"A lot of customers in the premium and luxury segment are looking in the direction of combustion-engined cars, there's a clear trend." - Lutz Meschke, Porsche board member, on customer preferences shifting back towards combustion vehicles.
"The transition to electric cars is taking longer than we thought five years ago." - Porsche CEO Oliver Blume, discussing the pace of change in customer preferences towards electric vehicles.
Porsche had previously committed to going all-electric at some point in the next decade, but recent statements... bring that plan into question.
Sales of the combustion-powered 718 models were up 10% from January through September of this year, showing a resurgence in customer interest for ICE vehicles.
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