To revive its China operations, Porsche has also created a technical division in the country and hired former Mercedes-Benz executive Li Nan to lead the new unit.

Battery problems for the 718 series, questions about the K1′s future and changes to the Cayenne and Panamera come as demand in EV-leaning China tumbles.

Top Volkswagen shareholder Porsche expects to write down 7 billion to 20 billion euros ($20.98 billion) on its investment.

The division, led by a former Mercedes executive, is expected to help Porsche further adapt products and services, including software and driverless features, to meet the specific needs of Chinese consumers.

What if a sports car brand could have its own temporary Disneyland with a pinch of Woodstock to go with its motorsports and fashion vibe? Porsche’s Rennsport Reunion in and around Monterey, Calif., dazzled attendees.

Porsche is revising plans to switch most of its lineup to all-electric power and will sell combustion engine models longer than planned.

Customer satisfaction with the retail car-buying experience is on the rise, though electric vehicle owners remain less satisfied than those purchasing combustion engine vehicles, the study found.

Porsche is bringing back the enthusiast-focused 911 Carrera T coupe, and for the first time, a convertible variant.