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Top Forococheselectricos News

Volkswagen warns workers of potential stoppages as chip crunch looms — REUTERS / pwu404

Volkswagen · Germany

Volkswagen warns workers of potential stoppages as chip crunch looms

55% Center coverage: 11 sources

Volkswagen told workers on Wednesday it cannot rule out production stoppages due to supply chain issues, in a sign of how a dispute over Dutch chip maker Nexperia is threatening to disrupt Europe's auto sector.See the Story

Volkswagen CEO: Chip Supply Stable Despite China Export Ban on Semiconductors — REUTERS / pwu404

Volkswagen · Germany

Volkswagen CEO: Chip Supply Stable Despite China Export Ban on Semiconductors

67% Right coverage: 3 sources

German Car Manufacturer Porsche Reports 99% Collapse in Operating Profit as Market Pressures Pile Up

German Car Manufacturer Porsche Reports 99% Collapse in Operating Profit as Market Pressures Pile Up

Coverage: 2 sources

Porsche just posted its worst quarterly numbers ever, confirming a massive €1.1 billion ($1.2 billion) operating loss for Q3, after slamming the brakes on parts of its electric vehicle plans and rewriting its strategy across China and the United States. That loss didn't show up as one clean figure, but came from multiple line items, including platform changes, restructuring, and rising tariffs. The numbers were buried in its nine-month results, …See the Story

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