Porsche Mission S Revealed: New Mid-Engine Supercar Gets a ‘Permanent’ Place in the Lineup
thedrive.com/news/porsche-mission-s-revealed-new-mid-engine-supercar-gets-a-permanent-place-in-the-lineup
Porsche Mission S Revealed: New Mid-Engine Supercar Gets a ‘Permanent’ ...
Key FactsPorsche Presents Mission S as Permanent Mid-Engine Offering
Oct 15, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: thedrive.com
  • Porsche is developing the Mission S as a mid-engine supercar and plans a permanent position within its lineup.

  • The future production version should exceed the 911 in performance and price; a possible $500,000 price remains unconfirmed.

  • Porsche confirmed an internal-combustion engine but provided no details about the specific engine or powertrain.

  • The interior omits permanently integrated center and passenger displays, instead using a retractable MagSafe-compatible smartphone system.
Volkswagen: VW faces investment shutdown - | Dispute over billions escalates: Traditionally, the carmaker approves its five-year budget in the fall. Now ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-droht-investitions-shutdown-streit-um-milliarden-eskaliert/100261829.html
Volkswagen: VW faces investment shutdown - | Dispute over billions ...
Key FactsReports: Volkswagen May Defer Investment Decision to 2027
4 days ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Several people familiar with the discussions report that the supervisory board will be unable to complete the 2026 planning round.

  • The vote covers €135 billion for the next five years, compared with €165 billion in the previous round.

  • The planning covers new models, utilization of just over 100 plants, plus software, battery technology and automated driving.

  • The latest savings package remains only outlined, while the long-term future of four German plants remains unresolved.
Porsche Won't Build An Electric Supercar Because 'There Is No Demand': Citing zero demand, Porsche won't build an EV version of its upcoming mid-engined supercar ...
motor1.com/news/812361/porsche-says-zero-demand-electric-supercar/
Porsche Won't Build An Electric Supercar Because 'There Is No Demand'
Porsche wants to become like Ferrari - | but the company is too big for that: Porsche's profit has fallen significantly by 2025. The new strategy relies more ...
focus.de/finanzen/porsche-will-wie-ferrari-werden-doch-dafuer-ist-der-konzern-zu-gross_c983f4d9-2cf9-4b73-8b54-687e4c164ea9.html
Porsche wants to become like Ferrari - | but the company is too big for ...
Key FactsPorsche plans fewer vehicles and more combustion-engine models
Oct 16, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: focus.de
  • Porsche’s profit fell 93% in 2025, while approximately 280,000 vehicles were sold.

  • The 2022 target of more than 80% electric vehicles by 2030 was abandoned; Porsche now plans two-thirds combustion vehicles and one-third electric vehicles.

  • Porsche’s sales in China fell from approximately 79,000 in 2023 to about 42,000 in 2025.

  • Porsche plans to cut 25% of administrative and factory positions by 2030 or 2031; management cuts are planned at 40%.
  • Our business model, which has carried us for many decades, no longer works in this form.
    — Oliver Blume, CEO of Porsche, in a message to all Porsche employees
Key FactsMission S: Porsche plans new supercar
Oct 16, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: manager-magazin.de
  • The vehicle currently exists only as a study; unofficial information indicates a price around 500,000 euros.

  • Porsche plans a mid-engine platform for further derivatives and potentially models from other group brands.

  • The design features Porsche 959 and Carrera GT elements, while the interior references the 550 Spyder and 356.

  • Porsche has not disclosed the powertrain; a plug-in hybrid is also envisaged, while a pure electric version is initially ruled out.
Porsche just revealed the Mission S concept. The new model previews a new mid-engine supercar that will be positioned above the 911 in Porsche’s lineup ... Show more
Porsche’s Gas-Powered Macan Is Making a Comeback: Porsche's new CEO revealed the the gas-powered Macan will return to the automakers lineup ...
robbreport.com/motors/cars/porsches-ceo-gas-powered-macan-comeback-1238726442/
Porsche’s Gas-Powered Macan Is Making a Comeback
Key FactsPorsche Announces Gas-Powered Macan’s Return
Oct 5, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: robbreport.com
  • CEO Mark Leiters announced the return during his first international media interview since taking office in January.

  • The new gas-powered Macan is expected in 2028 and will be sold alongside the electric version.

  • During the first half of 2026, electric Macan sales fell 40 percent year-over-year, while gas-model sales rose 2 percent, the Financial Times reported.

  • Leiters said Porsche is not abandoning electric vehicles; the fourth-generation electric 718 remains in development.
  • We have to recover our petrol strategy, but I’m very positive that once we have the Macan with the petrol engine, we have a very balanced offer for our customers on electric and petrol cars.
    — Mark Leiters, in his first interview with international media since taking over Porsche, told the Financial Times
Some Automakers Are Writing Off Racing in America. Porsche Isn’t So Foolish: It's easy to discount sports-car racing in North America when you don't ...
thedrive.com/news/some-automakers-are-writing-off-racing-in-america-porsche-isnt-so-foolish
Some Automakers Are Writing Off Racing in America. Porsche Isn’t So ...
Porsche stock: Important days ahead - | Buy stock now?: Porsche faces important dates: Pre-close call for Q3 and premiere of the Mission S Concept ...
deraktionaer.de/artikel/aktien/porsche-wichtige-tage-voraus-20414616.html
Porsche stock: Important days ahead - | Buy stock now?
Porsche AG: New models, new (share price) fantasy": Porsche presents the new "Mission S" supercar, positioned above the 911. CEO Leiters plans fewer ...
deraktionaer.de/artikel/aktien/porsche-ag-neue-modelle-neue-kurs-fantasie-20418197.html
Porsche AG: New models, new (share price) fantasy
Key FactsPorsche Family Fears Billions Amid Corporate Crisis
Oct 16, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: manager-magazin.de
  • In 2022, the Porsches controlled Volkswagen, while sports-car maker Porsche returned to the stock market.

  • According to the report, the owners contribute more to the crisis than they support restructuring at Volkswagen and Porsche AG.

  • Wolfgang Porsche (83) and Hans Michel Piëch (84) head the families, while their professionalism is criticized.

  • Porsche SE is seeking external supervisory board members who could represent a new family line; the search remains unfinished.
Porsche AG: New luxury cars, higher prices - | how the comeback is to succeed: Porsche plans to increase its share of the luxury segment and introduce new models ...
deraktionaer.de/artikel/aktien/porsche-ag-neue-luxusautos-hoehere-preise-so-soll-das-comeback-gelingen-20419238.html
Porsche AG: New luxury cars, higher prices - | how the comeback is to ...
Volkswagen CEO Blume: Work more!: VW CEO Blume demands longer working hours for German employees and terminates collective agreements ...
deraktionaer.de/artikel/aktien/volkswagen-chef-blume-mehr-arbeiten-20410139.html
Volkswagen CEO Blume: Work more!
Key FactsBlume puts longer Volkswagen working hours on the table
Oct 1, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: deraktionaer.de
  • Blume says labor costs in Germany are about twice as high as at other European Volkswagen sites.

  • Options include fewer vacation days or longer working weeks without pay increases; Volkswagen has not specified a duration.

  • According to the company, terminating ten collective agreements, including the central framework agreement, creates room for necessary adjustments.

  • IG Metall announced opposition; at a protest attended by around 175,000 people, it defended the 35-hour week.
September results: Porsche sales plummet by 16 percent: The sports car manufacturer shows no signs of slowing its sales slump; by the end of September ...
manager-magazin.de/unternehmen/mobilitaet/porsche-absatz-bricht-bis-september-weltweit-um-16-prozent-ein-a-5da1d1ea-8773-41db-89eb-23a3becc5134
September results: Porsche sales plummet by 16 percent
Key FactsPorsche worldwide sales fall 16 percent through September
Oct 9, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: manager-magazin.de
  • In the first nine months, Porsche sold 178,532 vehicles worldwide, 16 percent fewer than during the same period last year.

  • In China, sales fell by one-third through September to approximately 21,500 vehicles.

  • North American sales fell 13 percent to just over 56,000, while European deliveries dropped 11 percent to 44,949.

  • The Cayenne remained the best-selling model with 59,586 vehicles, while the 911 rose 12 percent to 42,217.
  • The market environment in China remains consistently challenging.
    — Explained by Porsche in a company statement.
Can the German automotive industry breathe a sigh of relief?: Millions fewer hybrid vehicles from China - | Industry association VDA welcomes agreement with EU.
stuttgarter-nachrichten.de/wirtschaft/kann-die-deutsche-autoindustrie-aufatmen-hybridautos-china-79555043.html
Can the German automotive industry breathe a sigh of relief?
VW CEO Blume calls for ‘shared responsibility’ in auto overhaul: Battered by an EV price war and falling sales at home, Chinese carmakers are aggressively ...
timeslive.co.za/motoring/2026-10-12-vw-ceo-blume-calls-for-shared-responsibility-in-auto-overhaul/
VW CEO Blume calls for ‘shared responsibility’ in auto overhaul
BÖRSE ONLINE : Jaguar is embarking on the most radical relaunch in its history. On October 6th, the British brand unveiled the Type 01 in New York – its first ... Show more
Porsche in Crisis: Michael Leiter's Risky Combustion Engine Course: Porsche's crisis shows: Sports car fans have no interest in electric cars ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-in-der-krise-michael-leiters-riskanter-verbrenner-kurs-accg-201268752.html
Porsche in Crisis: Michael Leiter's Risky Combustion Engine Course
Key FactsAudi seeks savings talks; Neckarsulm plant could close
Oct 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: spiegel.de
  • Audi chief Gernot Döllner called on the social partners to hold mandatory talks on job cuts and working conditions at Neckarsulm.

  • Döllner says economic conditions have deteriorated significantly, while the works council is reviewing whether the clause applies.

  • The Volkswagen Group’s restructuring plan announced in September gives Neckarsulm one year to submit a cost-cutting concept; otherwise closure threatens.

  • Economic experts estimate that around 50,000 regional jobs could be lost if the plant closes; about 1,000 suppliers depend on its production.
  • Whoever questions our perspective is calling into question a site that helped build Audi AG.
    — Jens Stammler, Audi works council chairman, at Audi's works council meeting in Neckarsulm
Volkswagen CEO says transformation is 'shared responsibility' in appeal to EU: Volkswagen chief Oliver ​Blume expects European policymakers to create the ...
reuters.com/business/autos-transportation/volkswagen-ceo-says-transformation-is-shared-responsibility-appeal-eu-2026-10-11/
Volkswagen CEO says transformation is 'shared responsibility' in appeal to ...
Porsche shares rose sharply on Wednesday. The upward momentum stemmed from new strategic plans presented by management. Is the automaker's long-awaited ... Show more
Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force: The German sports car maker once thrived in China and powered profits for its parent company ...
nyti.ms/4drFvb8
Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
Porsche's Most Expensive Cars Are About To Get Even Pricier: Porsche will raise the average price of its most expensive cars by 20 percent to over €330 ...
motor1.com/news/811262/porsche-top-models-more-expensive/
Porsche's Most Expensive Cars Are About To Get Even Pricier
Crisis of the year: How the Porsches are preparing for the generational change: Wolfgang Porsche and his family lost billions again on paper in 2026 ...
manager-magazin.de/unternehmen/mobilitaet/reichste-deutsche-2026-wie-die-porsches-den-generationswechsel-vorbereiten-a-11ec7386-84b3-4c9a-9454-3691a2a8ac95
Crisis of the year: How the Porsches are preparing for the generational ...
Opinionmanage:mobility: PPP - | Porsche, Piëch and the big personnel question: Volkswagen's owning family is rethinking its strategy, BMW is grappling with the ...
manager-magazin.de/unternehmen/mobilitaet/porsche-piech-volkswagen-bmw-specialized-der-newsletter-manage-mobility-a-b5b48f26-bec3-4c19-aa05-d2d6f4fb9beb
manage:mobility: PPP - | Porsche, Piëch and the big personnel question
R2.35m Porsche headache: Sandton clinic loses fight with Capitec: Business rescue cannot shield a Sandton clinic's R2.35 million Porsche, the Supreme Court of ...
iol.co.za/business/2026-09-28-r235m-porsche-headache-sandton-clinic-loses-fight-with-capitec/
R2.35m Porsche headache: Sandton clinic loses fight with Capitec
Porsche Might Be Working on a New Flat-Eight-Powered Supercar: Porsche is working on a supercar that may be called the S1, according to German newspaper ...
robbreport.com/motors/cars/porsche-new-supercar-s1-development-1238665693/
Porsche Might Be Working on a New Flat-Eight-Powered Supercar
A Flat-Eight Porsche Hypercar Is Looking Increasingly Likely: TDS: Rumors of a Porsche halo car powered by an engine the company has never used in a production ...
thedrive.com/news/a-flat-eight-porsche-hypercar-is-looking-increasingly-likely-tds
A Flat-Eight Porsche Hypercar Is Looking Increasingly Likely: TDS
Sale: Porsche sells Rimac and Bugatti for one billion euros: The sports car manufacturer is focusing on its core business and has completed the sale of the ...
handelsblatt.com/unternehmen/handel-konsumgueter/verkauf-porsche-erloest-eine-milliarde-euro-mit-rimac-verkauf123-01/100253357.html
Sale: Porsche sells Rimac and Bugatti for one billion euros
Key FactsPorsche Completes Sale of Rimac Stakes
Sep 10, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Porsche completed the sale of its interests in Bugatti Rimac and Rimac Group on Wednesday after regulatory approval.

  • Of the roughly one-billion-euro proceeds, 250 million euros are intended for pension obligations.

  • The company plans to eliminate nearly 9,000 positions by 2035.

  • For 2026, Porsche expects an automotive net-cash-flow margin of 5.5% to 7.5%, instead of 3% to 5%.
Secret plan revealed: VW lets 4 plants die - | Audi and Porsche suffer too: A secret VW document shows: Four German plants are closing, tens of thousands of jobs ...
fr.de/wirtschaft/vw-geheimpapier-massiver-sparplan-trifft-auch-porsche-und-audi-zr-94473562.html
Secret plan revealed: VW lets 4 plants die - | Audi and Porsche suffer too
Key FactsLeaked VW Paper Reportedly Outlines Four Plant Closures
Sep 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
  • The leaked paper reportedly schedules production to end at Emden, Hannover, Zwickau and Neckarsulm between 2031 and 2034.

  • VW expects group-wide sales of only 8.5 million vehicles in 2026, citing weaker Chinese business and US tariffs.

  • By 2030, around 50,000 jobs in Germany are reportedly expected to disappear at Volkswagen, Audi, Porsche and Cariad.

  • If the savings package is rejected again, Oliver Blume reportedly plans an extraordinary shareholder meeting, Handelsblatt says.
  • The signs point to conflict.
    — Thorsten Gröger, IG Metall district chief, in an interview with Neue Osnabrücker Zeitung
Key FactsStrenger sues Porsche SE over Meschke’s contract
Sep 9, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Lutz Meschke no longer works for Porsche SE, although the report says his contract continues through 2030.

  • Despite his departure, the contract includes bonuses; his exit is described as involving millions.

  • Christian Strenger filed a corporate-law action for annulment and nullity against Porsche SE.

  • Handelsblatt has the lawsuit; Strenger is identified as a shareholder representative and corporate-governance expert.
  • In this dimension, it's an unsightly novelty.
    — Christian Strenger, governance expert; caption under a photo of Porsche SE's headquarters in Zuffenhausen
VW saves itself with radical measures: Up to 60,000 jobs and four plants on the brink
fr.de/wirtschaft/vw-rettet-sich-mit-radikalkur-bis-zu-60-000-jobs-und-vier-werke-auf-der-kippe-zr-94474557.html
VW saves itself with radical measures: Up to 60,000 jobs and four plants ...
Key FactsVolkswagen approves savings plan, four plants remain under review
Sep 4, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
  • The supervisory board unanimously approved Zukunftsplan 2030 after an initial attempt failed in July.

  • Depending on the source, 50,000 or up to 60,000 jobs are under consideration; BILD includes management positions.

  • The investment-approval threshold will rise significantly above €50 million, giving Oliver Blume greater room to act.

  • The Emden, Zwickau, Hannover and Neckarsulm plants are expected to cut costs substantially by June 2027; employee representatives say no closure is sealed.
  • Today WE decide the survival of the Volkswagen Group.
    — From the Volkswagen Board (executive board) – stated during a board meeting, emphasizing the survival of the group.
Electric cars overtake combustion engine vehicles in Europe: New registrations rise
sueddeutsche.de/wirtschaft/elektroautos-verbrenner-europa-neuzulassungen-li.3553217
Electric cars overtake combustion engine vehicles in Europe: New ...
Neuer Jobabbau bei Porsche? 4100 Stellen stehen auf der Kippe: Volkswagen kappt die Prognose für das laufende Jahr: 2026 traut sich Europas größter Autobauer nur ...
diepresse.com/41278519/neuer-jobabbau-bei-porsche-4100-stellen-stehen-auf-der-kippe
Neuer Jobabbau bei Porsche? 4100 Stellen stehen auf der Kippe
Key FactsKunming Porsche displays 90 missing-child flyers
Sep 13, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: scmp.com
  • A Porsche 718 from Kunming drew online attention after 90 missing-child flyers covered its body.

  • Du Lin obtained the information from Baby Come Home and designed the vehicle wrap himself.

  • Baby Come Home was founded in 2007; more than 400,000 connected volunteers helped 15,000 families reunite, according to the website.

  • One person shown on the 90 flyers had already reunited with their family, Du Lin said.
  • The more attention the car receives, the better the chances for more people to see the information about missing children, leading to more reunifications.
    — Du Lin, Porsche owner, explaining that increased visibility of missing-child information can lead to more reunifications.
Capitec wins battle to repossess R2m Porsche from Sandton clinic: Judge finds business rescue does not shield company from returning it to rightful owner
timeslive.co.za/news/south-africa/2026-09-24-capitec-wins-battle-to-repossess-r2m-porsche-from-sandton-clinic/
Capitec wins battle to repossess R2m Porsche from Sandton clinic
Volkswagen Group Warns 'We Have No Time To Lose' As Problems Worsen: The VW Group's problems are piling up quickly as its profit outlook plunges ...
motor1.com/news/808889/vw-warns-no-time-lose/
Volkswagen Group Warns 'We Have No Time To Lose' As Problems Worsen
Samuelsson-Nachfolger: Skoda-Chef Klaus Zellmer wechselt an die Volvo-Spitze: Klaus Zellmer zieht es von VW-Tochter Skoda zu Volvo Cars. Der langjährige ...
manager-magazin.de/unternehmen/mobilitaet/klaus-zellmer-skoda-chef-wechselt-an-die-volvo-spitze-und-loest-hakan-samuelsson-ab-a-2d0e96d5-fd89-4e11-b8cb-f145f11b14f1
Samuelsson-Nachfolger: Skoda-Chef Klaus Zellmer wechselt an die ...
Key FactsKlaus Zellmer slated to lead Volvo Cars
Sep 20, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: manager-magazin.de
  • Volvo said Zellmer is expected to replace Hakan Samuelsson as chief executive by 1 October 2027.

  • Samuelsson said last week that he had no plans to work full-time after his contract expires in April.

  • Zellmer spent more than 20 years at Porsche and has led Skoda since July 2022.

  • At a strategy day, Volvo presented plans for 13 new models by 2030 to double its market share.
Blume prepares VW for tough cuts - | but IG Metall chief publicly dismantles his profit target
merkur.de/wirtschaft/blume-schwoert-vw-auf-harte-einschnitte-ein-doch-ig-metall-chefin-zerlegt-renditeziel-zr-94456650.html
Blume prepares VW for tough cuts - | but IG Metall chief publicly ...
Key FactsBrenner calls VW profit target unrealistic as meetings approach
Aug 24, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
  • Nine workforce meetings are scheduled from August 25 to 31 over seven days, starting in Wolfsburg, moving to Emden and Zwickau on August 26, and ending in Hannover on August 31.

  • Oliver Blume puts the current operating return on sales at 3.8 percent and is targeting eight to ten percent by 2030, while IG Metall leader Christiane Brenner reportedly considers that goal unrealistic.

  • Blume said Emden, Hannover, Zwickau and the Audi plant in Neckarsulm currently lack competitive production allocations for the 2030s, but no specific plant closures have been decided.

  • According to Blume, VW must reduce annual overcapacity in Europe by more than 500,000 vehicles, while the model range is supposed to shrink by up to 50 percent and equipment options by up to 75 percent by 2035.
  • Plant closures are not possible with IG Metall anyway.
    — Christiane Brenner, head of IG Metall, said that plant closures are not possible with IG Metall anyway.
Tens of thousands of jobs at stake: VW CEO Blume must face the workforce: Volkswagen faces nine works council meetings. CEO Oliver Blume must explain his ...
fr.de/wirtschaft/vw-vorstand-muss-groessten-umbau-der-konzerngeschichte-erklaeren-zr-94455612.html
Tens of thousands of jobs at stake: VW CEO Blume must face the workforce
Key FactsVW must explain restructuring plans at nine meetings
Aug 24, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
  • The assembly at the Wolfsburg headquarters is scheduled for August 25, with Emden and Zwickau to follow on August 26, while further meetings are planned in Braunschweig, Chemnitz, Dresden, Kassel, Salzgitter and Hanover by August 31.

  • Oliver Blume plans to appear personally in Wolfsburg, Emden and Zwickau, while Arno Antlitz is designated for Hanover and Thomas Schmall for the other German plants.

  • In mid-July, Blume announced internally that around 50,000 jobs would be cut worldwide, in addition to 50,000 already agreed, while investment for 2027 to 2031 is to fall from 180 billion euros to 135 billion euros.

  • The plans envisage closing the plants in Zwickau and Emden in 2031 and Hanover in 2032, while Audi’s Neckarsulm site is to remain operational until 2034; IG Metall rejects plant closures, and implementation remains open.
  • The global automotive industry is in a mega-crisis. And the Volkswagen Group is right in the middle of it.
    — Oliver Blume, in an interview published in the company's intranet
50.000 VW-Jobs gefährdet: Blume fordert Vertrauen und liefert kaum Details: VW-Chef Blume droht Stellenabbau bis 50.000 Jobs, die Belegschaft verlangt Antworten ...
fr.de/wirtschaft/50-000-vw-jobs-gefaehrdet-blume-fordert-vertrauen-und-liefert-kaum-details-zr-94458391.html
50.000 VW-Jobs gefährdet: Blume fordert Vertrauen und liefert kaum Details
Key FactsVolkswagen Calculates Up to 50,000 Jobs Could Be at Risk
Aug 25, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: fr.de
  • According to Oliver Blume, the figure of up to 50,000 jobs at risk worldwide is not a fixed savings target but derives from overhead costs that n-tv reports are 30% above competitors’ levels, with about half attributed to personnel costs.

  • The board currently cannot demonstrate competitive utilization for the 2030s at Emden, Hannover, Zwickau and Neckarsulm, while European group plants are to reduce capacity by 500,000 vehicles per year.

  • Blume describes the 3.8% operating return on sales as solid but insufficient for sustained investment in new technologies, products and sites.

  • The works council criticized the group’s external communication as disastrous, while IG Metall described the profitability targets as unrealistic.
It's Over: Bugatti Is No Longer Part Of The Volkswagen Group: Porsche has sold its stakes in Bugatti Rimac and Rimac Group, ending Volkswagen Group’s nearly ...
motor1.com/news/807757/bugatti-no-longer-part-vw-group/
It's Over: Bugatti Is No Longer Part Of The Volkswagen Group
Car manufacturer: Porsche sells IT consultancy MHP to Tata Consultancy Services: Porsche searched for a partner for a long time – | now the sports car ...
handelsblatt.com/unternehmen/industrie/autobauer-porsche-verkauft-it-beratung-mhp-an-tata-consultancy-services/100249320.html
Car manufacturer: Porsche sells IT consultancy MHP to Tata Consultancy ...
Key FactsPorsche plans to sell MHP to Tata Consultancy Services
Aug 25, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Tata Consultancy Services (TCS), a Tata Group subsidiary, is set to acquire MHP in full; completion is expected in the coming months but remains subject to approval.

  • The companies disclosed no purchase price; according to a Tata regulatory filing, MHP’s enterprise value is €320 million, plus firmly agreed orders worth nearly €1 billion.

  • Porsche had only fully acquired MHP in 2024.

  • Handelsblatt first reported Porsche’s plans to divest MHP in June 2025, when a partial sale was also considered an option.
699 km/h drone with Porsche technology: The story behind the record flight: A German drone reached 699 kilometers per hour in a test. Porsche supplied the ...
fr.de/wirtschaft/fast-700-km-porsche-bringt-drohne-auf-neue-hoechstgeschwindigkeiten-zr-94451400.html
699 km/h drone with Porsche technology: The story behind the record flight
Key FactsQuantum Systems reports 699 km/h with Porsche battery technology
Aug 20, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
  • According to Quantum Systems, the Apex Recordhunter reached 699 kilometers per hour in a straight, level internal test and would therefore be the fastest battery-powered aircraft in its category.

  • V4Smart, a battery-technology company within the Porsche Group, took part in the test, while Porsche SE has been an investor in Quantum Systems since September 2024.

  • Quantum Systems says it is using the drone as a technology demonstrator, with findings intended for short-term integration into new interceptor drones for military and civilian applications.

  • Official certification by the Fédération Aéronautique Internationale is still pending, and a planned certification attempt is intended to determine recognition after Benjamin Biggs reportedly reached about 729 kilometers per hour in an unofficial result.
  • In recent years we have identified highly attractive investment opportunities with great success. Our unique network has evolved into a central strategic asset.
    — Hans Dieter Pötsch, Chairman of Porsche SE, explaining the holding's engagement in growth sectors
Bombshell at VW: Board of Directors wants shareholders to decide if necessary: Compromise failed: VW CEO Blume wants to push through the savings package via an ...
fr.de/wirtschaft/naechste-eskalation-bei-vw-blume-will-zur-not-hauptversammlung-zr-94472518.html
Bombshell at VW: Board of Directors wants shareholders to decide if ...
Key FactsBlume may put VW savings plan to shareholders
Sep 3, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: fr.de
  • According to Handelsblatt, no compromise between management and Lower Saxony appears possible after failed preliminary negotiations.

  • If the supervisory board rejects the savings plan again Friday, an extraordinary shareholder meeting could take place from mid-October.

  • According to WirtschaftsWoche, management has decided production will end in Emden and Zwickau in 2031, Hannover in 2032, and Neckarsulm in 2034.

  • Under the plans, Volkswagen AG is expected to lose 35,000 of roughly 50,000 jobs slated for elimination in Germany.
“In my opinion, this is a disgrace”: MHP founder rages about Porsche deal and sale price
merkur.de/wirtschaft/deal-das-ist-eine-schande-mhp-gruender-wuetet-ueber-porsche-94464434.html
“In my opinion, this is a disgrace”: MHP founder rages about Porsche deal ...
Key FactsMHP Co-Founder Criticizes Agreed Sale to Tata
Aug 29, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
  • Porsche signed the agreement on August 24 to sell MHP to Tata Consultancy Services (TCS), headquartered in Mumbai.

  • MHP employs about 4,800 people worldwide and generated approximately €743 million in revenue in 2025.

  • According to a notice to the Mumbai stock exchange, MHP was valued at €320 million.

  • Mieschke notes that Porsche bought Hofmann’s remaining 18.2 percent in 2024 under terms implying a company value of about €1.5 billion.
  • If I were dead, I would turn in my grave today.
    — Lutz Mieschke, co-founder of MHP, in a LinkedIn post criticizing the sale of MHP to the Tata Group
Porsche AG: Sale brings in a billion and new forecast: Porsche sells its stakes in Bugatti and Rimac, raises its forecast - | and faces an important deadline.
deraktionaer.de/artikel/mobilitaet-oel-energie/porsche-ag-verkauf-bringt-milliarde-und-neue-prognose-20408576.html
Porsche AG: Sale brings in a billion and new forecast
VW employees to work longer hours - | Dudenhöffer wants to "reward" their sacrifice later
merkur.de/wirtschaft/lohnausgleich-vor-vw-dudenhoeffer-schlaegt-40-stunden-woche-ohne-zr-94457558.html
VW employees to work longer hours - | Dudenhöffer wants to
Key FactsDudenhöffer proposes VW 40-hour week without pay adjustment
Aug 25, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
  • Dudenhöffer presents a 40-hour week as a temporary measure instead of the 35 hours generally set by VW’s company tariff agreement and cites Toyota’s margin as a possible benchmark.

  • Nine extraordinary works council meetings at German sites are planned for the coming days, with the first scheduled to take place in Wolfsburg on Tuesday.

  • Volkswagen reported first-half 2026 revenue of 158.1 billion euros, an operating result down 11.6 percent to 5.9 billion euros and an operating margin of 3.8 percent; it expects 4.0 to 5.5 percent for the full year.

  • According to Reuters information, the figure of 50,000 jobs in Germany is an indication of the possible scale of the cuts, not an approved reduction target.
  • The concession today could be repaid tomorrow with interest.
    — Ferdinand Dudenhöffer, Director of the Center Automotive Research (CAR), describing his proposal for a temporary longer workweek without pay that could be compensated later through profits.
When Manfred drives through the city in "Ferdinand," he sometimes receives police protection.
schwaebische.de/regional/oberschwaben/vogt/wenn-manfred-mit-ferdinand-durch-die-stadt-faehrt-bekommt-er-auch-mal-polizeischutz-4812255
When Manfred drives through the city in
The Iconic 911 Slantnose Returns as the Insane Porsche Flachbau RS: Porsche Sonderwunsch has cooked up a new version of the famous 911 slantnose from the 1980s ...
thedrive.com/news/the-iconic-911-slantnose-returns-as-the-insane-porsche-flachbau-rs
The Iconic 911 Slantnose Returns as the Insane Porsche Flachbau RS
Key FactsPorsche prepares exit from Volkswagen emissions pool
Aug 13, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • According to the report, Porsche is again focusing more heavily on combustion-engine models, marking a strategic reversal that had been foreseeable for some time.

  • To comply with EU requirements for reducing climate-damaging CO2 emissions, the manufacturer is preparing a corresponding step.

  • The planned step would see Porsche leave the joint emissions pool with Volkswagen.

  • China’s electric-car maker Xpeng is reportedly intended to help improve Porsche’s CO2 balance in connection with the EU targets.
Showdown in Wolfsburg: Who can still stop VW boss Oliver Blume?: In Wolfsburg, the toughest power struggle yet under VW boss Oliver Blume is imminent. The board ...
n-tv.de/wirtschaft/Wer-kann-VW-Chef-Oliver-Blume-jetzt-noch-stoppen-id31266910.html
Showdown in Wolfsburg: Who can still stop VW boss Oliver Blume?
“Uncertain and frightened”: VW employees give Blume a damning report card: VW employees sharply criticize the board in an internal survey. Many feel unsettled by ...
fr.de/wirtschaft/vw-belegschaft-stellt-vorstand-vernichtendes-zeugnis-aus-zr-94456750.html
“Uncertain and frightened”: VW employees give Blume a damning report card
Cost-cutting measures at Volkswagen: IG Metall chief accuses VW CEO Blume of serious errors
donaukurier.de/nachrichten/wirtschaft/sparkurs-bei-volkswagen-ig-metall-chefin-wirft-vw-chef-blume-schwere-fehler-vor-21893906
Cost-cutting measures at Volkswagen: IG Metall chief accuses VW CEO Blume ...
"Pillowland": IG Metall chief sharply criticizes VW CEO Blume: IG Metall chief Christiane Benner sharply criticizes VW CEO Oliver Blume. She considers the profit ...
merkur.de/wirtschaft/ig-metall-chefin-attackiert-vw-chef-blume-scharf-zr-94453836.html
Key FactsBenner Criticizes Volkswagen’s Profit Targets, Rejects Plant Closures
Aug 22, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fnp.de
  • Before supervisory board approval, Benner demands more specific, revised management plans covering models and how targets will be achieved.

  • Volkswagen intends to adopt new savings plans in 2026; according to the report, four plants and up to 50,000 additional jobs are at risk.

  • Volkswagen has announced cutting 50,000 jobs in Germany by 2030; more than 37,000 employees have already signed agreements.

  • Olaf Lies calls for clarity and alternative uses for plants where automotive production cannot continue.
  • Plant closures are out of the question for us.
    — Christiane Benner, IG Metall chief and VW supervisory board member, said this in the context of discussions about planned plant closures at Volkswagen.
A turning point in Wolfsburg: VW employees reveal a lot - | and Blume wins: The radical restructuring of Volkswagen can begin. The supervisory board unanimously ...
n-tv.de/wirtschaft/VW-Arbeitnehmer-geben-viel-preis-und-Blume-gewinnt-id31270886.html
A turning point in Wolfsburg: VW employees reveal a lot - | and Blume wins
‘Mega crisis’: Car giant slashes jobs, cars: UPDATED: Volkswagen will cut 100,000 jobs and slash production to help weather a “crisis” brought on by Chinese ...
news.com.au/technology/motoring/motoring-news/volkswagen-braces-for-union-showdown-over-sweeping-job-cuts/news-story/8b37ad1ea1c35e478aed64da6a5f373c
‘Mega crisis’: Car giant slashes jobs, cars
‘Mega crisis’: Car giant slashes jobs, cars: UPDATED: Volkswagen will cut 100,000 jobs and slash production to help weather a “crisis” brought on by Chinese ...
news.com.au/technology/motoring/motoring-news/volkswagen-braces-for-union-showdown-over-sweeping-job-cuts/news-story/8b37ad1ea1c35e478aed64da6a5f373c
‘Mega crisis’: Car giant slashes jobs, cars
Cutting tens of thousands of jobs: Restructuring plan for VW - | Breakthrough or stalling for time?
rundschau-online.de/wirtschaft/umbauplan-fuer-vw-durchbruch-oder-spiel-auf-zeit-1365979
Cutting tens of thousands of jobs: Restructuring plan for VW - | ...
Key FactsVW Approves Restructuring Plan, Key Disputes Remain Open
Sep 4, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: rundschau-online.de
  • On Thursday evening at 8:30 p.m., all 20 supervisory board members approved the comprehensive plan for Volkswagen’s future after weeks of negotiations.

  • The supervisory board approved cutting 50,000 jobs worldwide; about half could affect Germany, while the figure remains a calculation.

  • Emden, Hannover, Zwickau and Neckarsulm remain uncertain; a competitive structural plan for European production is to be developed by the end of June 2027.

  • Details of the job cuts still require negotiations with the works council and unions; compulsory redundancies at Volkswagen are excluded until 2030.
  • The confrontational approach and the board's communication in the past weeks were not productive.
    — In a joint statement by IG Metall chief Christiane Benner and VW works council chair Daniela Cavallo.
€28 billion dividend at VW: Should management have invested the money instead?: The crisis at VW has structural causes; the weak business in China, in particular ...
derstandard.at/story/3000000337105/28-milliarden-euro-dividende-bei-vw-haette-das-management-das-geld-lieber-investieren-sollen
€28 billion dividend at VW: Should management have invested the money ...
Restructuring: These are the most important points in the VW savings package: The big bang in Volkswagen's supervisory board didn't happen ...
spiegel.de/wirtschaft/das-sind-die-wichtigsten-punkte-im-vw-sparpaket-a-d2ba74f1-a7b8-4fae-bf8b-350194a9a000
Restructuring: These are the most important points in the VW savings ...
Key FactsVW Supervisory Board Unanimously Approves Savings Plan
Sep 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
  • The draft resolution sets a 2030 operating margin of 9 percent and operating profit of 30.6 billion euros.

  • By 2035, VW intends to halve its model range and cut product and technical complexity by 75 percent.

  • Staffing adjustments of about 47,200 employees are planned; including overhead reductions, the figure could reach roughly 60,000.

  • For four German plants, secure plans for new competitive products are currently lacking: Emden, Zwickau, Hannover and Neckarsulm.
  • would mean the maximum escalation
    — Gregor Bachmann, expert in stock and capital market law at Humboldt University Berlin, told Spiegel