In a time when basically every automobile manufacturer in the world is having poor quarter after poor quarter, Porsche managed to salvage a pretty decent one from Q1 of 2022 by focusing on its home market and getting cars out wherever it could. In the world we live in today, the cost of shipping things overseas is prohibitively expensive, supply …
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Supply chain and transit issues stymie Porsche Cars North America Q1 sales
2021 served as Porsche Cars North America's best sales year in history on record, and the company was optimistic that 2022 would continue that upward trend. With the news that the company only managed to deliver 13,042 new vehicles to customers in the first quarter of 2022, it doesn't seem like breaking that record this year is possible. None of …
Continue to the full articlePorsche Looks On Track For A Record Sales Year After Impressive Q1
Porsche prides itself on being among the most profitable automobile manufacturers in the world, and that trend continues in the first quarter of 2021. Revenue in Q1 2020 was a bit rough, thanks to dealerships, factories, and logistics shutting down in the wake of the coronavirus pandemic. Revenue from car sales increased year-over-year from 6 …
Continue to the full articlePorsche Cars North America Sees Significant Sales Drop Amid Coronavirus Crisis
For years Porsche Cars North America has reported its sales on a monthly basis, giving us incredible insight into the company's strong upward trajectory. For 2020, however, the company has reverted to a quarterly reporting structure that could not have come at a worse time. We can infer that Porsche had strong January and February sales, while …
Continue to the full articlePorsche Global Sales Down 12 Percent In Q1, North America Sales Up
Porsche is already predicting that 2019 will be the company's first net decrease in sales across the full year in a very long time. While sales were up in North America thanks to booming sales in the US and Canada, every other market Porsche sells in has seen decline over the last year. With the Asian and particularly Chinese economy leaving …
Continue to the full articlePorsche Q1 Revenue, Operating Profit, Employees, and Vehicle Deliveries Up All Around
The name of the game at Porsche AG in recent years has been growth. The company has seen years of consecutive success, increased sales, and larger profit percentage from those gains. They've been reinvesting a lot of their profit into the company's future, as their stated goal is sustainability, and this is a transition period in the car world. …
Continue to the full articlePorsche’s First Quarter Operating Results Reach Record Level
Porsche AG made a strong start to the year: In the first three months of 2017, the company increased its operating result, revenue, deliveries and number of employees as compared to the same period last year. Here are some of the highlights: Profit margin grew from 16.7% to 17.6%. Operating results increased by 8% in the first quarter of …
Continue to the full articlePorsche Is The Most Profitable Car Manufacturer In The World
Coming off a record year in 2015 where Porsche hit many of their long term goals years in advance, 2016 is shaping up to be just as good if not better. For instance, in the first quarter of 2016, Porsche increased its turnover, results and deliveries compared to the previous year. Turnover is 6% to 5.4 billion euros while operating results …
Continue to the full articlePorsche’s WorldWide Delivery Numbers for the 1st Quarter of 2013
Despite a difficult economic environment in Europe, Porsche AG is off to a good start in 2013. Deliveries of the sports car maker picked up by 21 percent to 37,009 vehicles in the first three months of the 2013 fiscal year. Turnover rose by 8.3 percent to 3.28 billion euro in the first quarter. At 573 million euro, the operating result stood at 8.5 …
Continue to the full articlePorsche Reports Q1 2012 Worldwide Revenue, Profit, Sales and Production Data
Porsche reported a strong start to 2012. Delivered/sold units increased 29% to 30,231 vehicles. Revenue is up 32.4% to 3.025 billion euro and operating profit rose to 528 million euro representing an 18.4% increase from the same period last year. Looking to continue this growth Porsche added 725 new employees bringing their total worldwide …
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