Porsche reports 4% fall in Q1 deliveries [Reuters]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
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Source: Reuters
, opens new tab delivered 4% fewer vehicles globally in the first quarter of 2024 compared to 2023, it said on Wednesday, citing a challenging market in China and customs-related delivery delays in North America. Global deliveries stood at 77,640 cars worldwide, Porsche said, with deliveries down 24% and 23% year-on-year in China and North America, respectively. In Germany, Porsche's home market, deliveries rose 37% to reach 11,274 vehicles. Porsche delivered 16,340 vehicles in China and 15,087 in North America over the same period. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Reporting by Louis van Boxel-Woolf, Editing by Rachel More Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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