{"id":51611,"date":"2025-10-09T21:24:28","date_gmt":"2025-10-09T21:24:28","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/porsche-global-sales-decline-6-in-january-september"},"modified":"2025-10-09T21:45:57","modified_gmt":"2025-10-09T21:45:57","slug":"porsche-global-sales-decline-6-in-january-september","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/porsche-global-sales-decline-6-in-january-september","title":{"rendered":"Porsche global sales decline 6% in January-September"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>Global sales of Porsche, the luxury car brand of the German Volkswagen Group, declined 6% in the first nine months of the year as demand from China and Europe waned, according to a statement on Thursday.<\/p>\n<p>The number of global car deliveries by the luxury carmaker fell to 212,509 units in January-September.<\/p>\n<p>Porsche delivered only 32,195 units to China in the same period, marking a 26% decline.<\/p>\n<p>The luxury brand cited challenging market conditions, especially in the luxury segment, as well as the rising competition from China.<\/p>\n<p>Porsche\u2019s deliveries to China make up 15% of its global sales, while suffering from the tariff tensions between the EU and China.<\/p>\n<p>Porsche\u2019s sales to North America climbed 5% in the first nine months of the year to 64,446, while its sales in Germany fell 16% to 22,492 units.<\/p>\n<p>The German luxury brand\u2019s sales in Europe \u2014 except for Germany \u2014 declined 4% to 50,286 units, according to the statement.<\/p>\n<p>Porsche, a brand that depends entirely on exports, lowered its sales expectations for this year in a statement last month due to weak demand, competitive pressure in China, and US tariffs.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. Global sales of Porsche, the luxury car brand of the German Volkswagen Group, declined 6% in the first nine months of the year as demand from China and Europe waned, according to a statement on Thursday. The number of global car deliveries by the luxury carmaker fell to 212,509 units in January-September. 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