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Porsche: deliveries up in every region but China in first 9 months of 2023
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BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, reaching 242,722 vehicles, with growth seen in every region but China.
BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, reaching 242,722 vehicles, with growth seen in every region but China.
China sales fell 12% in the same January to September period, reaching 60,748 vehicles, due to the continuing challenging economic situation in the region, it said.
(Writing by Miranda Murray, Editing by Friederike Heine)
A vehicle delivery refers to the process of transporting a vehicle from the manufacturer or dealer to the customer. It includes logistics, transportation, and the final handover of the vehicle.
A sales decline occurs when a company experiences a decrease in sales over a specific period. This can be due to various factors, including market conditions, competition, or changes in consumer preferences.
The automotive industry encompasses all companies and activities involved in the manufacturing, marketing, and selling of motor vehicles. This includes car manufacturers, suppliers, and dealerships.
A challenging economic situation refers to conditions that negatively impact economic performance, such as high unemployment, low consumer spending, or market instability, affecting businesses and consumers alike.
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