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 board member Lutz Meschke brought the issue to light on the recent Q3 earnings conference call when he said the company had observed a “slowdown in the BEV transition and the customer ...

While sales stagnated in China, they soared in Europe. Volkswagen Group increased its global electric vehicle (EV) deliveries by 47% in the first half of this year, accelerating the company’s ...

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 ...

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 ...

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 ...

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.

(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 ...

Porsche is downgraded to sell amid underperformance, weak fundamentals, and strategic challenges. Learn about DRPRF stock's ...

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.

BERLIN (Reuters) - 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. Porsche ...