Put companies on watchlist
Dr. Ing. h.c. F. Porsche AG
ISIN: DE000PAG9113
WKN: PAG911
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Dr. Ing. h.c. F. Porsche AG · ISIN: DE000PAG9113 · EQS - Company News (61 News)
Country: Germany · Primary market: Germany · EQS NID: 1677739
12 July 2023 09:05AM

Dr. Ing. h.c. F. Porsche AG: Porsche records a significant increase in delivery figures


EQS-News: Dr. Ing. h.c. F. Porsche AG / Key word(s): Sales Result
Dr. Ing. h.c. F. Porsche AG: Porsche records a significant increase in delivery figures

12.07.2023 / 09:05 CET/CEST
The issuer is solely responsible for the content of this announcement.


Porsche records a significant increase in delivery figures  
 

  • 167,354 vehicles delivered to customers in first half-year
  • Growth in all sales regions
  • Increase of 15 per cent compared to the previous year


Stuttgart. Porsche ended the first six months of 2023 successfully with a 15 per cent gain in deliveries. The sports car manufacturer delivered 167,354 vehicles to customers worldwide. “After the first six months of the year, we can be pleased with our delivery results so far,” said Detlev von Platen, Board Member for Sales and Marketing at Porsche AG. “We posted gains in every sales region.”

 
Europe and Germany post high double-digit growth

With 36,574 delivered vehicles in Europe in the first half-year of 2023, Porsche managed an increase of 23 per cent over the same period last year. Also, in its home market of Germany, significantly more people took delivery of their vehicles than in the same period last year: 17,118 units, representing an increase of 24 per cent. North America posted double-digit gains as well. 41,937 delivered vehicles represent a year-on-year increase of 12 per cent. Despite the still challenging environment in China, Porsche delivered 43,832 vehicles from January through June in this market – an increase of 8 per cent. In the overseas and emerging markets, 27,893 cars were delivered to customers, representing an increase of 16 per cent.

 

The 911 remains a customer favourite in its anniversary year

SUVs remain among the most popular Porsche models: the Porsche Macan was delivered to 47,755 customers (+26 per cent). The Cayenne was delivered to 46,884 customers (+12 per cent).

The iconic 911, which turns 60 this year, continues to raise the customers’ pulse to race speeds: the 911 was delivered to 26,124 customers worldwide (+21 per cent). In the first half-year, 17,991 customers took delivery of the all-electric Taycan (-5 per cent). The electric sports car continued to be more affected by shortfalls in the availability of parts than other model lines.

The Panamera luxury saloon posted 17,565 deliveries (+13 per cent). The 718 Boxster and 718 Cayman models contributed a further 11,035 deliveries (+13 per cent).

“Value-oriented growth is the top priority for Porsche,” said Detlev von Platen. “To achieve that, we are continuing to focus on flexibility as the global economic situation remains challenging. Especially in China, we are striving for a balance of supply and demand in line with our luxury positioning.”

 

 

Porsche AG                                                   Deliveries January – June
2022 2023 Difference
Worldwide 145,860 167,354 +15%
Germany 13,785 17,118 +24%
North America 37,605 41,937 +12%
China 40,681 43,832 +8%
Europe (excluding Germany) 29,833 36,574 +23%
Overseas and Emerging Markets 23,956 27,893 +16%

 

 IR Contact: 

Bjoern Scheib, Head of IR    

capitalmarkets@porsche.de

Further information, as well as film and photo material, is available in the Porsche Newsroom: newsroom.porsche.de
 

 

Disclaimer

This press release contains forward-looking statements and information that reflect Dr. Ing. h.c. F. Porsche AG's current views about future events. These statements are subject to many risks, uncertainties, and assumptions. They are based on assumptions relating to the development of the economic, political, and legal environment in individual countries, economic regions, and markets, and in particular for the automotive industry, which we have made on the basis of the information available to us and which we consider to be realistic at the time of publication. If any of these risks and uncertainties materializes or if the assumptions underlying any of the forward-looking statements prove to be incorrect, the actual results may be materially different from those Porsche AG expresses or implies by such statements. Forward-looking statements in this press release are based solely on the circumstances at the date of publication.

We do not update forward-looking statements retrospectively. Such statements are valid on the date of publication and can be superseded.

This information does not constitute an offer to exchange or sell or an offer to exchange or buy any securities.

 

 



12.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Dr. Ing. h.c. F. Porsche AG
Porscheplatz 1
70435 Stuttgart
Germany
Phone: +497119110
E-mail: info@porsche.de
Internet: https://www.porsche.com/international/
ISIN: DE000PAG9113
WKN: PAG911
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 1677739

 
End of News EQS News Service

1677739  12.07.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1677739&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Dr. Ing. h.c. F. Porsche AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.