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Porsche Posts Record Q1 Sales Rise Boosted by China (Reuters)
Source: Porsche posts record Q1 sales rise boosted by China | Reuters
Porsche AG posted a record year-on-year sales increase of 18% in the first quarter, boosted by China sales, the company said on Monday.
The German luxury carmaker delivered 21,365 cars in China, its largest single market, representing 21% growth over the previous year. The result there, which is the biggest among regions, was driven by the post-pandemic surge in demand.