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Porsche relies on combustion engines - Consequences for Saxony unclear
Following Porsche's shift back to internal combustion engines, the consequences for the Leipzig plant remain initially unclear. The Saxon plant is in close communication with the headquarters in Stuttgart, a spokeswoman explained upon request. However, specific details cannot yet be provided.
Porsche aims to steer around
The sports car manufacturer had previously announced that due to weak electric car sales, it would increasingly focus on combustion engines and plug-in hybrid drives in the future. In addition, more special and exclusive equipment options are to be offered. To overcome the crisis, the VW subsidiary is planning an extensive package of measures.
CEO Oliver Blume is accepting that profits will temporarily decline in relation to sales, as Porsche surprisingly announced on Thursday evening. According to preliminary figures, the company already came under noticeable pressure last year. Nevertheless, Porsche still wants to pay a stable dividend and keep shareholder payouts constant. Porsche AG intends to present the detailed business report for the previous year and more precise plans for the upcoming year on March 12.
BMW stays on course for electromobility
BMW, on the other hand, continues to consistently focus on electromobility. Due to increasing sales figures of fully electric vehicles, the company sees no need to adapt its production system at the Leipzig plant.
"We are continuing to rely on e-mobility and assume that we will build more electric cars this year than last year," a company spokesperson said.
According to their own statements, BMW delivered 426,594 fully electric vehicles last year – an increase of 13.5 percent. The Mini brand grew particularly strongly with a sales increase of 24.3 percent to 56,181 fully electric vehicles. The BMW brand increased by 11.6 percent to 368,523 units.
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