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

German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's ...

German luxury carmaker Porsche on Monday reported a decline in global sales last year. Worldwide deliveries dropped by 3%, ...

The carmaker reported a drop in 2024 car deliveries with weakness in China offsetting growth in other markets, and said the ...

Porsche deliveries to Chinese customers slumped more than a quarter this year, as the luxury-car maker blamed a “continuing ...

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

The drop weighed on global sales, which were down 3per cent at 310,718 vehicles compared with 2023. This came despite growth ...

A Porsche crashed through a wall outside a building in China. A female driver struck the brick fence, causing damage to the ...

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 ...

Porsche and BMW have become the latest European carmakers to report sliding sales in China. The two German automakers on Monday said their respective sales in the world's largest auto market fell ...

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's ...