Porsche is aiming for 80% of its sales to consist of electric sports from 2030 and has detailed its best sales performance in its 91-year history
concept gave clues as to what to expect from an all-electric 718 Cayman, though the eventual production version will be less overtly track-focused and pack less power in line with its road-biased billing.
Porsche's record financial figures were announced in the wake of the official confirmation that its parent company, the VW Group, is progressing withof the sports car manufacturer as a means of funding its ambitious electrification objectives. CFO Lutz Reschke said:"We have challenging months ahead of us, both economically and politically, but we are nevertheless sticking to our strategic goal, which has been firmly anchored for years, of ensuring an operating return on sales of at least 15 percent in the long term.
“Our task force has already taken initial measures to safeguard our earnings. In this way, we want to ensure that we can continue to meet our high earnings targets. The extent to which this succeeds also depends on external challenges that we cannot influence. “Strategically, operationally and financially, Porsche is in an excellent position. We are therefore looking to the future with confidence – and welcome the consideration of an IPO of Porsche AG. This would allow Porsche to raise its profile and increase its entrepreneurial freedom. At the same time, Volkswagen and Porsche could continue to benefit from joint synergies in the future.”
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