Porsche to hire new CEO, recommit to internal combustion

Written By Taylor Jordan

  • Oliver Blume will leave the Porsche CEO role but remain at Volkswagen

  • Michael Leiters, former head of McLaren will become CEO of Porsche

  • Porsche is expected to recommit to internal combustion in many product lines and slow EV rollouts

  • Internal combustion Porsche 718 Cayman will continue production after being initially axed last year

  • Higher-end models likely to retain petrol power

Taylor Jordan
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