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Michael Leiters

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German auto industry restructuring and job cuts

171 clusters · 1230 sources · last updated

Latest: Volkswagen faces union pressure over investment pledges and board elections

The German automotive industry is undergoing massive restructuring driven by fierce competition from Chinese electric vehicle manufacturers and a significant slump in Chinese sales. By late July 2026, BMW reported a 35%

[QUIET] [BUSINESS] [DE] [IN] [RO]

Porsche divestment of MHP consultancy

4 clusters · 58 sources · last updated

Latest: TCS to acquire Porsche’s MHP consultancy in AI-focused deal

Porsche has moved toward restructuring its business portfolio by divesting its consulting subsidiary, MHP Management- und IT-Beratung GmbH. Initial reports indicated that Porsche was considering the sale of MHP to privat

[QUIET] [BUSINESS] [DE] [US] [AT]

Porsche Taycan phase-out reports and EV strategy updates

27 clusters · 128 sources · last updated

Latest: Porsche denies rumors of Taycan production end by 2030

In mid-August 2026, reports from WirtschaftsWoche suggested Porsche might phase out its flagship electric Taycan by 2030. This followed a sharp sales decline from 41,000 units in 2023 to approximately 6,000 in the first

[QUIET] [BUSINESS] [DE] [AE] [MY]

Porsche strategic restructuring and EV market shifts

4 clusters · 12 sources · last updated

Latest: Porsche expands electric SUV presence in UAE and Malaysia

Porsche is implementing a long-term strategic overhaul to address declining revenue and sales. CEO Michael Leiters introduced the ‘Sportwagenschmiede 2035’ strategy, which focuses on cost reduction, the elimination of ap

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