Sports car manufacturer Porsche has sold fewer cars
Porsche, the sports car manufacturer, experienced a setback in sales in the first half of the year. A total of 155,945 vehicles were delivered from January to June, which is seven percent less than the pre-set target, as the company announced on Tuesday.
Sales were particularly affected in China, where 29,551 cars were sold, which is a third less than before. Porsche attributed this to the tense economic situation in China. Sales also decreased in North America. A record sales figure in the second quarter, however, could not fully offset the minus in the first three months. On the other hand, sales went up for Porsche in Europe, and in particular on the German market, which accounted for about a fifth of the increase.
Despite the setback, Porsche, the sports car manufacturer, still aims to attain its sales goals for the remaining half of the year. Despite facing challenges in key markets like China and North America, there's hope that the momentum from the successful second quarter could be sustained.