Porsche (P911) CMD 2026 summary
Event summary combining transcript, slides, and related documents.
CMD 2026 summary
7 Oct, 2026Strategic direction
Sportwagenschmiede 2035 prioritizes value over volume, exclusivity, distinctive products and stronger profitability, shifting from near-term rightsizing and product launches toward long-term excellence.
The ambition is to reinforce the brand as the world’s most desirable sports car manufacturer, anchored in brand and customer, products and technology, and enterprise and operations.
Planning assumes a challenging environment shaped by currency, tariffs, geopolitical and market uncertainty, supply-chain issues, China, regulation and CO₂-related registration restrictions.
Brand and customer
Average selling price for the top 10,000 vehicles is targeted to rise from ~EUR 270,000 to >EUR 330,000 midterm through portfolio mix, flagship offerings and individualization.
Sonderwunsch turnover targets ~6x growth; Exclusive Manufaktur option turnover per vehicle targets ~1.2x, with expanded bespoke capacity and an integrated digital customer experience.
Home of Sports Cars brings together performance, exclusivity and heritage, including GT/RS experiences, bespoke vehicles, limited heritage editions and ultra-high-end products.
Quality ambitions include #1 J.D. Power IQS and CSI rankings, improved service execution and ~45% lower warranty costs as a share of revenue versus 2025.
Products and technology
Midterm portfolio targets ~20% fewer derivatives and ~30% higher sales per derivative; D-/E-segment models are targeted to reach ~45% of derivatives.
Plans include products above the 911, a mid-engine super-sports-car platform, a D-segment SUV and at least one major product event annually; a brand-defining product is planned annually from 2030.
Electric 718 is planned for 2027, with sales contribution in its first full production year in 2028; a new B-segment SUV with combustion and PHEV powertrains is due to be presented in 2028.
Powertrain choices remain flexible across combustion, plug-in hybrid and BEV; the 911 remains combustion-powered, while investment continues in electrification and next-generation batteries.
Cylindrical cells target up to 20% more range and up to 50% more range added in 10 minutes; specific material-cost targets are up to 50% lower versus the current plan and up to 15% lower versus the current SUV.
Latest events from Porsche
- A 2027 trough precedes recovery under a leaner, higher-value product strategy.P911
CMD 2026 (Q&A) - Operating profit surged 33.9% despite a 5.1% drop in sales revenue and lower deliveries.P911
Q2 2026 (Media) - Operating profit rose 33.9% despite a 5.1% revenue drop and 16.5% lower deliveries.P911
Q2 2026 - 2026 guidance held as strategic realignment and premium mix offset delivery declines.P911
Pre-close call - Leadership changes, financial challenges, and a new strategic focus defined the meeting.P911
AGM 2026 - 2025 saw steep profit declines from €3.9bn charges, but 2026 targets margin recovery.P911
Q4 2025 - Profit and sales fell sharply amid realignment and expenses, but BEV share and North America grew.P911
Q3 2025 - Profit and sales fell, but BEV share and financial services rose; 2025 outlook cut.P911
Q1 2025 - 2024 brought record sales and strong cashflow, but profits fell and 2025 faces margin pressure.P911
Q4 2024(Q&A)