Porsche has reported that its first-quarter retail deliveries in the United States reached 18,884 vehicles, marking a 40.6 percent increase compared to the same period in 2024 and an 8.1 percent rise from the previous record set in 2023. This increase is attributed to strong demand across various model lines, particularly following a …
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Porsche achieves record sales despite market challenges
Porsche finished the 2024 financial year with notable results despite facing a challenging economic landscape. The sports car manufacturer achieved record sales in four out of five global regions and maintained strong automotive net cash flow, which approached the record levels of 2023. The company successfully renewed five out of its six model …
Continue to the full articlePorsche’s 2024 sales soar with new model introductions
In 2024, Porsche Cars North America, Inc. (PCNA) reported a total of 76,167 new vehicle deliveries in the United States, marking a one percent increase from the previous record of 75,415 set in 2023. This achievement reflects the ongoing strength of the Porsche brand, as noted by Timo Resch, President and CEO of PCNA, who attributed this success to …
Continue to the full articlePorsche global sales up slightly in 2022 to set another new record
Earlier in the week we discussed Porsche Cars North America's new sales record in 2022 barely squeaking through with a 40-unit increase over 2021. Globally that margin increased significantly thanks to strong demand in Europe, the Middle East, and Africa. Porsche even posted a 2% drop in its largest market, China, but no matter because that slack …
Continue to the full articlePorsche Cars North America posts record sales in 2022 despite market turmoil and supply chain issues
With an incredible end-of-year rally in the fourth quarter, Porsche Cars North America managed to set a new all-time record for new car deliveries, shipping an incredible forty more cars to U.S. market customers than it did in the previous record-setting year in 2021. Forty! That's all it came down to. Talk about winning by a hair's breadth. That …
Continue to the full articlePorsche delivers 145,860 vehicles worldwide in first half of 2022
In spite of unkind external challenges Porsche managed to keep its sales performance relatively strong in the first half of 2022. So far, since January the brand has delivered a massive 145,860 units worldwide, which represents a decline of 5% over the same period in 2021. The global market conditions in 2022 have been difficult to say the least, …
Continue to the full articlePorsche Cars North America reports Q2 sales growth despite production issues
Supply side issues crippled Porsche's potential in the second quarter of 2022. Not only have we seen delays in getting wiring harnesses out of Ukraine thanks to ongoing conflict in the region, but superconductor shortages remain after nearly two years of issues. Hopefully with recent crypto crashes, fewer "mining" operations will be snapping up all …
Continue to the full articlePorsche sees Q1 growth in Europe despite supply chain hold ups
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 …
Continue to the full articleSupply 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 Cars North America sold a record number of cars in 2021
2021 was a rough year for many automobile manufacturers. Toyota, for example, took over the top spot in the world as General Motors failed to meet demand amidst a massive industry-wide shortage of semiconductors. Many automakers took this as an opportunity to focus on margins rather than outright sales, pushing their chips to more profitable luxury …
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