Porsche Drops Diesel Engines, to Focus on Hybrids and EVs

Dr. Oliver Blume

Dr. Oliver Blume

Porsche on September 23said it would become the first German auto giant to abandon the diesel engine, reacting to parent company Volkswagen's emissions cheating scandal and urban driving bans.

"There won't be any more diesel cars from Porsche in the future", CEO Oliver Blume confirmed in an interview with Germany's Bild am Sonntag published Saturday.

He was quoted as saying the company wants to concentrate on "what we can do particularly well", citing high-performance gasoline models, hybrids and starting next year electric cars.

Porsche also offers diesel versions of the Macan and Panamera in some markets.

Volkswagen's (VOWG_p.DE) Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead.

Porsche downplayed its role in the massive cheating scandal and said Audi supplied its diesel engines, but nonetheless complied with the wide-ranging order.

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"It's important to us that motors can be run in a sporting fashion", he said.

German Chancellor Angela Merkel will hold a meeting on Sunday to discuss whether to require the auto industry to carry out costly hardware upgrades for older diesel vehicles to reduce inner-city pollution, government sources said. "The diesel crisis caused us a lot of problems".

Stuttgart-based Porsche in February stopped taking orders for diesel models, which it had sold for almost a decade.

"We as a sports vehicle manufacturer. for whom diesel has always played a secondary role, have come to the conclusion that we would like our future to be diesel-free", Blume said, admitting the dieselgate crisis caused Porsche "a lot of trouble".

Porsche will be launching next year its first fully electric vehicle, the Taycan, opening a new front for the brand.

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