Porsche Planning Third Round of US Price Increases: TDS

Porsche's CFO attributed the looming price increases as a result of President Trump's tariffs.
Porsche steering wheel

Good morning and welcome to The Downshift, or TDS for short.

Tight, light, and right, TDS gathers the latest automotive news simmering around the globe and places it in one spot. Stories are summarized in a, sometimes long, sentence accompanied by a link for those seeking more information.

🚨 I’m headed out on the road to Japan this week and we might have some schedule shuffling with TDS.

The first cup of coffee is gone and I need to finish packing, so let’s get into it.

💸 Porsche’s CFO said the German automaker will raise U.S. prices, again, marking the third time in recent months, as a result of the Trump administration’s tariffs; the executive also noted the automaker will end production of the gas-powered Macan in 2026, though shares of the automaker rose Monday based on the latest guidance outlook beyond 2025.

🔧 Toyota unveiled the Camry GT-S Concept ahead of the modified sedan’s 2025 SEMA debut.

👨‍💼 Ex-Stellantis CEO Carlos Tavares said his former employer might split up in the future, and the executive sees Tesla CEO Elon Musk exiting the auto industry.

‼️ Nearly 23,000 2025 Chevrolet Equinox EVs were recalled due to an issue that could result in tire tread separation.

🪦 Production of the current Toyota Supra will end in 2026, but a successor is possibly in the works.

‼️ The NHTSA is investigating whether 286,000 6.2-liter V8s from GM have an engine failure issue due to bearing failures.

🏁 Weekend Race Results:

  • Formula 1 Mexican Grand Prix – Lando Norris won for McLaren and took the championship lead in the process.
  • NASCAR Cup Series Xfinity 500 – William Byron won for Hendrick Motorsports Chevrolet.
  • NASCAR Xfinity Series IAA & Ritchie Bros. 250 – Taylor Gray won for Joe Gibbs Racing Toyota.

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Joel Feder Avatar

Joel Feder

Director of Content and Product