Porsche’s grip on the Chinese luxury car market is slipping. Once the automaker’s largest market for eight consecutive years, China has seen a dramatic decline in Porsche sales, down 29% in ...
Luxury cars and China have been a love story for years. A booming economy, rising middle class, and a taste for the finer ...
[Photo provided to chinadaily.com.cn] China is central to Porsche's global business strategy, said Oliver Blume, chairman of the board of management of the German sports car maker. "It is ...
Despite building cars that some consider peerless, Porsche isn't immune to feeling the pain. In 2023, Porsche had bad news regarding sales in China: deliveries dropped 15 percent year over year ...
Dark rain clouds appear in the sky above a building belonging to sports car manufacturer Porsche. German sportscar manufacturer Porsche saw profits plunge in 2024, as sales in China took a major ...