Despite all that, the company's CEO reportedly says it's time to change tactics.

Porsche is set to intensify its cost-cutting efforts as the manufacturer faces headwinds from declining sales in China and the US tariff impact.

Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff dispute, according to a ...

While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...