Porsche increases 2023 deliveries despite China slump

Porsche increases 2023 deliveries despite China slump

BERLIN : Luxury carmaker Porsche increased its deliveries by 3 per cent in 2023, with 320,221 vehicles delivered worldwide, as growth in Europe and North America offset a challenging market in China, the company said on Friday.

Deliveries increased by 12 per cent year-on-year in Europe, excluding the home market Germany, which saw a 10 per cent increase, Porsche said. In North America, the company saw a 9 per cent rise.

In China, deliveries dropped by 15 per cent in 2023, “mainly due to the ongoing challenging economic situation in the region,” the company said in a statement.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *