BRUSSELS] US President Donald Trump backed away from his threat to impose 50 per cent tariffs on imports from the European ...

Europe’s major bourses all retreated on the development, dragging down shares of the major automakers, with Mercedes-Benz ( ...

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.

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