German luxury sports car brand Porsche has officially denied foreign media reports that it plans to shift its vehicle assembly process to the United States. On June 6, a Porsche spokesperson told ...

Porsche will no longer pursue plans to make its own high-performance battery cells, calling the pursuit "not economically viable." The carmaker said slower demand for EVs in the U.S. was part of the ...

German sportscar manufacturer Porsche on Thursday said it was planning to cut some 1,900 jobs at two plants in Germany by 2029. The Stuttgart-based company is making the cuts on top of existing job ...