Business

Porsche Faces 8% Sales Dip in Q1 2025, Yet Electrified Vehicles Shine Bright

Porsche's Q1 2025 Sales Overview

Porsche AG announced a notable 8% decrease in deliveries for the first quarter of 2025, with a total of 71,470 vehicles sold. This downturn reflects broader challenges in key markets, yet highlights significant growth in electrified vehicle sales.

Market Performance Highlights

The most dramatic sales declines were witnessed in China and Germany, with drops of 42% and 34% respectively. Conversely, North America saw a robust 37% increase in deliveries, reaching 20,698 units.

Electrified Vehicles Gain Momentum

Amidst the sales downturn, electrified vehicles emerged as a bright spot, accounting for 38% of total deliveries. This shift underscores Porsche's commitment to sustainable mobility.

Future Outlook

Matthias Becker, Porsche's Executive Board member for Sales and Marketing, reaffirmed the company's strategy to cater to diverse customer needs with a mix of drive variants across its model lineup well into the 2030s.