CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.

Backing EV so vigorously is now looking like a mistake. Instead of hedging his bets, BMW-style, the Porsche CEO Oliver Blume ...

FRANKFURT (Reuters) -Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on Wednesday as weakness in China and tariff-related ...

The core of the problem lies in its battery supply chain. Porsche CEO Oliver Blume recently admitted that the company is dealing with issues in getting the necessary cells. The unexpected ...

(Reuters) - Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it expected 2025 to remain challenging, according to a note by ...

Elon Musk, CEO of Tesla, has personally responded to the growing controversy surrounding his role as the company's chief executive. Business Insider reported the development on Tuesday. Dan Ives, an ...

Porsche released a profit warning for fiscal 2025. Following a strategic review, an additional EUR 800 million in expenses, almost 20% of 2023’s total operating costs, will need to be spent to ...

Porsche's CEO Oliver Blume on Wednesday said the company could lean into its partnership with Volkswagen — which has its own U.S. manufacturing base — as it braces for potential tariffs ...

Meanwhile, Intel CEO Pat Gelsinger says he’s working hard to address investor concerns.

The results found that a CEO staying silent on issues garnered the same positive response as when the CEO put out a stance that they agree with.