Showing 13 to 24 of 36 results
Porsche SE Diversifies into Defense Amidst Automotive Slowdown
Porsche SE, the holding company for Volkswagen and Porsche, is diversifying into the defense industry due to challenges in its core automotive business; it will invest in defense technology startups and explore further participation opportunities in areas like satellite surveillance and cybersecurit...
Porsche SE Diversifies into Defense Amidst Automotive Slowdown
Porsche SE, the holding company for Volkswagen and Porsche, is diversifying into the defense industry due to challenges in its core automotive business; it will invest in defense technology startups and explore further participation opportunities in areas like satellite surveillance and cybersecurit...
Progress
44% Bias Score
Self-Driving Revolution: GM Design Chief Predicts Fundamental Shift in Auto Industry
General Motors' new design chief Brian Nesbitt announced a fundamental shift in the auto industry due to self-driving technology, impacting not only driving but also lifestyles, comparable to the transition from horse-drawn carriages to cars in the early 20th century; Chevrolet revealed a Corvette C...
Self-Driving Revolution: GM Design Chief Predicts Fundamental Shift in Auto Industry
General Motors' new design chief Brian Nesbitt announced a fundamental shift in the auto industry due to self-driving technology, impacting not only driving but also lifestyles, comparable to the transition from horse-drawn carriages to cars in the early 20th century; Chevrolet revealed a Corvette C...
Progress
48% Bias Score
Porsche Announces Further Cost Cuts Amidst Declining Profits
Porsche CEO Oliver Blume announced a new cost-cutting plan for 2025 due to declining profits caused by decreased sales in China, increased US tariffs, and slow e-mobility transition; the company's first-quarter 2025 operating profit fell 40.6 percent to €0.76 billion.
Porsche Announces Further Cost Cuts Amidst Declining Profits
Porsche CEO Oliver Blume announced a new cost-cutting plan for 2025 due to declining profits caused by decreased sales in China, increased US tariffs, and slow e-mobility transition; the company's first-quarter 2025 operating profit fell 40.6 percent to €0.76 billion.
Progress
44% Bias Score
Emelia Hartford to Race 2025 Pikes Peak in Mobil 1-Sponsored Porsche
YouTube star and professional race car driver Emelia Hartford will compete in the 2025 Pikes Peak International Hill Climb's GT4 class, driving a 500 bhp Porsche 718 Cayman GT4 RS Clubsport sponsored by Mobil 1, with mentorship from Pikes Peak legend Jeff Zwart, tackling the 12.5-mile course's 156 t...
Emelia Hartford to Race 2025 Pikes Peak in Mobil 1-Sponsored Porsche
YouTube star and professional race car driver Emelia Hartford will compete in the 2025 Pikes Peak International Hill Climb's GT4 class, driving a 500 bhp Porsche 718 Cayman GT4 RS Clubsport sponsored by Mobil 1, with mentorship from Pikes Peak legend Jeff Zwart, tackling the 12.5-mile course's 156 t...
Progress
24% Bias Score
VW CEO Blume Defends Dual Role Amidst Shareholder Criticism
Volkswagen CEO Oliver Blume defended his dual role leading VW and Porsche at the company's virtual annual general meeting despite criticism from shareholders concerned about his ability to effectively manage both companies during a period of significant challenges, including cost-cutting measures re...
VW CEO Blume Defends Dual Role Amidst Shareholder Criticism
Volkswagen CEO Oliver Blume defended his dual role leading VW and Porsche at the company's virtual annual general meeting despite criticism from shareholders concerned about his ability to effectively manage both companies during a period of significant challenges, including cost-cutting measures re...
Progress
48% Bias Score
Porsche Q1 2025 Deliveries Down 8% Amidst Cybersecurity Regulations and Market Challenges
Porsche's Q1 2025 global deliveries fell 8% to 71,470 units, driven by a 42% drop in China (9,471 units) and a 10% decrease in Europe (excluding Germany, 18,017 units), partly due to the discontinuation of combustion engine models failing to meet EU cybersecurity standards; however, North American s...
Porsche Q1 2025 Deliveries Down 8% Amidst Cybersecurity Regulations and Market Challenges
Porsche's Q1 2025 global deliveries fell 8% to 71,470 units, driven by a 42% drop in China (9,471 units) and a 10% decrease in Europe (excluding Germany, 18,017 units), partly due to the discontinuation of combustion engine models failing to meet EU cybersecurity standards; however, North American s...
Progress
40% Bias Score
Porsche Announces \$1.3 Billion Restructuring Amidst Market Challenges
Porsche announced a \$1.3 billion restructuring for 2025 to address decreased Chinese demand, US tariffs, and slower-than-expected electric vehicle transition, resulting in a significant drop in operating profit in the first half of the year.
Porsche Announces \$1.3 Billion Restructuring Amidst Market Challenges
Porsche announced a \$1.3 billion restructuring for 2025 to address decreased Chinese demand, US tariffs, and slower-than-expected electric vehicle transition, resulting in a significant drop in operating profit in the first half of the year.
Progress
56% Bias Score
Porsche Q2 Profit Plunges 91% Amidst Market Challenges
Porsche's Q2 2024 operating profit drastically fell 91% to €154 million due to decreased sales (particularly in China), high restructuring costs, US tariffs, and e-mobility investments; revenue dropped 12.9% to €8.3 billion.
Porsche Q2 Profit Plunges 91% Amidst Market Challenges
Porsche's Q2 2024 operating profit drastically fell 91% to €154 million due to decreased sales (particularly in China), high restructuring costs, US tariffs, and e-mobility investments; revenue dropped 12.9% to €8.3 billion.
Progress
52% Bias Score
VW Car Fire Lawsuit: Liability for Sinking Felicity Ace at Issue
Thousands of VW cars sank with the Felicity Ace in February 2022 after a fire; a lawsuit in Braunschweig, Germany, is determining liability for the hundreds of millions of euros in losses, with the ship's owner and insurers blaming a Porsche Taycan's battery, while VW denies responsibility.
VW Car Fire Lawsuit: Liability for Sinking Felicity Ace at Issue
Thousands of VW cars sank with the Felicity Ace in February 2022 after a fire; a lawsuit in Braunschweig, Germany, is determining liability for the hundreds of millions of euros in losses, with the ship's owner and insurers blaming a Porsche Taycan's battery, while VW denies responsibility.
Progress
36% Bias Score
Porsche Q1 2025 Profit Plunges 40.6% Amidst China Market Collapse and US Tariff Impacts
Porsche's first-quarter 2025 operating profit plunged 40.6 percent to €0.76 billion due to a sharp decline in the Chinese market, increased costs from trade conflicts and supply chain issues, and the impact of US tariffs; the company is cutting 1900 jobs in the Stuttgart region.
Porsche Q1 2025 Profit Plunges 40.6% Amidst China Market Collapse and US Tariff Impacts
Porsche's first-quarter 2025 operating profit plunged 40.6 percent to €0.76 billion due to a sharp decline in the Chinese market, increased costs from trade conflicts and supply chain issues, and the impact of US tariffs; the company is cutting 1900 jobs in the Stuttgart region.
Progress
52% Bias Score
Porsche Sales Plunge 8% in Q1 2025 Amidst Cybersecurity Issues and Market Challenges
Porsche's first-quarter 2025 global deliveries fell 8% to 71,470 units, with sharp declines in China (-42%, 9,471 units) and Europe (-10%, 18,017 units excluding Germany), partly due to the discontinuation of models failing to meet EU cybersecurity laws; North American sales, however, grew by 37% (2...
Porsche Sales Plunge 8% in Q1 2025 Amidst Cybersecurity Issues and Market Challenges
Porsche's first-quarter 2025 global deliveries fell 8% to 71,470 units, with sharp declines in China (-42%, 9,471 units) and Europe (-10%, 18,017 units excluding Germany), partly due to the discontinuation of models failing to meet EU cybersecurity laws; North American sales, however, grew by 37% (2...
Progress
40% Bias Score
Porsche Sales Slump 8% Amidst US Tariffs and European Setbacks
Porsche's first-quarter 2024 global sales fell 8% to 71,470 vehicles, driven by declines in Europe and China, despite a 37% rise in US deliveries to 20,698 units; this downturn reflects the impact of US tariffs and broader industry challenges.
Porsche Sales Slump 8% Amidst US Tariffs and European Setbacks
Porsche's first-quarter 2024 global sales fell 8% to 71,470 vehicles, driven by declines in Europe and China, despite a 37% rise in US deliveries to 20,698 units; this downturn reflects the impact of US tariffs and broader industry challenges.
Progress
36% Bias Score
Showing 13 to 24 of 36 results