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 …
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Porsche 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 …
Continue to the full articleMacan, Cayenne, and Taycan lead PCNA third quarter sales, despite tiny dip
Porsche Cars North America hit a very tiny stumble in the third quarter of 2021 as global automotive supply chains continue to be a cluster of problems with semi-conductor and delivery driver shortages and ports packed with ships waiting to unload. Even with all of these problems, PCNA only experienced a 1.7 percent drop in sales year-over-year for …
Continue to the full articlePorsche wasn’t prepared for this level of Taycan demand
This week during the IAA Mobility show in Munich, Porsche CEO Oliver Blume admitted that the all-electric Taycan has been selling better than the company could have ever predicted. Apparently the company simply can't keep enough of them on showroom floors, because the demand has drastically outstripped supply, and the waitlist for a new Taycan has …
Continue to the full articlePorsche delivers a record 153,656 new vehicles in the first half of 2021
Porsche set a new global delivery record in the first half of 2021 with significant demand growth across all models and in every single global sales region. While it should come as no surprise that Porsche moved more new cars in the first half of 2021 than it did in the massively Coronavirus-impacted first half of 2020, it's mighty …
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