BYD, Polestar and XPeng all gained ground in Europe while Tesla lost market share.

Facing fierce competition from BYD and other local EV makers, Volkswagen is launching 11 new models in China to try and ...

FRANKFURT, March 12 (Xinhua) -- The German Luxury sports car manufacturer Porsche AG on Wednesday published ... to "the continuing challenges in China." The operating return on sales went down ...

Investing.com -- Porsche (ETR:P911_p) AG (ETR:PSHG_p) on Wednesday reported a decline in profits for the 2024 financial year, citing weak demand in China and ongoing challenges in the global ...

The luxury sports car maker, which is majority-owned by Volkswagen, faces growing competition from China. Porsche – where tennis star Emma Raducanu is a global ambassador – said its profit ...

German sportscar manufacturer Porsche saw profits plunge in 2024, as sales in China took a major hit and the carmaker poured money into updating several of its high-end models. Bernd Weißbrod/dpa ...

Investing.com -- Porsche AG (ETR:PSHG_p) on Wednesday reported a decline in profits for the 2024 financial year, citing weak demand in China and ongoing challenges in the global automotive market.

The lower results were mainly due to the continuing market challenges in China. The company also issued cautious outlook for fiscal 2025. Further, CFO Dr Jochen Breckner said, "Porsche has proven ...