The automotive world is witnessing the end of an era as Porsche discontinues the beloved 718 Boxster and Cayman models in the European Union. This decision comes not because of a shift in market demand or a strategic pivot away from sports cars, but due to the stringent new cybersecurity regulations set to take effect in July 2024. The regulations, which are part of UN Regulation No. 155, require comprehensive cybersecurity measures that the current 718 models cannot meet without significant and costly updates.
In a statement, Porsche 718 spokesperson Oliver Hilger confirmed the discontinuation of the coupe and convertible in the EU, marking a significant moment for the brand and its enthusiasts. While the news may come as a shock to some, it’s not entirely without a silver lining. Porsche has granted a reprieve to the high-performance Cayman GT4 RS and Boxster Spyder RS, which will continue to be offered due to their limited production volumes.
The heart of the issue lies in the electrical architecture of the Boxster and Cayman, which falls short of the upcoming regulations. Porsche estimated that updating these models to comply would cost about half the budget of developing an entirely new model, a financial move that simply doesn’t add up for the automaker. This is particularly true given that the fourth-generation Boxster/Cayman, which debuted in 2016, is already considered an older product in the fast-paced automotive landscape.
Despite the retirement of the 718 models in the EU, Porsche’s sales are unlikely to suffer a significant blow. The Macan, for instance, has been a strong seller globally, with 87,355 units sold in 2023, dwarfing the 718 lineup’s sales. However, for those in Europe who have long admired the 718’s blend of performance and style, this news marks the end of an option that has been a gateway into the Porsche brand for many.
Looking ahead, Porsche is preparing for the next chapter with the introduction of an all-electric 718 set to hit the market in 2025. This new EV will coexist with the current gas-powered models in other markets for a period, following a strategy similar to that of the Macan’s two generations.
For European customers eager to get their hands on a new Boxster or Cayman, there’s still a chance. Dealerships will be selling off their existing stock until July 1, after which unsold cars will become unregistrable. This presents a unique opportunity for buyers to potentially secure a deal on these soon-to-be classics.
The UN cybersecurity laws, which were announced in June of 2020, encompass a range of protections designed to safeguard connected cars from cyber threats. These include managing vehicle cyber risks, securing vehicles by design, detecting and responding to security incidents, and providing safe software updates. While 54 countries have signed the agreement, the United States is not among them, which is why the 718 and Macan can continue to be sold in the US.
Saying goodbye to the 718 Boxster and Cayman in Europe is a touching reminder of the constantly evolving landscape of the automotive industry. Regulations and technological advancements continue to shape the cars we drive, and sometimes, even the most cherished models must yield to progress. For now, the 718’s legacy will live on in other markets and in the hearts of Porsche enthusiasts worldwide.
