The United States' economic sanctions imposed on Russia will postpone former Magna International boss Siegfried Wolf from joining Porsche SE's supervisory board. Wolf cited risks related to his role as chairman of Russian van maker and contract manufacturer GAZ.
Porsche isn't bypassing dealers with its subscription pilot program, Porsche Passport, but is simply trying to figure out how to make the model work before getting retailers more involved in a fluid process, the company told dealers.
Porsche dealers are generally happy and looking forward to another good year. But volume for 2018 will be largely backloaded to the second half of the year, said Todd Blue, member of the Porsche Dealer Board of Regents.