Porsche’s sales fall globally in first half, China leads slump

Story: German luxury sports car manufacturer Porsche said that sales fell on Tuesday, July 8 in the first half of the year.

In the Chinese market, challenging market conditions and intensive competition are accused of a 28% decrease.

Sales in the automobile manufacturer fell globally 6% and delivered more than 146,000 vehicles worldwide.

As sales grew up to the tenth, North America proved to be a bright point.

Porsche’s electric vehicle deliveries rose to over 14% in the first half in the previous half.

Automobile manufacturer, 36% of the delivered vehicles are electric, he said.

Uncertain times continue for global automobile manufacturers.

On Monday, Mercedes-Benz said that the second quarter unit sales of cars and vans fell by 9%.

The German giant blamed the effect of tariffs.