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Good News! Although Porsche-Piech family holding company expects write-downs in its Porsche and VW investments to total 24 billion euros ($24.7 billion), cash flow will not be impacted. :whew: Porsche SE expects impairments to nearly double on Porsche AG stake Porsche Automobil Holding SE...

Porsche confirmed plans for new models with PHEV and internal combustion engines. The company is also expanding their Sonderwunsch and Exclusive Manufaktur programs. Porsche sales fell 3% last year and the company is expecting another decline in 2025. If that wasn’t bad enough, Porsche is...

Porsche leadership changes

Another thread of posts about authorizing the Porsche mobile charger connect to work with the Taycan: reset PORSCHE CONNECT 2 charger

Tip for when you lose the PIN to Porsche EVSE in UK: https://www.taycanforum.com/forum/threads/pmcc-factory-reset-instructions.13530/#post-363817

https://www.motor1.com/news/747505/new-porsche-macan-gas-engines-possible/ An insider says Porsche is worried about the Macan EV's long-term sales, so a new ICE model might become necessary. A new report from Autocar cites a "senior" Porsche insider saying the company is not entirely confident...

Porsche warns of volume decline in 2025 amid supply chain woes and China weakness Porsche’s preliminary guidance for 2025 indicates that sales volumes are likely to decline compared to 2024. This is due to the discontinuation of internal combustion engine versions of the Macan and 718 in...

Volkswagen Is Closing Factories. China's EV Makers Want Them Chinese automakers looking to bypass tariffs and make a powerful statement could go after Germany's idled car factories. Volkswagen is trying to figure out how to best use its idled plants after 2027 Chinese OEMs have their eyes on at...

Porsche walks back EVs - people still want gas cars Porsche customers are reportedly not taking kindly to electrification, and the marque is more than willing to accommodate. Porsche invests in internal combustion amid tanking Taycan sales and standout ICE model sales. . . . Part of Porsche’s...

Luxury home designer charged with DWI after crashing Porsche in Hamptons on Christmas: ‘Sorry, my car just drives really fast’

Porsche Ponders Acquiring A Majority Stake At Bugatti Rimac Porsche, which currently owns a 45 percent stake in Bugatti Rimac, is contemplating a majority takeover for increased control, according to the German financial portal Manager. Rimac’s founder and director, Mate Rimac, has confirmed...

Frohe Weihnachten und ein gutes neues Jahr!

HANOVER, Dec 20 (Reuters) - Volkswagen (VOWG_p.DE), on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe's top carmaker and unions to avert mass strikes. Union leaders hailed...

BYD is taking the auto market by storm, forcing legacy rivals to make desperate moves

There is no consensus among management over the issue of plant closures, another source said. UBS analyst Patrick Hummel estimated last week that a headcount reduction of at least 30,000 was necessary to deliver on VW's 6.5% operating profit target for 2026. "A 'lukewarm' compromise (i.e...

The regulations will phase out the sale of new internal combustion cars by 2035. https://arstechnica.com/cars/2024/12/epa-lets-california-set-its-own-stricter-emissions-standards-until-2035/

Refrains from posting articles about BYD's 911 killer ($40,000 MSRP).

Porsche-Piech family pushes for VW German plant closures, FT reports FT link (may be paywalled): https://www.ft.com/content/c96180ff-4b23-4044-83e7-e44b8f2064a0 The billionaire Porsche-Piëch family, Volkswagen’s majority owner, has taken a hardline stance in backing the company’s...

Let's convert that Zuffenhausen factory back to building more 911s.... Will the Porsche Taycan be made in Leipzig in the future?

Porsche is apparently considering relocating Taycan production from Zuffenhausen to Leipzig. Other electric models are also likely to be delayed or adapted. These are still only considerations - but they have a serious background. . . . 911 instead of Taycan production? Production of the Taycan...