Was the sports car in danger of extinction in the early 1970s? Due to a convergence of circumstances, it certainly briefly seemed so. First, we had the 1973 OPEC fuel crisis – the price of oil rose by 300%!

Porsche stated that the cuts will be made in the coming years in Germany, at the luxury brand’s Stuttgart headquarters and the firm’s nearby research centre.

Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to electric vehicles, the latest blow for Germany's stalling auto sector. Hit by high manufacturing costs at home,

Putting the T-Hybrid powertrain in the Porsche 911 was a ballsy move, but Porsche proved you can have the advantages of EV and ICE power without sacrificing an icon's character.

There are definitely times when speed, and getting there as fast as possible, is all that matters – like on a long-haul economy flight, for example, when your will to live has become as soggy and jaundiced as the breakfast eggs.

Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a programme that has already started was determined to be insufficient, a company spokesperson told Reuters on Thursday.