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Porsche Extends Combustion Models Amid EV Demand Slowdown

9/22/2025

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Summary

Story summary

Porsche extends production of combustion-powered 718 Cayman and Boxster due to EV demand slowdown.
Oliver Blume says new combustion generations will join Cayenne and Panamera.
K1 SUV will launch with combustion and hybrid options due to market conditions.
Porsche expects a €1.8 billion profit hit from EV-delays and aims for a balanced portfolio; leadership-change discussions rise within Porsche and VW Group.

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Story summary

Porsche extends production of combustion-powered 718 Cayman and Boxster due to EV demand slowdown.
Oliver Blume says new combustion generations will join Cayenne and Panamera.
K1 SUV will launch with combustion and hybrid options due to market conditions.
Porsche expects a €1.8 billion profit hit from EV-delays and aims for a balanced portfolio; leadership-change discussions rise within Porsche and VW Group.