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India might be reeling under the weight of the COVID-19 pandemic, people running pillar to post to secure a hospital bed, wait four several hours in line just to give a dignified farewell to the deceased, but there s no slowing down of luxury car sales as Porsche figures have shown.
Porsche India recorded healthy sales numbers this year, marking a record growth compared to last year. The luxury car brand s first-quarter sales for 2021 showed a sale of 154 new vehicles, which marked a 52 percent growth over the same period last year.
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According to the quarterly sales figures released by Porsche India, the carmaker sold an average of one Panamera every week till the end of March. All of the segments witnessed growth - SUVs at 38 percent, its 911, 718 Boxster and Cayman, at 26 percent compared to the same quarter last year.
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.
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