Porsche sells more cars

16/05/2017
High-performance automotive brand Porsche has reported a 6.6% increase in sales in the first quarter of 2017 compared to the same period last year.

Worldwide, it sold 59,689 vehicles in the first three months of 2017 compared to 55,974 in the same period last year.

Porsche’s profits were up by almost 50% to reach €986 million on revenues of almost €1.3 billion, but the company was quick to point out that it owed a large proportion of this high level of profit to equity in the Volkswagen group, of which Porsche is part.