Business

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

Porsche's Q1 2025 Sales Overview

In the first quarter of 2025, Porsche AG reported a notable 8% decrease in deliveries, totaling 71,470 vehicles compared to the previous year. The most significant downturns were witnessed in China and Germany, with sales plunging by 42% and 34%, respectively.

North America Bucks the Trend

Contrastingly, the North American market experienced a robust 37% increase in deliveries, reaching 20,698 units. This growth highlights the region's resilient demand for Porsche's luxury vehicles.

Electrified Vehicles Gain Momentum

Porsche's electrified vehicles accounted for 38% of total sales, marking a significant uptick in consumer preference towards sustainable mobility solutions.

Future Outlook

Matthias Becker, Porsche's Executive Board member for Sales and Marketing, emphasized the company's commitment to diversifying its product lineup. "Our strategy encompasses all three drive variants, ensuring we meet our customers' evolving needs well into the 2030s," Becker stated.