Latest news with #AlbrechtReimold
Scottish Sun
23-05-2025
- Automotive
- Scottish Sun
Porsche discontinues two iconic models and replaces them both with EVs
NEW DIRECTION Porsche discontinues two iconic models and replaces them both with EVs Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) PORSCHE has confirmed it will axe two of its most iconic sports cars—the petrol-powered 718 Boxster and 718 Cayman—by the end of this year, paving the way for fully electric replacements. The announcement marks a significant shift in the brand's strategy as it leans further into electric mobility. Sign up for Scottish Sun newsletter Sign up 4 Whittlebury,Northants,UK -Aug 27th 2023: 2022 blue Porsche 718 Cayman car travelling on an English country road Credit: Getty 4 Production of the mid-engine 718 twins will end in October 2025 at Porsche's facilities in Zuffenhausen and Osnabrück Credit: Alamy 4 Replacing these fan favourites will be fully electric versions of both the Cayman and Boxster Credit: AP:Associated Press The news was first revealed in Germany by Porsche production boss Albrecht Reimold in Automobilwoche and later confirmed by the company to Car and Driver. Production of the mid-engine 718 twins will end in October 2025 at Porsche's facilities in Zuffenhausen and Osnabrück. The move follows the earlier discontinuation of the models in Europe due to new cybersecurity laws. According to Porsche, the decision isn't about poor sales. In fact, 2024 saw a 15 percent increase in deliveries, with 23,670 units sold. However, limited parts availability and the push for electrification have forced Porsche's hand. 'We are now focused on the next chapter,' said a spokesperson. Special editions like the Cayman GT4 RS and Boxster RS Spyder will also bow out, despite previous exemptions from EU regulations. Replacing these fan favourites will be fully electric versions of both the Cayman and Boxster. While details remain scarce, Reimold assured enthusiasts that the electric successors will maintain the fun-to-drive character. 'I've driven it,' he said. 'The driving experience will still be 100 percent 718.' Porsche CEO Oliver Blume added during the brand's recent annual meeting that the new EVs will be 'even more dynamic, even more powerful.' However, fans will have to wait a bit longer for the new generation. The EV 718s won't launch until the 'medium term', with development still ongoing. In the meantime, Porsche is urging customers to snap up the remaining petrol-powered models while they still can. 'This may well be your last chance,' warned Car and Driver, which was among the first to report the change for global markets. The shift has been in motion since the start of 2024, when the 718 was pulled from European markets in response to stricter cybersecurity legislation. The regulations effectively ended sales of the internal-combustion Boxster and Cayman, along with the petrol-powered Macan, across the EU. The U.S. and other regions were granted a temporary reprieve, but that window will now close in October. While the 718's days are numbered, Porsche's broader EV strategy is still in flux. CEO Oliver Blume admitted during this week's shareholder meeting that the company's previous target—having electric cars make up 80 percent of sales by 2030—is now unlikely to be met. Despite this, Porsche says the electric lineup 'will continue to grow as planned,' including a large three-row SUV still in development. Interestingly, Porsche is also keeping its options open when it comes to future powertrains. The company has hinted it may reintroduce combustion engines or hybrids into models originally intended to be electric-only. Last November, then-CFO Lutz Meschke said Porsche was 'looking at the possibility' of combining hybrid or petrol power with upcoming EVs—a sign the brand isn't closing the door on internal combustion just yet. As Porsche moves into this new chapter, the retirement of the 718 range is more than just the end of two cars,it's the end of an era. Since their debut, the Boxster and Cayman have become icons in their own right, offering affordable performance and precise handling. Whether the electric versions can match that legacy remains to be seen. The Sun has approached Porsche for comment.
The Irish Sun
23-05-2025
- Automotive
- The Irish Sun
Porsche discontinues two iconic models and replaces them both with EVs
PORSCHE has confirmed it will axe two of its most iconic sports cars—the petrol-powered 718 Boxster and 718 Cayman—by the end of this year, paving the way for fully electric replacements. The announcement marks a significant shift in the brand's strategy as it leans further into electric mobility. Advertisement 4 Whittlebury,Northants,UK -Aug 27th 2023: 2022 blue Porsche 718 Cayman car travelling on an English country road Credit: Getty 4 Production of the mid-engine 718 twins will end in October 2025 at Porsche's facilities in Zuffenhausen and Osnabrück Credit: Alamy 4 Replacing these fan favourites will be fully electric versions of both the Cayman and Boxster Credit: AP:Associated Press The news was first revealed in Germany by Porsche production boss Albrecht Reimold in Automobilwoche and later confirmed by the company to Car and Driver. Production of the mid-engine 718 twins will end in October 2025 at Porsche's facilities in Zuffenhausen and Osnabrück. The move follows the earlier discontinuation of the models in Europe due to new cybersecurity laws. According to Porsche, the decision isn't about poor sales. In fact, 2024 saw a 15 percent increase in deliveries, with 23,670 units sold. Advertisement Read more on Motors However, limited parts availability and the push for electrification have forced Porsche's hand. 'We are now focused on the next chapter,' said a spokesperson. Special editions like the Cayman GT4 RS and Boxster RS Spyder will also bow out, despite previous exemptions from EU regulations. Replacing these fan favourites will be fully electric versions of both the Cayman and Boxster. Advertisement Most read in Motors Exclusive While details remain scarce, Reimold assured enthusiasts that the electric successors will maintain the fun-to-drive character. 'I've driven it,' he said. 'The driving experience will still be 100 percent 718.' Porsche CEO Oliver Blume added during the brand's recent annual meeting that the new EVs will be 'even more dynamic, even more powerful.' However, fans will have to wait a bit longer for the new generation. Advertisement The EV 718s won't launch until the 'medium term', with development still ongoing. In the meantime, Porsche is urging customers to snap up the remaining petrol-powered models while they still can. 'This may well be your last chance,' warned Car and Driver, which was among the first to report the change for global markets. The shift has been in motion since the start of 2024, when the 718 was pulled from European markets in response to stricter cybersecurity legislation. Advertisement The regulations effectively ended sales of the internal-combustion Boxster and Cayman, along with the petrol-powered Macan, across the EU. The U.S. and other regions were granted a temporary reprieve, but that window will now close in October. While the 718's days are numbered, Porsche's broader EV strategy is still in flux. CEO Oliver Blume admitted during this week's shareholder meeting that the company's previous target—having electric cars make up 80 percent of sales by 2030—is now unlikely to be met. Advertisement Despite this, Porsche says the electric lineup 'will continue to grow as planned,' including a large three-row SUV still in development. Interestingly, Porsche is also keeping its options open when it comes to future powertrains. The company has hinted it may reintroduce combustion engines or Last November, then-CFO Lutz Meschke said Porsche was 'looking at the possibility' of combining hybrid or petrol power with upcoming EVs—a sign the brand isn't closing the door on internal combustion just yet. Advertisement As Porsche moves into this new chapter, the retirement of the 718 range is more than just the end of two cars,it's the end of an era. Since their debut, the Boxster and Cayman have become icons in their own right, offering affordable performance and precise handling. Whether the electric versions can match that legacy remains to be seen. The Sun has approached Porsche for comment. Advertisement 4 Fans will have to wait a bit longer for the new generation Credit: Alamy
The Sun
23-05-2025
- Automotive
- The Sun
Porsche discontinues two iconic models and replaces them both with EVs
PORSCHE has confirmed it will axe two of its most iconic sports cars—the petrol-powered 718 Boxster and 718 Cayman—by the end of this year, paving the way for fully electric replacements. The announcement marks a significant shift in the brand's strategy as it leans further into electric mobility. 4 4 The news was first revealed in Germany by Porsche production boss Albrecht Reimold in Automobilwoche and later confirmed by the company to Car and Driver. Production of the mid-engine 718 twins will end in October 2025 at Porsche's facilities in Zuffenhausen and Osnabrück. The move follows the earlier discontinuation of the models in Europe due to new cybersecurity laws. According to Porsche, the decision isn't about poor sales. In fact, 2024 saw a 15 percent increase in deliveries, with 23,670 units sold. However, limited parts availability and the push for electrification have forced Porsche's hand. 'We are now focused on the next chapter,' said a spokesperson. Special editions like the Cayman GT4 RS and Boxster RS Spyder will also bow out, despite previous exemptions from EU regulations. Replacing these fan favourites will be fully electric versions of both the Cayman and Boxster. While details remain scarce, Reimold assured enthusiasts that the electric successors will maintain the fun-to-drive character. 'I've driven it,' he said. 'The driving experience will still be 100 percent 718.' Porsche CEO Oliver Blume added during the brand's recent annual meeting that the new EVs will be 'even more dynamic, even more powerful.' However, fans will have to wait a bit longer for the new generation. The EV 718s won't launch until the 'medium term', with development still ongoing. In the meantime, Porsche is urging customers to snap up the remaining petrol-powered models while they still can. 'This may well be your last chance,' warned Car and Driver, which was among the first to report the change for global markets. The shift has been in motion since the start of 2024, when the 718 was pulled from European markets in response to stricter cybersecurity legislation. The regulations effectively ended sales of the internal-combustion Boxster and Cayman, along with the petrol-powered Macan, across the EU. The U.S. and other regions were granted a temporary reprieve, but that window will now close in October. While the 718's days are numbered, Porsche's broader EV strategy is still in flux. CEO Oliver Blume admitted during this week's shareholder meeting that the company's previous target—having electric cars make up 80 percent of sales by 2030—is now unlikely to be met. Despite this, Porsche says the electric lineup 'will continue to grow as planned,' including a large three-row SUV still in development. Interestingly, Porsche is also keeping its options open when it comes to future powertrains. The company has hinted it may reintroduce combustion engines or hybrids into models originally intended to be electric-only. Last November, then-CFO Lutz Meschke said Porsche was 'looking at the possibility' of combining hybrid or petrol power with upcoming EVs—a sign the brand isn't closing the door on internal combustion just yet. As Porsche moves into this new chapter, the retirement of the 718 range is more than just the end of two cars,it's the end of an era. Since their debut, the Boxster and Cayman have become icons in their own right, offering affordable performance and precise handling. Whether the electric versions can match that legacy remains to be seen. The Sun has approached Porsche for comment.
Yahoo
01-04-2025
- Automotive
- Yahoo
Readers Get Double the Entries to Win a 2021 Porsche 718 Cayman GT4
Read the full story on Modern Car Collector A thrilling opportunity is now live for car enthusiasts and Porsche lovers: the Larz Anderson Auto Museum is hosting a TapKat sweepstakes for a chance to win a 2021 Porsche 718 Cayman GT4 — a high-performance machine that could soon become a collector's item. Get double the entries here. The grand prize is a driver's dream. Powered by a naturally aspirated 4.0-liter flat-six engine producing 414 horsepower, the Cayman GT4 delivers track-capable thrills with a six-speed manual transmission and handling precision honed on the Nürburgring. Wrapped in classic Porsche styling, the mid-engine coupe offers luxury, balance, and blistering performance in one uncompromising package. Get double the entries here. What makes this sweepstakes even more timely is Porsche's upcoming transition to electric power in its 718 lineup. As confirmed by Porsche board member Albrecht Reimold in a June 2024 interview, internal combustion engine production for the Cayman and Boxster will cease in 2025. That makes this 2021 GT4 one of the last of its kind — a rare and desirable gem for enthusiasts who want to experience the visceral thrill of Porsche's flat-six before it becomes history. The sweepstakes isn't just about winning an iconic sports car. Proceeds from the campaign support the Larz Anderson Auto Museum, a historic institution known as "The Hub of the Wheel" in Greater Boston's car culture. Funds raised help further the museum's educational and cultural mission to preserve and share automotive history with the community. Get double the entries here. This sweepstakes is made possible through the support of McGovern Automotive Group and Boston Motorsports. Entries are now open. For a chance to own this modern Porsche classic — and help keep automotive heritage alive — visit the Larz Anderson Auto Museum's website and enter today. Get double the entries here. Follow us on Facebook and Twitter
Yahoo
21-03-2025
- Automotive
- Yahoo
Here's Your Chance to Win a Rare 2021 Porsche Cayman GT4
Read the full story on Modern Car Collector Car enthusiasts and Porsche lovers have an enticing opportunity: a sweepstakes featuring a pristine 2021 Porsche 718 Cayman GT4. Organized by TapKat, this contest promises one lucky participant will soon hold the keys to one of Porsche's most celebrated sports cars. Renowned for its sophisticated engineering and impressive performance, this Cayman GT4 features a robust 414-horsepower flat-six engine, delivering an exhilarating drive and unmatched road presence. Widely praised for its exceptional handling, luxurious interior, and iconic Porsche styling, this vehicle represents a rare convergence of power and elegance. Adding urgency to this sweepstakes is Porsche's recent announcement confirming the upcoming end of internal combustion engine (ICE) production for both the Cayman and Boxster models. Porsche executive Albrecht Reimold, in a June 2024 interview with Germany's Automobilwoche, disclosed plans to cease manufacturing gasoline-powered 718 variants sometime in 2025. The automaker intends to replace them with fully electric versions, making current ICE models highly sought-after by collectors and enthusiasts alike. Beyond the thrill of potentially owning this unique automobile, participants contribute to a worthy cause. Proceeds from sweepstakes entries benefit the Larz Anderson Auto Museum, a cornerstone of automotive culture in the Greater Boston area. Known as "The Hub of the Wheel," the museum dedicates itself to preserving automotive history, educating the community, and fostering appreciation for the artistry of automobile engineering. The sweepstakes is generously supported by McGovern Automotive Group and Boston Motorsports, key sponsors helping bring this opportunity to the public. Interested participants should act quickly; entering the sweepstakes offers not only a chance to win a remarkable sports car but also the satisfaction of supporting automotive history and cultural enrichment. Enter here. Follow us on Facebook and Twitter
