Porsche’s grip on the Chinese luxury car market is slipping. Once the automaker’s largest market for eight consecutive years, China has seen a dramatic decline in Porsche sales, down 29% in ...

In 2023, Porsche had bad news regarding sales in China: deliveries dropped 15 percent year over year, and it was the only market where the automaker saw any downturn at all. Unfortunately ...

German sportscar manufacturer Porsche saw profits plunge in 2024, as sales in China took a major hit and the carmaker poured money into updating several of its high-end models. Bernd Weißbrod/dpa ...

Oliver Blume, chairman of the board of management of Porsche AG, speaks at the 2025 annual press conference. [Photo provided to chinadaily.com.cn] China is central to Porsche's global business ...

Porsche's deliveries fell by 3% to around 310,700 vehicles in 2024. In China, the drop was 28%. Revenue fell by 1.1% to just over €40 billion, while operating profit declined by almost 23% to ...