Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board ...
Porsche’s profitability is under threat after disappointing EV sales. Problems are multiplying and analysts want it to ...
It looks like the situation could be even worse than expected. Porsche said it would cut 1,900 jobs at two German plants by ...
As announced, Porsche has now parted ways with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von Platen ...
Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and ...
Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric vehicle demand ...
Porsche currently sells the Taycan and Macan EVs, but sales are declining. The automaker will have to fire almost 2,000 ...
Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz ...
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