Tag Archives: Porsche

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Porsche Ousted from Germany’s Blue-Chip DAX Index as Stock Slides

It’s not every day that one of the most recognizable sports car brands in the world gets bumped from Germany’s benchmark stock index. But that’s the case this week as Porsche AG has been shown the door from the DAX, the index of 40 major German companies, and replaced by the comparatively low-profile Scout24 SE—the operator of ImmoScout24, Germany’s largest online real-estate platform.

On paper, it’s a surprising swap: Porsche is a global luxury icon, while Scout24 SE is a dot-com operator better known among apartment hunters than car enthusiasts. But the move follows the index’s regular quarterly review, and the numbers behind it tell the real story.

Porsche stock has been under pressure for months. Shares closed at €44.35 ($51.67) this week, down more than 33 percent compared with a year ago, and nearly 25 percent lower since January. Those declines pushed the company into the MDAX—essentially the DAX’s second tier—where Porsche now takes Scout24’s former slot.

CEO Oliver Blume isn’t hiding his disappointment. Speaking to German newspaper FAZ, he called the removal a temporary setback and stressed he wants Porsche back in the DAX “as soon as possible.” Still, he couldn’t resist suggesting the index is “one company poorer when it comes to one of Germany’s most valuable companies.”

The tough talk masks an even tougher reality. Porsche recently admitted that “macroeconomic and geopolitical headwinds” dragged down its first-half results. Revenues dropped from €19.46 billion ($22.7 billion) to €18.16 billion ($21.2 billion), while operating profit cratered from €3.06 billion ($3.6 billion) to just €1.01 billion ($1.2 billion). Around €1.1 billion ($1.3 billion) in special charges tied to strategic realignments, battery projects, and U.S. tariffs didn’t help the bottom line either.

Blume pointed to sluggish demand in China and escalating trade tariffs in the U.S. as particularly damaging, while acknowledging that Porsche’s pivot to electrification has been slower than hoped. For a brand that once defined aspiration and performance, being squeezed by global economics, shifting consumer demand, and the EV transition is a humbling reality check.

For now, Scout24 gets the prestige of joining the DAX, and Porsche is left watching from the MDAX sidelines. But if the sports-car maker can right the ship, claw back profits, and rekindle momentum in its EV strategy, don’t bet against a comeback. After all, this is Porsche—comebacks are kind of its thing.

Source: Euronews

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Porsche’s Next Big Move: Wireless Charging Hits the Cayenne EV

Wireless charging has already made our lives easier with smartphones and toothbrushes. Drop it in the cradle, walk away, and the magic happens. Now Porsche wants to bring that same “set it and forget it” convenience to electric cars—and it’s doing so with the next-generation Cayenne EV, set to debut at the end of 2025.

The German automaker claims it will be the first to bring an 11-kW inductive charging system into production. The setup uses a floor-mounted base plate—no wallbox, no cables, no fumbling with plugs in the rain. Park the Cayenne over the pad, hit the brake, and the juice flows. Porsche says efficiency tops out at 90 percent, roughly on par with today’s wired AC charging.

Everyday EV Life, Simplified

Porsche’s research shows that about 75 percent of charging happens at home, making the case for wireless charging even stronger. The pad itself is a tidy slab—about 117 by 78 centimeters and 6 centimeters tall, weighing in at roughly 50 kilos. It’s weatherproof, TÜV-tested, and even tough enough to drive over. Installation can be handled by Porsche’s own service network, ensuring that the system doesn’t just look premium, but feels it, too.

The vehicle side of the system is equally clever. A receiving plate, tucked neatly between the Cayenne’s front wheels, lowers toward the pad during charging. Ultra-wideband tech helps the SUV line itself up precisely, and the Cayenne’s surround-view system adds an augmented “hit the target” parking aid. Once the car is in place, the charging process is automatic, and safeguards stop the flow if a pet, child, or stray object finds its way into the charging zone.

Big Numbers Beyond the Pad

As convenient as the wireless setup sounds, Porsche isn’t abandoning outright charging speed. Like the Taycan and Macan before it, the Cayenne EV is aiming to set new benchmarks. DC fast charging will reportedly peak at a blistering 400 kW—numbers that would make even Tesla owners raise an eyebrow. Plugged into a Porsche Charging Lounge, that could mean topping up from nearly empty to road trip–ready in minutes.

Tech on Display

To drum up excitement, Porsche rolled out a prototype Cayenne at the IAA Mobility show in Munich wearing a dazzling electroluminescent paint job. The fluorescent wrap comes alive when current runs through it, glowing in shifting hues of blue and violet like something from a cyberpunk concept sketch. The finish reportedly required over 25 ultra-thin layers, 30 sanding cycles, and 500 meters of wiring. It’s not production-bound—at least not yet—but it reinforces Porsche’s point: this SUV is about tech, spectacle, and a future where charging is as seamless as dropping your phone on a nightstand.

The Bigger Picture

“Ease of use, suitability for everyday use, and charging infrastructure are still the decisive factors when it comes to the acceptance of electric mobility,” says Dr. Michael Steiner, Porsche’s R&D chief. He’s not wrong. For all the talk of kilowatts and charge curves, what matters most is whether living with an EV feels simpler than it does today.

With inductive charging baked into the Cayenne EV, Porsche is betting that eliminating the charging cable could be the next tipping point for mainstream EV adoption. Whether customers will pay extra for the convenience—or whether rival automakers will follow suit—remains to be seen. But if Porsche can pull it off, charging an electric car might soon feel as effortless as charging your phone.

Source: Porsche

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From 356 to Mission E: Porsche’s Greatest IAA Motor Show Moments

For Porsche, the IAA motor show in Germany has always been more than just a stage—it’s been a proving ground for innovation, design, and a touch of drama. Since 1950, the brand from Zuffenhausen has used the biennial event to unveil cars that would shape its identity and, in many cases, the future of performance motoring itself. From humble beginnings with the 356 to the electrified promise of the Mission E, here are ten IAA moments that show how Porsche has been blending passion and progress for over seven decades.

1950: The Beginning – Porsche 356

Porsche’s first-ever IAA appearance coincided with Berlin’s last time hosting the show. On display: the 356, the brand’s first production model built in Zuffenhausen. Lightweight, sporty, and surprisingly usable, it set the DNA that still defines Porsche today.

1963: The 901 Becomes the 911

The 356’s successor made its public debut as the 901. A quick renaming to 911—after a certain French automaker took issue with the original moniker—wouldn’t stop it from becoming an icon. Sixty years later, the “Elfer” still anchors the Porsche lineup.

1965: Enter the Targa

When U.S. regulators began tightening safety rules on convertibles, Porsche responded with innovation rather than retreat. The 911 Targa, with its signature roll bar and removable roof panel, offered open-air freedom without compromising safety. It quickly became a design classic.

1973: Turbocharging the Future – 911 RSR Turbo

At a time when turbos were mostly a motorsport curiosity, Porsche rolled out the 911 RSR Turbo. The enormous rear wing made the intent clear, and the technology previewed the production 911 Turbo that would become a legend in its own right.

1981: 911 All-Wheel Drive & the 944

Porsche surprised crowds with an all-wheel-drive 911 concept, a glimpse into future Paris-Dakar glory. Sharing the spotlight was the 944, a balanced, front-engine sports car that broadened Porsche’s appeal beyond the 911 faithful.

1985: The 959 Cutaway

Supercar, spaceship, or both? The Porsche 959 was a technological moonshot, pairing twin turbos, advanced all-wheel drive, and electronic chassis systems. At the IAA, Porsche went a step further, showing off a cutaway version that revealed its engineering brilliance in full detail.

1997: The 996 Era Begins

Purists gasped when Porsche ditched air cooling for the new water-cooled flat-six. But the 996-generation 911 was faster, cleaner, and more efficient—a gamble that secured the future of the model and kept Porsche relevant in a changing world.

2005: Cayman S Joins the Lineup

Until 2005, Porsche’s mid-engine Boxster didn’t have a coupe sibling. Enter the Cayman S: sharp handling, fresh styling, and a personality distinct enough to carve its own niche in the family. Suddenly, the 911 wasn’t the only Porsche with poster-car potential.

2013: The 918 Spyder and the New 911 Turbo

Hybrid hypercars were still rare when Porsche unveiled the 918 Spyder. With more than 880 horsepower and Nürburgring lap records to prove its point, it showed that sustainability and supercar performance could coexist. The 991-generation 911 Turbo, boasting active aero and twin-turbos, reminded everyone that the Elfer wasn’t done rewriting the rulebook.

2015: Mission E – A New Era

The crowd-pleaser of the decade, Mission E previewed Porsche’s vision for electric mobility. With over 600 horsepower, 800-volt charging, and design straight from tomorrow, it laid the groundwork for the Taycan and marked Porsche’s boldest transformation since the 911 itself.

Seven Decades, One Theme

From the postwar 356 to the fully electric Mission E, Porsche’s IAA appearances have always blended racing DNA with forward-looking engineering. Whether it’s turbocharging, hybrid power, or electrification, the message has stayed the same: Porsche won’t just meet the future—it will help shape it.

Source: Porsche