The carmaker aims to reduce positions by 15% at its main sites in Stuttgart-Zuffenhausen and Weissach in Germany.

The carmaker blamed the job losses on lacklustre demand for electric vehicles and “challenging geopolitical and economic ...

German luxury car manufacturer Porsche has announced plans to cut 1,900 jobs by the end of the decade at its main plants in ...

Germany reeling after car ramming 'attack' in Munich, politicians call for action after the incident, Porsche announces ...

Porsche is going through a difficult period. The Stuttgart-based brand has announced the elimination of 1,900 jobs in Germany ...

Porsche is cutting its workforce amid a "delayed ramp-up of electromobility." 1,900 German workers are affected. The layoffs ...

Plus, president Donald Trump wants to impose even more tariffs on goods imported into America and Vinfast almost tripled its EV sales ...