The Zhitong Finance App learned that despite another sharp decline in car sales, the profitability of the established German luxury car manufacturer Porsche (POAHY.US) remains stable, and demand for the high-end 911 and high-priced derivatives helped the company cushion the impact of poor performance in the Chinese market. According to the data, Porsche's revenue for the first nine months of 2026 was 25.282 billion euros, down 6% from 26.864 billion euros in the same period last year. The 16% drop in deliveries in the first nine months was an important reason for the decline in revenue, although pricing and model combinations moderated this impact to a certain extent.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that despite another sharp decline in car sales, the profitability of the established German luxury car manufacturer Porsche (POAHY.US) remains stable, and demand for the high-end 911 and high-priced derivatives helped the company cushion the impact of poor performance in the Chinese market. According to the data, Porsche's revenue for the first nine months of 2026 was 25.282 billion euros, down 6% from 26.864 billion euros in the same period last year. The 16% drop in deliveries in the first nine months was an important reason for the decline in revenue, although pricing and model combinations moderated this impact to a certain extent.
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