The Latest Breaking News from Porsche

Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to electric vehicles, the latest blow for Germany's stalling auto sector.

Porsche will cut 1,900 jobs in Germany amid profitability concerns linked to the sluggish electric vehicle uptake rate in Europe and slowing overall growth in China. The job cuts will come on top of two other layoff rounds that affected 2,000 workers.

It's no secret that Volkswagen Group is having a tough time right now. With 2024 fading in the rearview and all kinds of uncertainly facing automakers for the future, Porsche, one of VW's most important brands, is looking to downsize. Considerably.

Porsche launched the 911 S/T in 2023 to celebrate the model’s 60th anniversary. The company pledged to make just 1,963 of them, honoring the 911’s first model year, and Porsche has assigned all but one of them in the United States to customers. Porsche Cars North America pulled this final…

A round-up of the latest car reveals, consumer issues and hot deals.

Nobody said the new Corvette ZR1 was going to be cheap. The ZR1 coupe starts at $174,995 with destination, while the hardtop convertible costs $184,995. But those prices are for a base ZR1 before the seemingly endless amount of options Chevrolet shoehorned into its newly published online configurator.

Formula E’s Rookie Free Practice session at the Jeddah E-Prix will feature the likes of former Formula 1 driver Daniil Kvyat and 2023 Formula 2 champion Theo Pourchaire.

A fan at a Nebraska basketball game recently won a $75,000 Porsche for putting a golf ball the full length of the court into a 4-inch slot

The jacked-up Porsche 911 Dakar wasn't around for long, with the final model rolling off the assembly line in November. We thought that was the end of the model, with Porsche only building 2,500 examples. However, it appears the company isn't done with the 911 Dakar model yet. A new report…

Because of his extensive background in businesses like hotels, mail-order steaks and private universities, many people assumed that President Trump's second tenure in the White House would be inherently good for business. Yet many businesses now feel they're being left holding the bag after Trump's administration ordered an immediate freeze to America's federally funded…

Porsche, like many other automakers right now, is taking a hard look at the future and reevaluating its plans. Specifically, that means dialing back the electric push in favor of more combustion power. But it's not as easy as flipping a switch. And it won't come without a price.