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Porsche confident regarding 2023 after record Q1 sales rise

2023.04.17 03:14

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© Reuters. Porsche Head of Style Michael Mauer presents a new design study of a Porsche 357 during the 75 years Porsche sports car exhibition “Driven by Dreams” in Berlin, Germany, January 25, 2023. REUTERS/ Lisi Niesner/File Photo

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(Reuters) – Porsche AG expressed confidence regarding 2023 on Monday after posting a record year-on-year sales increase of 18% in the first quarter.

The German luxury carmaker delivered 80,767 cars worldwide during the period, with an increase posted in every region.

In China, sales rose 21% – the most significant growth in any single region – with 21,365 deliveries registered between January and March.

“The good start makes us confident for the rest of the year – at the same time, we remain vigilant and flexible in an environment that remains challenging,” said Detlev von Platen, Porsche’s executive board member for sales and marketing.

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