Porsche
Porsche CEO Hails Electric 718 as ‘Most Thrilling’ Model Yet
October 16, 2025 – During a recent interview with Germany’s auto motor und sport on the 10th (local time), Porsche CEO Oliver Blume shared exciting details about the brand’s future lineup, including a new fuel-powered SUV set to replace the discontinued Macan, potentially under a fresh name. Blume outlined plans to introduce dedicated fuel-powered and…
Porsche’s 2026 Macan Electric: Unleashing Gaming Thrills with Phone-turned-Controllers
August 30, 2025 – Today, automotive media outlet CarScoops dropped a blog post revealing that Porsche has unveiled the 2026 Macan all – electric crossover. This new model comes packed with a slew of cutting – edge tech upgrades, ranging from an in – car gaming platform for group entertainment to an AI – boosted…
Porsche Slashes Profit Outlook Amid Tariff Hikes, China Slump, and EV Transition Delays
July 30, 2025 – On Wednesday, the German luxury carmaker Porsche slashed its full-year profit forecast, attributing the move to rising tariffs stemming from a trade deal between the European Union and the Trump administration in the United States. The company revealed it had already absorbed roughly €400 million in losses due to tariff-related pressures…
Porsche Confirms Support for Apple CarPlay Ultra in Future Models
June 26, 2025 – In an interview with The Financial Times, Porsche’s Chief Designer, Michael Mauer, revealed that the luxury automaker intends to continue offering CarPlay Ultra in its upcoming vehicle models. However, he refrained from providing a specific timeline or additional details regarding the integration. Apple initially announced CarPlay Ultra back in 2022, and…
Porsche SE Clarifies – No Plans for Volkswagen Equity Divestiture
March 17, 2025 – Porsche SE, the holding company of the prestigious automaker, is rumored to be contemplating the sale of a portion of its stake in Volkswagen (VW), according to a report by German newspaper Bild on March 16. The potential move aims to unlock funds for alternative investments. However, Porsche SE issued a…
Porsche Holding Forecasts Staggering €20 Billion Loss for 2024 Fiscal Year
March 9, 2025 – According to Bloomberg, Porsche Automobil Holding SE has forecasted a post-tax loss of approximately 20 billion euros for the 2024 fiscal year, primarily due to the depreciation of its investment assets. This significant loss underscores the severe pressures faced by top European automakers. As the largest shareholder of Volkswagen, Porsche Holding…
Porsche Responds to EV Sales Dip with 1,900 Job Cuts in Germany
February 14, 2025 – Porsche, facing a decline in electric vehicle sales, has announced plans to lay off 1,900 employees in Germany by 2029. The decision comes as the luxury carmaker revises its profit margin expectations downwards to between 10% and 12% for the current year, significantly below its long-term target of 20%. In response…
Porsche Aims to Reverse Sales Decline with Return to Fuel and Hybrids
February 8, 2025 – According to a report published today by carscoops, Porsche’s electrification strategy has hit a roadblock, prompting the luxury carmaker to shift gears and refocus on fuel and hybrid models in response to market shifts and consumer preferences. Porsche has announced plans to introduce additional new models equipped with fuel and plug-in…
Porsche’s Dual Strategy: Fuel and Hybrid Cayenne Models to Persist Post-2030
July 26, 2024 – Porsche has announced a strategic shift in its product lineup, revealing that its flagship SUV, the Cayenne, will continue to offer gasoline and hybrid variants beyond 2030. This decision underscores the company’s commitment to providing customers with a diverse range of powertrain options for the next decade. The German luxury automaker…
Porsche Eyes Minority Stake in VARTA to Bolster V4Drive Investment
July 22, 2024 – According to a report by the Frankfurter Allgemeine Zeitung (FAZ), Porsche is considering acquiring a minority stake in VARTA, aiming to protect its potential investment in the struggling battery manufacturer’s large lithium-ion battery business. It’s worth noting that VARTA announced on the 4th of this month that it was in negotiations…
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