Porsche Just Killed Its Plans For A Gas-Powered 718 After a lot of back-and-forth, Porsche has finally made up its mind about the new 718 sports car. InsideEVs · 8h ago
Porsche Says It's Not Anti-EV. But The Gas Macan Is Coming Back Porsche's CEO outlines a mixed lineup, reviving the gas Macan and confirming no fully electric version of the 911. Motor1 · Oct 2
TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential TCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 million in an all-cash transaction. The acquisition, expected to close in 3–4 months, will deepen TCS’ relationship with Porsche and strengthen its AI transformation… The Economic Times · Aug 25
Is Porsche Planning To Kill The Taycan By 2030? Porsche Taycan production is reportedly slated to end by 2030, while official comments only rule out a short-term discontinuation of the electric sedan. Motor1 · Aug 14
Porsche CEO Confirms The Electric 718 Is Still Coming Porsche CEO Michael Leiters confirms the electric 718 Boxster and Cayman are still coming—possibly toward the end of 2025—as it looks to attract new buyers. InsideEVs · Aug 4
Porsche profit jumps 34% despite China slump and falling sales Porsche maintained its full-year guidance as cost-cutting and stronger 911 sales lifted profit, despite a 32% fall in Chinese deliveries and plans to eliminate thousands of jobs by 2035. Euronews · Jul 29
Porsche's Cost-Cutting To Claim Another 5,000 Jobs: Report It would bring the total to around 9,000 layoffs, with salary reductions also possible. Motor1 · Jul 23
Porsche Layoffs: 3,900 Jobs Cut as Profit Margins Drop to 1% and Investors Lose Patience Porsche is implementing a restructuring plan involving job cuts and strategic shifts to address declining profits, market challenges, and reduced demand, particularly in China. International Business Times UK · Jun 25
Porsche Makes It Clear: 'There Will Never Be A Fully Electric 911' Investments in EVs will continue, but the iconic sports car is keeping its combustion engine forever. Motor1 · Jun 24
Porsche's New Strategy: Sell Fewer Cars, Make More Money Despite a planned production cut, the 718 is still coming back. Motor1 · Jun 22
The Porsche Taycan Wagons Will Continue Outside The US Taycan Sport Turismo and Cross Turismo production continues for other markets. Motor1 · Jun 19
Porsche Reflects On Its First Electric Car: 'Timing Wasn't Ideal' The man in charge in Zuffenhausen believes the Taycan arrived too early for people to really appreciate it. Motor1 · Jun 11
Don't Worry, Porsche's Iconic Sports Car Won't Go Electric The Porsche 911 will continue to use combustion and hybrid power, thankfully. Motor1 · Jun 10
'A Real Porsche:' CEO Says New Gas SUV Won't Be A Rebadged Audi Europeans had to say goodbye to the first-generation Macan in 2024 when Porsche retired the model after it failed to meet new cybersecurity regulations. Globally, the gasoline-fueled crossover is going out of production sometime in the middle of the year, leaving a huge gap in the company’s lineup. That void… Motor1 · Mar 18
Motor1 · Mar 13 Porsche Boss Praises Electric 718: 'Great Car' Plenty of digital ink has been spilled since Porsche announced it would take the electric route for the next-generation 718 Boxster and Cayman. The promise was made almost precisely four years ago, on March 18, 2022. At the time, then-CEO Oliver Blume said the 718 EV would go on sale…
The Guardian - UK · Mar 11 Porsche to cut more jobs after costly reversal of electric car strategy German carmaker has struggled with rising competition in China, a key market for European luxury brands
Motor1 · Mar 11 Porsche Is Considering A New Hypercar (Update) [UPDATE] In a statement to Motor1, a Porsche spokesperson has confirmed the company is considering a new hypercar, adding that a new GT model is also a possibility.
Motor1 · Mar 9 Porsche Might Unify Taycan And Panamera To Cut Costs Porsche’s new boss, Michael Leiters, has a lot on his plate as he arrives at a time when things aren’t going so well in Zuffenhausen. Year-over-year sales fell for the second time, dropping by 10 percent in 2025 after decreasing by three percent in 2024. The company is particularly struggling…
Motor1 · Jan 28 Porsche's New Design Boss Worked On The Gorgeous Bentley Batur The winds of change are blowing at Porsche. Mere months after former McLaren CEO Michael Leiters replaced Oliver Blume at the helm of the Zuffenhausen brand, another leadership change was announced today. From February 1, Tobias Sühlmann will succeed Michael Mauer as Head of Design.
Motor1 · Jan 7 Porsche: 'We Were Wrong' About Axing An Important Gas Model As of January 1, Oliver Blume is no longer Porsche’s CEO. The 57-year-old executive oversaw the Zuffenhausen brand for a decade before stepping aside to make way for former McLaren CEO Michael Leiters. Blume, who remains Volkswagen Group CEO, candidly admitted in an interview with Frankfurter Allgemeine Zeitung that discontinuing…
InsideEVs · Oct 20, 2025 Porsche Finally Has A New CEO. He's Big On Hybrids Porsche’s new head honcho spearheaded the development of the first Cayenne hybrid and helped Ferrari launch its first hybrid supercars.
Motor1 · Oct 17, 2025 Porsche Has a New CEO After months of internal pressure and mounting dissatisfaction from investors, Porsche has announced that it will replace CEO Oliver Blume. The company confirmed today, via an official statement from the Supervisory Board, that negotiations have begun for an early and mutually agreed termination of Blume's mandate as head of Porsche…
Motor1 · Jul 4, 2025 Ferrari to Manual Gearbox Fans: Just Buy Used Ferrari had its reasons for abandoning manual gearboxes after the 2012 California. Only two or three convertibles were ever sold with a stick shift, but the low take rate wasn’t the only factor behind the gated shifter’s demise. Back in 2016, former tech boss Michael Leiters explained there’s no manual…
Motor1 · May 2, 2025 After Just Three Years, McLaren Has Another New CEO McLaren has a new CEO. The company announced Tuesday that Nick Collins will replace former CEO Michael Leiters, effective immediately. Leiters, who previously worked as an executive at Ferrari and Porsche, has held the position since 2022.
Motor1 · Oct 29, 2024 McLaren Has a New Owner (Again) Mumtalaket, the sovereign wealth fund of Bahrain, purchased the McLaren Group earlier this year. That gave the company full ownership of the struggling British supercar maker and its racing subsidiary. But as of today, McLaren's automotive arm already has another owner.