Challenging Start in Q1 as Porsche Delivers ~53,000 Vehicles

During the first three months of 2020, Porsche sold 53,125 vehicles to customers worldwide. Compared to the year before, deliveries were down by 5% due to the effects of the coronavirus pandemic. The Cayenne was the most popular model with 18,417 deliveries. It was followed by the Macan with 15,547 vehicles. The current Porsche 911 delivered 8,482 times. This represents an increase of 16% compared with the same period in the previous year. The Taycan, the first all-electric Porsche sports car, which has been on the market since the end of 2019, was delivered 1,391 times to customers in the first quarter.

Q2 will be more revealing of the prospects for the year.

“We are not alone in clearly feeling the effects of the coronavirus pandemic on our deliveries. But our focus now is on standing together with our business partners worldwide. Working together, we are in a position to react plavix quickly and appropriately to further developments,” said Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG.

“We are now actively preparing to restart production,” said von Platen. “Our top priority will always be the health of our employees, the employees of our retail partners and, of course, the health of our customers. We are confident that the outlook is positive, not least because we see a clear recovery in the Chinese market; almost all of our Porsche Centers there have already reopened.”

China and USA Largest Markets

14,098 Porsche cars were delivered over to Chinese customers in Q1, making China the single market with the highest number of deliveries. USA took second place again with 11,994 deliveries. In Germany, Porsche sold 5,214 cars to customers. A total of 16,787 units were delivered in the European market. Customers in Asia-Pacific, Africa and the Middle East received 22,031.