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Porsche: Q1 sales up 4.1%

(CercleFinance.com) - Porsche has announced Q1 sales of 8.
04 billion euros, up 4.1% y-o-y.

Meanwhile, operating profit rose 17.4% to 1.47 billion euros.

In the first quarter, it delivered 68,426 vehicles to customers. The best-selling models were the Cayenne (19,029) and the Macan (18,329). The all-electric Taycan was the third most popular car (9,470).

Management said that its electromobility strategy is paying off: 23% of all vehicles delivered were electrified - and 14% were fully electric.

Porsche believes that it is well on the way to achieving its targets: by 2025, i.e. half of all new Porsche sales being electrified, whether fully electric or plug-in hybrids.



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