FRANKFURT, Germany (AP) — Automaker Volkswagen saw car sales and operating profit plunge in the first quarter as the coronavirus outbreak closed dealerships and halted production. But the company said it had strong cash reserves and aimed to make a...
A hotel valet had a lucky escape but the luxury sports car he was trying to park did not.Australian media say the valet drove the soft-top Porsche Carrera under another vehicle Thursday outside the Hyatt Regency Hotel in Sydney.Emergency..
104 members of the Porsche Club of America toured through the back roads of the scenic Northstate this weekend and getting a spot on the tour has become a hot commodity.54 Porsches travelled in groups of three as they weaved...
Jerry Seinfeld sued a California dealer in classic cars Monday, saying the company has left the comedian stranded in a dispute over whether a 1958 Porsche he sold is authentic. Seinfeld sought unspecified damages in his lawsuit in Manhattan federal...
Volkswagen's Porsche division says it has agreed with prosecutors to pay a 535 million euro ($598 million) fine for negligent oversight for installing engines that violated emissions norms. Porsche does not make diesel engines but got V6 and V8 powerplants...
German automaker Volkswagen saw its profit slip in the first quarter as the company set aside 1 billion euros ($1. 1 billion) for legal risks related to its 2015 diesel scandal. The company nevertheless showed that it was holding its...