Porsche axes diesel models in shift toward hybrid, electric vehicles

By Bloomberg Pursuits, September 25 2018
Porsche axes diesel models in shift toward hybrid, electric vehicles

Porsche is phasing out diesel versions of its cars to focus on gasoline, electric and hybrid vehicles.

The company confirmed plans to exit the diesel market in an emailed statement on Sunday, citing declining demand.

For the sportscar manufacturer diesel “has traditionally played a subordinated role,” the statement said. “Porsche doesn’t condemn diesel. It is and remains an important powertrain technology.”

Diesel versions of cars like the brand’s Cayenne and Macan sports utility vehicles accounted for 12 percent of global sales last year, according to the statement.

Porsche said its hybrid cars are becoming increasingly popular, with about 63 percent of buyers of the four-door Panamera coupe in Europe opting for the partly electric version.

The company will introduce the Taycan model next year, the brand’s first fully-electric sportscar based on the Mission E concept vehicle.

Porsche halted sales of diesel cars in February amid a probe by German authorities into rigged engine-control software across parent Volkswagen. The sportscar unit used adopted diesel motors from VW group sister brand Audi that contained potentially illegal functions for pollution controls.

Germany’s motor industry watchdog found a software function in the 8-cylinder Cayenne EU5 model is breaching emission rules, Porsche Chief Executive Officer Oliver Blume told Bild am Sonntag in an interview. This affects 13,500 diesel cars in Europe. Porsche was forced by the regulator in May to recall almost 60,000 Cayenne and Macan diesel cars because of illicit engine functions.

German Chancellor Angela Merkel and Transport Minister Andreas Scheuer plan to meet top officials of the country’s auto industry in Berlin later on Sunday to discuss how to meet air quality standards in cities.

Recent court rulings in Germany stipulating that older diesel cars should be banned from certain areas have caused uncertainty among car buyers.

Bloomberg Pursuits

Bloomberg Pursuits curates the best in cars, food, drinks, travel, watches and more for the modern globally-minded executive, and is republished under licence by Executive Traveller.

sgb
sgb

Emirates Airlines - Skywards

30 Nov 2015

Total posts 730

I can see certain diesels being banned from some cities here in the not too distant future.


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