A double upgrade and pending job cuts snapped a three-day losing streak for Porsche (DRPRY) and drove shares up as much as 4% ...

(Bloomberg) -- Porsche AG named Michael Leiters its next chief executive officer, tapping a German engineer who has honed his luxury-car skills at McLaren Automotive Ltd. and Ferrari NV to steer a ...

Oliver Blume has stepped down as Porsche CEO, but will remain the head of Volkswagen Group, Porsche’s owner. Michael Leiters will take Blume’s role next year, at a time when Porsche is facing ...

Porsche is one of the best-known automakers on the planet, and also one that, at first blush, would seem to be in great shape. It's survived tough times and come out as one of the few that can have ...

BERLIN, June 22 (Reuters) - Porsche still expects its operating margin to recover to between 5.5% and 7.5% this year, despite persistent challenges in key markets, the 911 sports car maker's CEO said ...

With its sales in decline, Porsche’s new chief executive, Michael Leiters, is reportedly pushing for the company to downsize, dramatically reducing its production plans, cutting its workforce, and ...

New drama from the ranks of the automotive C-suites: on Friday, Porsche announced that it’s planning moving on from Oliver Blume as chief executive officer, and as such is entering into discussions ...

BERLIN (Reuters) -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, ...

Happy Wednesday! It's August 27, 2025, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most ...

Don't expect to read any reports of an all-electric Porsche 911 in the near future. The company has no plans to build an electric version of its flagship sports car, CEO Michael Leiters said, ...

BERLIN/LONDON/FRANKFURT (Reuters) -Porsche's outgoing CEO Oliver Blume has one more quarterly report to deliver on Friday before his decade-long tenure comes to an end. It won't make for pretty ...