The staff reduction comes on top of other rounds of layoffs that affect 2,000 people.

Porsche sold 56,887 vehicles in the Chinese market in 2024. That figure represents a 28% decline from the previous year.

Canadian Black Book (CBB) has announced the winners of its 2025 Best Residual Value Awards. The awards recognize vehicles forecast to have the highest value as a percentage of their MSRP (Manufacturer ...