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. Porsche executives ...

Porsche is seeing its sales fall in China, which until recently had been its largest market globally. Last year, 56,887 units ...

Porsche’s China Sales Are in Freefall Porsche sales ... as BYD did with its Yangwang U9 supercar last week. More: EVs Set To Outsell Gas Cars In China In 2025, 10 Years Ahead Of Schedule But ...

China is a key market for any automaker, and Porsche is finding ways to stay relevant Mainland China is the world's largest auto market, nearly as large as the US and European markets combined.

Because we are convinced that we have set the right course for the long term," said Blume. Porsche's deliveries fell by 3% to around 310,700 vehicles in 2024. In China, the drop was 28%.

Porsche is seeing its sales fall in China, which until recently had been ... only slightly below the previous year, as it set new records in four other sales regions including the United States ...