Porsche India s sales grow 52 per cent in Q1 2021, luxury automaker records best quarterly figures i
Porsche India s sales grow 52 per cent in Q1 2021, luxury automaker records best quarterly figures in 7 years
The Panamera, Macan, 911, 718 Boxster and Cayman were the major contributors to Porsche India s strong sales in the first quarter of 2021.
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A Porsche Panamera was sold on an average every week till March-end in India.
HIGHLIGHTS
The luxury automaker s sales grew 52 per cent during January-March 2021.
Porsche India is planning to expand its model range in the country.
Porsche India sold 154 new cars during January-March 2021, witnessing a growth of 52 per cent over the year-ago period. The luxury automobile manufacturer also recorded its best quarterly sales performance in seven years in the first quarter of 2021.
Synopsis
The key to this performance has been a number of launches, including four variants of the new Panamera luxury performance saloon that resulted in an average of one new delivery every week to the end of March, the company said.
Reuters
Porsche India is also preparing for the expansion of its model offering, including the launch of the fully-electric Taycan in India, it added.
Luxury sports car maker Porsche on Monday reported a 52 per cent increase in its sales at 154 units in the January-March quarter this year as compared with the same period last year. Early indications of a revitalised luxury market are seen with the company realising its best quarterly results in India in the last seven years, the automaker said in a statement.
Luxury sports car maker Porsche on Monday reported a 52 per cent increase in its sales at 154 units in the January-March quarter this year as compared with the same period last year. Early indications of a revitalised luxury market are seen with the company realising its best quarterly results in India in the last seven years, the automaker said in a statement. This achievement makes Porsche one of the fastest growing luxury car brands in India this year, it added. Despite the ever changing pandemic-related measures, we have managed to outperform our quarterly sales results of the past seven years and secured the highest first quarter order intake in five years. This drives our motivation for the coming months, Porsche India Brand Head Manolito Vujicic said.