Porsche has initiated the search for a new CEO to replace Oliver Blume, who is expected to step down from his role at the luxury sports car maker to focus exclusively on his responsibilities at Volkswagen. This move comes amid mounting pressure from investors concerned about Blume's dual leadership positions at both Porsche and Volkswagen. The company anticipates announcing a successor by autumn 2026. Following the news, Porsche shares experienced a notable increase. The leadership change reflects ongoing challenges and investor demands for clearer management focus within the Volkswagen Group. Separately, Porsche is also advancing its product offerings, including the introduction of digital keys and in-car gaming features in the 2026 Macan Electric model.