Published: Mon, September 24, 2018
Markets | By Erika Turner

Porsche confirms it will no longer offer diesel engines

Porsche confirms it will no longer offer diesel engines

The move by the German vehicle maker, which offered diesel options only in its family-focused Cayenne, Panamera and Macan models, follows a collapse in demand since 2015 when parent company Volkswagen was caught installing so-called "defeat devices" to dupe emissions tests.

Porsche's chief executive Oliver Blume insists the company is "not demonising diesel", but it's clear public demands are changing. 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, for instance, has not had diesel on offer since February 2018.

But then, diesel has only ever played a smaller role in Porsche's sports vehicle offerings, with only 12% of their worldwide portfolio consisting of diesel-fueled cars. Now, though, Porsche has announced that it will "no longer offer diesel propulsion in future". The company admitted that about 13,500 diesel Cayenne models had an illegal engine charge control that, according to the German magazine, Bild am Sonntag was used to cheat on diesel emissions tests.

"The diesel crisis caused us a lot of trouble".

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Existing diesel auto customers would continue to be served, he said. Nevertheless, Porsche's image has suffered.

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 sports carmaker is also introducing its first all-electric auto next year- the Taycan, the manufacture of which the company says is totally carbon neutral.

"By 2025, every second new Porsche vehicle could have an electric drive - either hybrid or purely electric", the company said.

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