Mercedes Benz

Don't expect any new oil-burners from Zuffenhausen moving forward. Want to buy a new Porsche with a diesel? Too bad, because the German automaker stopped making them earlier this year. And now it's announced that it won't offer any oil-burners in the future, either. The announcement was made against the backdrop of Porsche's increasing investment in electrification. The automaker notes that 63 percent of the Panameras that it's sold in Europe, for example, are hybrids. Compare that to the 12 percent of its worldwide sales last year were diesels, and the case for discontinuing their availability seems far clearer than their emissions. Porsche was hardly immune, either, from the diesel emissions scandal that rocked the entire Volkswagen Group of which it is part. The controversy cast diesel propulsion in general, and from the VW group in particular, into negative light from which the German industrial giant is still struggling to recover. Though i...

Don't expect any new oil-burners from Zuffenhausen moving forward. Want to buy a new Porsche with a diesel? Too bad, because the German automaker stopped making them earlier this year. And now it's announced that it won't offer any oil-burners in the future, either. The announcement was made against the backdrop of Porsche's increasing investment in electrification. The automaker notes that 63 percent of the Panameras that it's sold in Europe, for example, are hybrids. Compare that to the 12 percent of its worldwide sales last year were diesels, and the case for discontinuing their availability seems far clearer than their emissions. Porsche was hardly immune, either, from the diesel emissions scandal that rocked the entire Volkswagen Group of which it is part. The controversy cast diesel propulsion in general, and from the VW group in particular, into negative light from which the German industrial giant is still struggling to recover. Though i...