Porsche loses its mind, now CEO seeks fresh cost cut (no P&R)

We have a 718, a Roma, an MC20, an AMG GT-S, a Nissan GT-R, an AMG C43 and a Genesis GV70 EV. The new EV does 90 % of the mileage, year round, AWD, winter and summer. In 1.8 years we have never charged it anywhere but in our garage. It has almost 500 HP, weighs 5050 lbs, and does 0-60 in 3.8 seconds, is super comfortable, and faster in almost all daily driving than our ICE 718, because 99.9% of the time we are not on track. The 718 is my wife's car, and since we bought the EV, she virtually never drives her Porsche, which previously she was quite in love with it. Everything is better with the EV, and as said above, there is nothing like never ever going to a gas station.

It just went in for it's 24,000 km service. They changed the cabin filter, and nothing else. Warranty is 5 years bumper to bumper and maintenance is free for 5 years.

Have a Porsche, 718 is not our first, perhaps you enjoy paying Porsche's maintenance and service bills.

I took my MC20 for an outing today, stuck in traffic on the highway in both directions for almost an hour each way, barely moving, what fun is that? In the Genesis EV you just set adaptive cruise, lane keeping and enjoy some tunes and simply relax. Not every drive is on a curvy country road.

Try an EV, you might like it.

 

If you daily drive is multiple lanes of heavy traffic, a modern self-driving EV is pretty hard to beat.

And in my opinion, if you are not enjoying a car and it is becoming a burden, that is when it is time to let it go.

 

Just came back from a short trip to a cabin I share with my Brother at a lake in Southern Oregon. His son had come in from Colorado and rented a KIA EV at the Medford airport. He had made the 80 mile trip back to the airport prior to my arriving, taking a daughter down for her flight. He had his EV plugged into an outdoor outlet for two days, trying recharge the battery to full. When I left this morning, the battery still did not display a full charge. I had driven down in my diesel Range Rover and pointed out to my nephew I had gotten 550 miles on a tank. Driving back today I set the cruise control at 80 and the adaptive cruise control was very relaxing. Rarely was I going 80 but it does keep up with traffic at that setting with a 3 car spacing keeping me off of the bumper of the car in front. To bad Oregon does not have an 80 mile speed limit! But, as noted above, the EV works well in the city.

 

Oregon doesn't have an 80mph speed limit, but on the other hand the only highways which get patrolled are I-5, 84, and 26 (west of Prineville), so there is that.

 

You have a Range Rover Diesel?!?!?

That is fantastic!

 

I assure you I will take public transportation before I would ever drive a EV. If everything is better with the EV, why keep the Porsche and the Ferrari?

Joe

 

Many here seem to overlook that European OEMs have little choice in this: major markets may prohibit ICE sales or ban them from cities.

So what you see is a defacto mandatory diversification (and not a voluntary move to become more woke). When you hear enthusiastic messages from the CEOs, it is a mix of marketing & an attempt to gain cheap brownie points in Berlin & Brussels ...

 

718 was not selling well as an ice car. It's over 100k for a 6 cyl version and close 200k for rs version. Most customers rather spend extra money to get to 911 at that point.

Ev will not solve problem but threatening to be ev only might help sales of ice. Ev version will be very difficult sell esp in America

 

Ferrari and Lambo aren’t doing much better. As we can see with their Hybrid nonsense.
They are all about to turn the clock backwards.
Ferrari even managed to introduce a new 12 cylinder model as ugly as it could. Resulting in dumping prices in the meantime whereas the predecessor model is one of the hottest trade on the market.

 

EVs are great for people who cant drive or dont enjoy it. The SRS to me is worth the $200K, probably one if the best cars I've ever owned in terms of fun.

 

Yikes! Could this be why?: https://finder.porsche.com/us/en-US/details/porsche-911-carrera-new-WX9PEQ
Whatever happened to base?

 

Base price is 132k

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Still 50% more than 15 years ago.

 

While true that the current published Porsche website list price for a base no options Carrera coupe is $132K, how easy is it to actually order a new one without options, at MSRP and without dealer add-ons? Hopefully it is.
I keep an eye on the inventory at our hometown dealer and 3 or 4 other dealerships within a 50 mile radius and they have had nothing close to base list price for the past 3 or 4 years. Realizing that they are dealer and not customer ordered new inventory, doing a nationwide search on the porsche.com site and the least expensive new base Carrera coupes shows two at $145K +/- a bit.
https://finder.porsche.com/us/en-US/search/911?condition=new&model=911&category=911-carrera-coupe&body-type=coupe&minimum-model-year=2025&position=17601%2C40.06113%2C-76.30046%2C-1&order=closest&page=2

 

But, people buy Porsches for the country roads. At least the 718s and 911s.

EVs make a lot of sense as commuter cars. But they don't stir the soul. And 718s and 911s exist for that purpose!

I'm always surprised to hear that this matters to people. Spending three minutes at a gas station once a week has never registered as an inconvenience.

These features can work just as well (or poorly, depending on your point of view) in an ICE car.

 

My dealer friend told me this summer that they still have waiting lists for 911 coupes. The only 911s that they have free allocations for are cabs.

 

718 ICE is now effectively discontinued. Going full EV for the Cayman and Boxster except for "an official slide deck says “top” versions of the next-gen 718 sports cars (read: GT4 RS and Spyder RS) will still use combustion engines."

Good luck getting a GT4 RS, and thinking you might actually enjoy driving one on the street with its bone jarring suspension and super loud exhaust noise.

 

o think the gt4 rs is just fine. But I use a sportscar for backroads and track. I’m not looking for a gt car to daily drive.

 

Here is the thing the less expensive porche exists, you just can’t buy it. Because of way too restricted production and a crooked dealer system every 911 must be ordered witha bunch of bogus/expensive options and then You have the dealer adm. the solution would be to increase production and make more of the cars people wnat to buy, instead of creating g a speculator market and making them wealthy. A dealer adm does zero for porche other tha erode the brand.

In cayman land you can find more tha a few gt4rs for sale. But these are really 165k cars with pointless options Pushing them to 225k.
Because the dealer are effectively playing the role of speculators you can’t actualy order a car. I’ve been to the porche website and speced a gt4rs it comes to 179k and a gt3rs to 280k. I would never buy a car with ton of bogus optios which to me detract and I would never pay dealer adm.

Imo what price were to do is let customers who wnat to order, be able to order cars at msrp. They’ll sell more of the profitable 911s and caymans and make up the missing profits.

the ice macan they’re developing is going to be nothing more than a quickly warmed over Audi.

as to ice versions of Ev cayman, you know any car enginered to be a ev is going to be large and heavy as it needs mass and structure to carry batteries. So we’ll get a big heavy ice cayman, no thanks.

The company needs to be a real sportscar company at its core again and real customer centric. Right now it’s a brand company to telegraph sucess like a Rolex. Yeah a few of their cars get tracked but the rest is just for show.

the dealers have done their best to rape and worse brand value, they have made out like bandits with options and adms which is far more profitable than selling more cars at msrp.
Also no one like an all digital dash.The parent company has aided and abetted all this .

Fix your business by letting people order at msrp and yeah keep the ice cayman going, no one wants an all singing screen anyway