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Automakers

Porsche buys itself out of deal to build electric flagship at VW van plant

Porsche Macan Leipzig
Porsche will build its electric flagship at its Leipzig plant. Shown is the Macan, which is built at the factory.
NE
By:
Nathan Eddy
January 10, 2022 01:51 PM

BERLIN -- Porsche will pay compensation to Volkswagen Group's light commercial vans business after the sports-car brand backed out of a production agreement.

Featured Stories

Chrysler
100 years in, Chrysler still striving to innovate

Stellantis design chief Ralph Gilles said the diminished brand is “ripe for a new chapter.”

VB
By:
Vince Bond Jr.
100 years in, Chrysler still striving to innovate
Executives
Trump says relationship over with Elon Musk, warns of ‘serious consequences’ if he funds Democrats
RN
By:
Reuters News
Trump says relationship over with Elon Musk, warns of ‘serious consequences’ if he funds Democrats
Sales
Automakers blame price increases on anything but tariffs
CS
By:
Carly Schaffner
Automakers blame price increases on anything but tariffs
GM
GM promotes Mike Trevorrow to head of global manufacturing
LV
By:
Lindsay VanHulle
GM promotes Mike Trevorrow to head of global manufacturing

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