Controversy around the Porsche boss and his tunnel project in Salzburg

Controversy around the Porsche boss and his tunnel project in Salzburg

Dig a tunnel under a historic hill to avoid tourist traffic jams? This is the ambitious – and controversial – project of Wolfgang Porsche, Chairman of the supervisory board of the eponymous automotive brand. Indeed, at 81, the German magnate wishes to discreetly connect its villa perched on the Kapuzinerberg, in Salzburg (Austria), to an … Read more

Porsche sales plummet due to Chinese competition

Porsche sales plummet due to Chinese competition

This article was originally published in English German carmaker Porsche has seen sales decline as competition in China increases, and demand for some of its flagship electric models has also fallen. ADVERTISING Automotive giants, such as Porschecontinue to see their sales suffer in China, since competition increases considerably and consumers continue to shy away from … Read more