No more Diesel by Porsche

The Porsche brand, which belongs to the Volkswagen Group, has announced through Chairman Olivier Blume that it will give up diesel models. Three years after the start of the diesel scandal, Diesel sales in Germany have fallen from 46% to 33%. Now the brand wants to concentrate on gasoline and hybrid drives as well as electric cars. At this aim, 40 billion euros will be invested over the next three years.