Porsche reports 4% fall in Q1 deliveries
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FILE PHOTO: People inspect Porsche cars at The London EV Show, in London, Britain November 30, 2023. REUTERS/Maja Smiejkowska/File Photo
(Reuters) - Stuttgart-based sportscar maker Porsche delivered 4% fewer vehicles globally in the first quarter of 2024 compared to 2023, it said on Wednesday, citing a challenging market in China and customs-related delivery delays in North America.
Global deliveries stood at 77,640 cars worldwide, Porsche said, with deliveries down 24% and 23% year-on-year in China and North America, respectively.
In Germany, Porsche's home market, deliveries rose 37% to reach 11,274 vehicles.
Porsche delivered 16,340 vehicles in China and 15,087 in North America over the same period.
(Reporting by Louis van Boxel-Woolf, Editing by Rachel More)
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