Overview

• Porsche will launch its new three-row K1 SUV with combustion and plug‑in hybrid power, shelving a battery‑electric debut and delaying other BEV rollouts.
• Range‑topping versions of the next 718 Boxster and Cayman will keep gasoline engines while entry models are still planned as EVs from 2026, and a new petrol Macan successor is being developed.
• Cayenne and Panamera petrol and plug‑in hybrid models will get major updates and remain on sale well into the 2030s, with a Cayenne Electric still planned.
• Volkswagen booked a €5.1 billion group impact tied to Porsche’s reset, including about €3 billion in impairments and roughly €2.1 billion hit to operating profit, and both now guide 2025 operating margins near 2%.
• Bentley is preparing pure‑petrol successors to the Bentayga, Continental GT and Flying Spur, even as it keeps annual PHEV or EV launches from 2026.