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Porsche Faces 8% Sales Drop in Q1 2025 Amid Regional Disparities

While sales plummet 42% in China, North America and the electric Macan show promising growth.

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Overview

  • Porsche delivered 71,470 vehicles globally in Q1 2025, an 8% decline compared to the same period in 2024.
  • Sales in China fell sharply by 42% year-over-year, with CEO Oliver Blume citing long-term structural challenges and no quick recovery expected.
  • North America saw a 37% increase in deliveries, partially attributed to a weak comparison period in the previous year.
  • The compact SUV Macan recorded a 14% sales increase, with over half of the units sold being the new fully electric variant.
  • Core models like the Cayenne, 911, and Taycan underperformed, reflecting shifting consumer preferences and market dynamics.