

Porsche Sells Consulting Arm MHP to Tata Consultancy

Porsche is selling its consulting subsidiary, MHP, to Indian company Tata Consultancy Services. The move allows Porsche to focus on its core business.

Wehrlein wins second Formula E world title in dramatic London race

Pascal Wehrlein has won his second Formula E World Championship title after a chaotic race in London. The German Porsche driver secured the championship in dramatic fashion.

Porsche to Cut Another 5,000 Jobs, Extending Employment Guarantees to 2035

Porsche cuts 5,000 more jobs, extends guarantees to 2035

Porsche Profit Rises Despite Sales Decline in First Half

Porsche Profit Rises Despite Sales Decline

Porsche Supervisory Board Backs Cost-Cutting Plan Amid Potential Job Cuts

Porsche Board Backs Cost-Cutting Plan Amid Job Cut Fears

One Year On: China's Luxury Car Tax Changes Impact German Automakers

China Luxury Tax: German Carmakers Face Ongoing Challenges

Porsche is a German luxury car manufacturer that operates as a subsidiary of the Volkswagen Group.