Business

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

Global Sales Dip with Significant Drops in China and Germany

Porsche AG announced a notable 8% decrease in deliveries for the first quarter of 2025, totaling 71,470 vehicles. The most dramatic declines were witnessed in China and Germany, with sales plummeting by 42% and 34% respectively.

North America Bucks the Trend with a 37% Increase

Contrasting the global downturn, North America experienced a robust 37% surge in deliveries, reaching 20,698 units, highlighting regional market resilience.

Electrified Vehicles Gain Momentum

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

Future-Proof Strategy

"Our product strategy remains unwavering, offering diverse drive variants across our lineup to meet evolving customer demands well into the 2030s," stated Matthias Becker, Porsche's Executive Board member for Sales and Marketing.