Burned by scandal, Porsche CEO says it's done building diesel cars

Marco Green
September 24, 2018

"In the future, Porsche will be more Porsche than it was in its past".

Porsche is understood to be developing a fully-electric luxury vehicle, with a multi-billion euro investment.

Blume said the Stuttgart-based sports carmaker wants to focus on what it's good at - gasoline (petrol), hybrid and electric vehicles.

"The diesel crisis has caused us a lot of trouble", he said, months after Germany's Federal Transport Authority ordered the recall of almost 60,000 Porsche SUVs in Europe.

Porsche's existing diesel customers would continue to be served, he said.

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

Furthermore, Porsche never actually developed the diesel engines with the emissions cheating software.

Porsche, which is investing more than 6 billion euros ($7.1 billion) in electric mobility by 2022, said that demand for diesel models was dropping, adding their share of worldwide Porsche cars was 12 percent in 2017. Nevertheless, Porsche's image has suffered. "The diesel crisis has caused us a lot of trouble".

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. It has not had a diesel in its line up since February.

Blume acknowledged that German regulators had found irregularities in the 8-cylinder Cayenne EU5, affecting some 13,500 units.

Porsche will be launching next year its first fully electric vehicle, the Taycan, opening a new front for the brand. "This was about nitrogen oxide, not CO2".

Other reports by Click Lancashire

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