Latest Porsche News & Updates

See the latest news and media coverage for Porsche. We track all announcements, press releases, and industry mentions in real time, all in one place.

Porsche

German luxury automobile manufacturer

porsche.com

Headquarters: Stuttgart, Germany
Company type: Public company
Number of employees: 15,000+
Industry: Auto & Truck Manufacturers

Last updated Today

Latest news about Porsche

In short: Porsche announced a major restructuring plan to cut 5,000 jobs while securing employment protection for remaining staff until 2035.

Company announcements

July 27 Porsche

Porsche agrees on Future Package with Works Council

The package extends employment protection until 2035 and invests 2.1 billion euros in Zuffenhausen and Weissach, while reducing 5,000 jobs socially responsibly.

July 26 Porsche

Porsche wins Formula E Manufacturers' World Championship

The title was secured with two races to spare, thanks to outstanding efforts from customer and works teams.

July 25 Porsche

Porsche customer teams secure 1-2 finish in Tokyo E-Prix

Dan Ticktum won for Cupra Kiro, Jake Dennis second for Andretti, while factory drivers failed to score.

July 23 Porsche

Porsche appoints Dr Jan Becker CEO of Porsche Lifestyle

He returns after leading the company from 2016 to 2022, replacing interim CEO Volker Strotmeier.

Media coverage

Today WirtschaftsWoche

Porsche deal splits VW: Wolfgang Porsche under pressure

Porsche extends job security until 2035, while VW Group launches historic cost-cutting program. The anger in the supervisory board is great - Wolfgang Porsche is facing criticism.

July 31 Yahoo Finance

Luxury auto giant cuts 5,000 more jobs in major reset

Porsche has long occupied a rare position in the auto industry as a premium sports-car brand capable...

July 29 manager magazin

Porsche: Sports car manufacturer expects billions in savings through job cuts

The majority of the positions will be cut at the main plant in Zuffenhausen and the development center in Weissach, says CEO Michael Leiters. The future of the Leipzig site, on the other hand, is uncertain...

July 29 DER AKTIONÄR

Porsche AG: Strong margin, stock rises

Porsche AG achieved a stable profit of 1.07 billion euros in the first half of 2026, despite challenges in the China business and electric car demand.

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