Homegrown electric-vehicle brands ramp-up production in world’s largest car market

Financial Times

London

Greater London

England

United Kingdom

Porsche deliveries to China drop 28% amid rising competition

Porsche said on Monday its deliveries in China fell by 28% in 2024.John Keeble/Getty ImagesPorsche and BMW are the latest automakers to report sliding sales in China.The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.Volkswagen, Toyota, and Honda have all suffered, and GM took a $5 billion hit on its Chinese business.Porsche and BMW have become the latest European carmakers to report sliding sales in Chin…

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Media Bias/Fact Check

Business Insider

United States

BMW and Porsche have a China problem. They're not the only ones.

Porsche sales fell last year due to a significant decline in Chinese sales.

Csökkentek a Porsche eladásai tavaly a kínai értékesítés jelentős visszaesése miatt.

Egyik legfontosabb piacán omlottak össze a Porsche eladásai tavaly

Origo

Budapest

Hungary

Porsche sales collapsed in one of its most important markets last year

The sports car manufacturer Porsche is suffering from weak demand in China. The decline in sales figures there cannot be offset by the positive response from other regions of the world.

Der Sportwagenbauer Porsche leidet unter der schwachen Nachfrage in China. Den Rückgang der Verkaufszahlen dort kann auch das erfreuliche Echo aus den anderen Weltregionen nicht wettmachen.

Porsche: Kräftiges Minus in China trübt Bilanz

Spiegel

Germany

Porsche: Strong loss in China clouds balance sheet

Porsche sales in China fell by 28 percent last year.

Prodaja Porscheja je lani na Kitajskem padla za kar 28 odstotkov.

Kitajci pozabili na Porsche: prodaja je padla za skoraj tretjino #foto

siol.net

Ljubljana

Slovenia

The Chinese forgot about Porsche: sales fell by almost a third #photo

Nikkei Inc.

Porsche enjoyed very high sales in China. However, the company saw a decline of 28 percent in the last year.

Porsche cieszyło się z bardzo wysokiej sprzedaży w Chinach. W ostatnim roku firma odnotowała jednak spadek na poziomie aż 28 proc.

Porsche z kiepskimi wynikami. "To przez słabość na rynku motoryzacyjnym"

Business Insider (Poland)

Porsche with poor results. "It's because of the weakness in the automotive market"

BERLIN (Reuters) – German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world’s largest car market hit German carmakers. Porsche, majority-owned by Volkswagen, sold 56,887 vehicles in 2024 in China, versus 79,283 in 2023. The drop weighed on global sales, which were down 3% at 310,718 vehicles compared with 2023. This came despite growth in its other markets, including an 11% rise …

Blue Water Healthy Living

Port Huron

St. Clair County

Michigan

Porsche's 2024 China sales fall by 28% - Blue Water Healthy Living

Porsche sales in China fell 28%, negatively impacting Volkswagen. Volkswagen loses in China to local brands of electric and hybrid vehicles. The Porsche-Piëch family will reduce by 40% its stake in VW. Porsche has problems in the Chinese market. The sales of the German brand in the Asian giant fell 28% in the last 12 months, a decrease that occurs in a very complicated economic context in that country. The decline in sales has repercussions not …

Las ventas de Porsche en China cayeron un 28%, impactando negativamente a Volkswagen. Volkswagen pierde en China ante marcas locales de vehículos eléctricos e híbridos. La familia Porsche-Piëch reducirá en un 40% su participación en VW.   Porsche tiene problemas en el mercado chino. Las ventas de la marca alemana en el gigante asiático cayeron un 28% en los últimos 12 meses, un descenso que se produce en un contexto económico muy complicado en e…

Volkswagen tiene un problema con Porsche en un mercado clave

Revista Merca2.0

Volkswagen has a problem with Porsche in a key market

German sports car maker Porsche AG reported a 28% drop in sales in China in 2024, as persistent weakness in the world’s largest car market hits German manufacturers. Porsche, majority-owned by Volkswagen, sold 56,887 vehicles in 2024 in China, up from 79,283 in 2023. The decline weighed on global sales, which fell 3% to 310,718 […]

observatorial.com

Porsche collapses in China – The Observatorial

The Chinese car market is growing overall, but like VW before it, Porsche is also reporting sharp declines in sales for 2024. Significant increases in other regions of the world cannot compensate for the horrendous decline in China.

Der chinesische Automarkt wächst insgesamt, doch wie zuvor VW meldet auch Porsche starke Absatzrückgänge für das Jahr 2024. Deutliche Zuwächse in anderen Regionen der Welt können das horrende Minus in China nicht ausgleichen.

Porsche deliveries to China drop 28% amid rising competition

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