HomeStock MarketDeliveries surged in all regions except China during the initial nine months...

Deliveries surged in all regions except China during the initial nine months of 2023, reports Reuters.

Porsche Reports Global Delivery Increase, Excluding China

Porsche sees global delivery growth, except in China

Porsche, the renowned German automobile manufacturer, announced a remarkable 10% increase in global deliveries for the first nine months of 2023. The company successfully delivered a total of 242,722 vehicles worldwide during this period. However, the growth trend did not extend to China.

China experiences a decline in Porsche sales

Unfortunately, Porsche witnessed a 12% decline in sales within the Chinese market from January to September, with a total of 60,748 vehicles delivered. This downturn can be attributed to the persistently challenging economic conditions prevailing in the region.

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Despite this setback, Porsche remains upbeat about its performance in other regions, where it has experienced positive growth. The company’s commitment to delivering exceptional vehicles to its global customer base remains unwavering.

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