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Motor1
Motor1
Business
Adrian Padeanu

Porsche Warns Significant Price Increases Planned For 2024MY Cars

The cheapest Porsche money can buy in the United States right now is the base Macan at $57,500 while the most expensive of the lot is the 911 Sport Classic at an eye-watering $272,300. Price hikes across the board are coming soon as part of a plan to further boost profits. During a call with analysts, the head of finance Lutz Meschke said "significant price increases" are planned to come into effect in mid-2023 for the 2024 model year.

He went on to specify the next-generation Macan coming next year exclusively in EV form will command a 10-15 percent premium over the current model. It's worth noting the combustion-engined crossover will peacefully coexist with the electric model for a few years before Porsche is going to retire the gasoline-fueled variants.

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