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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
PORSCHE PIVOTS BACK TO PETROL AS EV DEMAND WEAKENS Porsche is reviving its petrol strategy, with a combustion-engine Macan planned for 2028 after electric Macan sales fell 40% in H1. CEO Michael Leiters says EVs remain part of Porsche’s future, but their higher costs continue to pressure margins. With China deliveries down 32%, Porsche is restructuring operations and plans to eliminate 9,000 jobs by 2035.
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