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Porsche sold more BEVs than PHEVs, with a 23.5% BEV share and 12.6% PHEV share. This represents a 14.5% increase from the ...
The Porsche Macan model range saw a 15% increase in H1 sales, with 60% of sales being the fully electric variant.
Porsche this week also named a new head of China, after its sales there experienced a 33% decline in the first half of 2024. China accounted for roughly 25% of Porsche's global sales in 2017 but ...
Last year, Porsche set a new annual sales record with 320,200 units worldwide after 16 consecutive years of growth (barring the COVID pandemic in 2020). However, ...
(Bloomberg) — Porsche AG is tapping company insiders to replace its finance and sales chiefs as the Volkswagen AG luxury brand seeks a strategy reset in the face of waning demand in China and electric ...
The EV backpedal throughout the automotive industry might hit Porsche too. During a recent Q3 earnings call, Lutz Meschke, Porsche deputy chairman and finance board member said “When it comes to ...
With sales of its sole EV, the Taycan, down 50% through the first nine months of 2024, Porsche CFO Lutz Meschke acknowledged on the company’s Q3 earnings call that it is seeing “a slowdown in ...
Porsche initially said that 80% of its sales will be electric by 2030. ... "Our product strategy is set up such that we could deliver over 80% of our vehicles as all electric in 2030 ...
Porsche plans to reduce its cost base to be profitable at a sales volume of 250,000 vehicles versus the 320,000 vehicles sold in 2023. Porsche’s parent firm VW has competing shareholder interests.
German luxury sportscar maker Porsche AG will replace the chief executive of its China business, it said on Saturday, a move that follows a major drop sales in the world's largest automotive market.
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's largest car market hit German carmakers.