logo
Porsche To Retire 718 Boxster And Cayman, Production Ends In October

Porsche To Retire 718 Boxster And Cayman, Production Ends In October

NDTV22-05-2025
Porsche has now announced the retirement of its petrol-powered 718 Boxster and Cayman. The 718 duo was facing troubles for the past year, but it is now that we know that the 718 Boxster and the Cayman will be off the production line in October. Previously, Porsche had delisted the 718 Boxster and the Cayman from the Indian website and stopped taking bookings for the duo.
As per Motor1, Frank Wiesmann, Product Communications, Porsche Cars North America, stated that the Porsche 718 Boxster and the Cayman are in the final stages of production, after which it will come to a full stop in October. Porsche 718 Boxster and the Cayman were earlier pushed off the European market due to some cybersecurity concerns, back in 2024. However, the Boxster RS Spyder and Cayman GT4 RS continue in the European market as they were limited edition sports cars, and were exempted from the regulations.
Porsche is not in a hurry to fill the gap after the discontinuation of the 718 duo, as the planning of its electrified iteration is still underway and will be revealed about a year later. The electrified iteration of the Boxter and Cayman is expected to be built on the same production line as the ICE models at Porsche's Zuffenhausen plant.
Also, Porsche has previously said that it will be phasing out the Macan in 2026. Though it may feel like a piece of sad news for the petrol heads, there is still hope, as, according to reports, Porsche's former Chief Financial Officer, Lutz Meschke, mentioned the possibility of the originally planned all-electric vehicles getting a hybrid drive or a combustion engine.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump envoy Witkoff meets Putin ahead of Russia-Ukraine peace deadline
Trump envoy Witkoff meets Putin ahead of Russia-Ukraine peace deadline

Economic Times

time26 minutes ago

  • Economic Times

Trump envoy Witkoff meets Putin ahead of Russia-Ukraine peace deadline

Russian President Vladimir Putin met with U.S. envoy Steve Witkoff in Moscow ahead of a deadline set by President Trump for a Ukraine peace deal, or Russia will face fresh U.S. sanctions. The three-hour meeting was described as 'constructive.' Despite diplomatic overtures, Trump warned of tariffs on nations importing Russian oil. Ukraine insists Russia must end the war. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Russian President Vladimir Putin held talks with US President Donald Trump 's special envoy Steve Witkoff in Moscow on Wednesday, days before the White House's deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties that could also hit countries buying its meeting between Putin and Witkoff lasted about three hours, the Kremlin foreign affairs adviser Yuri Ushakov said that Putin and Witkoff had a "useful and constructive conversation" that focused on the Ukrainian crisis and, in a nod toward improving relations between Washington and Moscow, "prospects for possible development of strategic cooperation between the US and Russia."Trump said in a post on his Truth Social media network that Witkoff "had a highly productive meeting" with Putin in which "great progress was made."Trump said he updated America's allies in Europe about the meeting and that they will work toward an end to the Russia-Ukraine war "in the days and weeks to come."Earlier on Wednesday, a White House official said the US was still expected to impose secondary sanctions against Russia on Friday after a 10-day deadline Trump imposed is set to expire. The White House has not yet released details about the sanctions. The official was not authorised to speak publicly and spoke on condition of has threatened "severe tariffs" and other economic penalties if the killing doesn't has expressed increasing frustration with Putin over Russia's escalating strikes on civilian areas of Ukraine, intended to erode morale and public appetite for the war. The intensified attacks have occurred even as Trump has urged the Russian leader in recent months to President Volodymyr Zelenskyy said Wednesday evening that he and Trump spoke on the phone after Witkoff met with Putin in Moscow. He said "European leaders also participated in the conversation," and "we discussed what was said in Moscow.""Our common position with our partners is absolutely clear: The war must end," Zelenskyy said. "We all need lasting and reliable peace. Russia must end the war that it started." He didn't offer any details of the from Tuesday to Wednesday, Russian forces hit a recreational center in Ukraine's southern Zaporizhzhia region, killing two people and injuring 12, including two children, regional Gov. Ivan Fedorov said forces launched at least four strikes on the area and initially attacked with powerful glide bombs."There is zero military sense in this strike. Only cruelty to intimidate," Zelenskyy said in a post on also struck the Ukrainian power grid and facilities for heating and cooking gas, Zelenskyy said, as Ukraine makes preparations for analysts and Ukrainian officials say Putin is stalling for time and avoiding serious negotiations while Russian forces push to capture more Ukraine land.A Russian offensive that started in the spring and is expected to continue through the fall is advancing faster than last year's push but is making only slow and costly gains and has been unable to take any major situation on the front line is critical for Ukrainian forces but defences are not about to collapse, analysts Tuesday, Trump said "we'll see what happens" regarding his threat to slap tariffs on nations that buy Russian oil, which could increase import taxes dramatically on China and India."We have a meeting with Russia tomorrow," Trump said. "We're going to see what happens. We'll make that determination at that time."The president said that he has not publicly committed to a specific tariff up diplomatic and economic pressure on the Kremlin risks stoking international tensions amid worsening Russia-US has given no hint that he might be ready to make concessions. Instead, the Russian leader and senior Kremlin officials have talked up the country's military announced last week that Russia's new hypersonic missile, which he says cannot be intercepted by current NATO air defence systems, has entered announced Tuesday that it no longer regards itself as bound by a self-imposed moratorium on the deployment of nuclear-capable intermediate range missiles, a warning that potentially sets the stage for a new arms Russian President Dmitry Medvedev, meantime, warned that the Ukraine war could bring Russia and the US into armed conflict. Trump responded to that by ordering the repositioning of two US nuclear spokesman Dmitry Peskov on Monday welcomed Witkoff's visit. "We consider (talks with Witkoff) important, substantive and very useful," he initially gave Moscow a 50-day deadline, but later moved up his ultimatum as the Kremlin continued to bomb Ukrainian Trump himself doubted their effectiveness, saying Sunday that Russia has proven to be "pretty good at avoiding sanctions.""They're wily characters," he said of the Kremlin has insisted that international sanctions imposed since its February 2022 invasion of its neighbour have had a limited maintains the sanctions are taking their toll on Moscow's war machine and wants Western allies to ramp them up.

India slams US 25% tariff as "unfair, unjustified and unreasonable"
India slams US 25% tariff as "unfair, unjustified and unreasonable"

Business Standard

time27 minutes ago

  • Business Standard

India slams US 25% tariff as "unfair, unjustified and unreasonable"

India on Wednesday termed the US decision to impose an additional 25 per cent tariff on Indian goods 'extremely unfortunate,' 'unfair, unjustified and unreasonable,' and said it would take all actions necessary to protect its national interests. In a statement, the Ministry of External Affairs (MEA) said the US has in recent days targeted India's oil imports from Russia. Referring to its statement on Monday evening, the MEA reiterated that India's imports are based on market factors and aimed at ensuring the energy security of 1.4 billion people. 'It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest,' the MEA said. After days of not responding publicly to threats from US President Donald Trump, the MEA had on Monday described the targeting of India and the European Union (EU) for importing Russian crude as unjustified and unreasonable. 'Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,' it said. The ministry noted that India began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the conflict, adding that at that time, the US actively encouraged such imports to strengthen global energy market stability. Pointing to what it called double standards by the US and EU, the MEA cited EU trade figures, noting that in 2024 the EU's bilateral trade in goods with Russia was €67.5 billion, with trade in services estimated at €17.2 billion in 2023 — significantly higher than India's total trade with Russia in the same period. European imports of LNG from Russia in 2024 reached a record 16.5 million tonnes, surpassing the previous record of 15.21 million tonnes in 2022. It added that Europe's trade with Russia includes not only energy but also fertilisers, mining products, chemicals, iron and steel, and machinery and transport equipment. The US, it said, continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its electric vehicle industry, fertilisers, and chemicals. The MEA argued that India's imports are intended to ensure predictable and affordable energy costs for Indian consumers and are a necessity driven by the global market situation. 'However, it is revealing that the very nations criticising India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion,' it said.

India must seek carbon safeguards for small firms in FTA talks with EU
India must seek carbon safeguards for small firms in FTA talks with EU

Business Standard

timean hour ago

  • Business Standard

India must seek carbon safeguards for small firms in FTA talks with EU

The EU is India's second-largest export market. India exported $70 billion worth of merchandise to the EU in 2023, out of which CBAM-covered commodities were worth $7.3 billion Rajeev Kher Anshuman Gupta Listen to This Article The Carbon Border Adjustment Mechanism (CBAM) of the European Union (EU) was notified primarily to prevent carbon leakage and provide a level playing field for domestic (European) producers. Initially, the most energy-intensive sectors — such as iron and steel, aluminium, cement, fertilisers, electricity, and hydrogen — have been covered by the scheme. Other sectors will be included over time. The CBAM will become operational from January 2026. The EU is India's second-largest export market. India exported $70 billion worth of merchandise to the EU in 2023, out of which CBAM-covered commodities were worth $7.3 billion, amounting to 10.5 per cent

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store